As reported in our previous analysis, the price of Phenol has been going down but as of today the price of Phenol has increased in the Mumbai market, according to trading sources.

The price of Methanol has been cut by Rs 0.75/kg.

PX prices have declined in the Korea/SE Asia owing to the soft demand trends.

Reports of improved regional demand trends and stronger isomer FOB Korea and CFR Japan and CFR China prices

A Chinese petrochemical producer is planning to take off-stream its No.1 Polypropylene (PP) unit in Zhoushan, Zhejiang

Major Thai producer has taken off-stream its ethylene vinyl acetate (EVA)/low density polyethylene (LDPE) plant.

Major International producer restarts its Polypropylene plant following a maintenance turnaround.

The company has undertaken an unplanned shutdown at the unit on October 11, 2020.

Despite high upstream costs, benzene prices slipped in the international market.

Sichuan Shengda Chemical is in plans to undertake a planned shutdown, at its purified terephthalic acid (PTA) unit in Nanchong.

There is a cyclone alert signal no. 9  hoisted at Chennai, Ennore, Kattupalli & Karaikal.
All inward movements for these ports have been suspended.

8This is evident from the pile-up of crude vessels at receiving ports.
8RIL however is witnessing an uptick in crude vessel offloading, with the line-up of vessels waiting coming down a little.
8Meanwhile, RIL is likely to complete the turnaround at its polypropylene (PP) unit and resume operation on November 12, 2020, as reported by our sister site www.indianpetrochem.com. The unit was shut for maintenance in mid-October, 2020. Located at Jamnagar in Gujarat, India, the PP unit has a production capacity of 480,000 mt/year.
8Also, the company's No#1 TPA plant at Hazira with a capacity of 510 KTPA of TPA is undergoing a planned shutdown
Click on Reports for more

The international crude oil price of Indian Basket was quoted at around $42.17 per barrel on Oct 12, 2020.

Naphtha prices were recorded to be static in Japan and Europe due to a steady demand trend on Monday.

Butadiene prices were assessed to be higher in South Korea, China and South-East Asia, while remaining unchanged for Rotterdam and US Gulf

The price of DEG has been slashed  by Rs 2/kg. The new basic price of DEG being Rs 38/Kg.

GSFC has announced a price revision for Cyclohexane.

Vizag has announced a price revision for Benzene.

The company is currently operating the plant at 100% of production capacity levels.

As reported in our previous analysis, the price of PAN has been going down but as of today the price of PAN has increased in the Mumbai market, according to trading sources.

The company halted operations at the plant on October 10, 2020.

The company is likely to resume production at the plant by mid-October, 2020.

Haldia Petrochemical Ltd (HPL) has announced X Incentive on PP for October 2020

CNOOC and Shell Petrochemicals Co (CSPC), has taken off-stream its low density polyethylene (LDPE) unit for turnaround.

Total chemical tonnage that is going to be processed in Indian ports is close to 0.9 million tonnes.
Get the full import matrix