News & Bulletin Updates

As of 18th September 2020, Dollar opened at Rs 73.47 which is up from the previous close.

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Prices climbed higher, mainly on account of bullish Ethylene feedstock rates and stronger PVC demand and pricing trends.

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Kandla has announced a price revision for C9 Solvent as of 18th September 2020.

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The company halted operations at the unit on September 12th, 2020.

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The company slashed production at its plant to around 50% of the capacity levels on September 16th, 2020.

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As of 18th September 2020 SM prices have declined in the Asian market owing to the soft demand trend

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Acrylonitrile prices picked up in the Asia market as of 18th September 2020.

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As of 18th September 2020, PTA prices picked up in the International Market.

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Demand for hand sanitizers has declined, and recently, also newcomers to the IPA market in the spring are exiting the market and re-focusing on their previous products.

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The company's No. 1 and No. 2 MEG plants at the site, each with 120,000 mt/year capacity, are running at 90%-100% capacity in September. 

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The company is likely to shut the plant for maintenance by early-December, 2020 for a period of around 4 weeks. Earlier, the plant was scheduled for maintenance by October 2020.

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Major producer from Thailand is heard to have offered its Vinyl acetate monomer (VAM) at the USD 740/mt levels.

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The company has scheduled a turnaround at the unit in the second half October for a period of around 20 days.

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The company has undertaken a planned shutdown at its plant in early-September, 2020.

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This study focuses on China's Acetic Acid industry forecasts. In the two past decades, the industry has been growing at a fast pace.

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The company halted operations at the unit for maintenance on September 4th, 2020.

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On Thursday, bullish upstream crude and naphtha values pushed propylene prices higher in Asia.

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Despite stronger upstream energy rates and constrained product availability Ethylene prices remained unchanged in Asia.

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Major International producer resumes production at its Polypropylene (PP) plant following an unplanned outage.

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As of 18th September 2020, the dollar opened at Rs 73.47 which is up from the previous days close.

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As of 17th September 2020, Dollar opened at Rs 73.74 which is up from the previous close.

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As reported in our previous analysis, the price of MX / MMA  has been going down for many days but as of today the price of MX/ MMA has increased in the Mumbai market.

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Various market traders have confirmed as of 17th September 2020 that the price of chemicals have increased in the Delhi market.

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Kandla has announced price revision for MIBK as of 17th September 2020.

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The company has planned to halt operations at the plant by early-October, 2020.

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