Our analysts, after talking to various sources in the Mumbai market have reported that the price of IPA has come down because of weakening demand and shortage of supply.

As of Sep 03, 2020, Crude oil prices went down for Indian Basket, OPEC, North-West Europe and the US Gulf on Thursday.

Naphtha prices picked up in Japan on account of active demand trends in the region as informed by our analysts.

ABS prices climbed marginally in some International markets as of 3rd September 2020.

As of 3rd September 2020, GAIL has announced price revisions for PE grades.

As of 3rd September 2020, Dollar opened at Rs 73.25 which is higher from the previous close.

As of 3rd September 2020 our analysts have informed us that a major Japanese producer is likely to halt operations at the unit for maintenance in mid-September, 2020.

Mega Petrochemical project starts in Northeast China according to our analysts.

RIL has announced a price of Benzene and Toluene with effect from 3rd September 2020.

As per our analysts HCL has announced price revisions for Acetone and Phenol as of 3rd September 2020.

Para Xylene (PX) prices pick up in the International market as per our analysts.

Our analysts have reported that Toluene prices have drifted down in Rotterdam owing to the soft demand trends in the region.

As of  3rd September 2020, Methanol price picks up in the International markets on the back of strong demand trends in the region.

As of 3rd September 2020 our analysts have informed us that a major Chinese producer starts maintenance at the Polymethyl methacrylate plant by mid-September, 2020.

As of 3rd September 2020, PTA prices have remained unchanged for the Asian market.

As of 3rd August 2020, IOCL has announced price revisions for PE and PP grades.

As of 3rd September 2020, Dollar opened at Rs 73.25 which is higher from the previous close.

Our analysts have informed us that a major International producer has undertaken an unplanned shutdown at its HDPE unit .

As of 3rd August 2020, Haldia Petrochemicals has announced price revisions for PE and PP grades. 

Reliance Industries Limited has revised its prices for its PE grades as of 2nd August 2020.

Our analysts have informed us that the country's overall exports fell by 9.9% year on year to $39.6bn in August on fewer working days as the coronavirus crisis continued to weigh on overseas demand.

As per our analysts, Oil and petrochemical investments have reached US$10 billion in Iran.

Our analysts have informed us that despite the pandemic Asian Naphtha markets will remain in the positive due to healthy spot buying demand.

Our analysts have informed us that a major Chinese producer has restarted production at its No. 2 PTA plant.

As of 2nd September 2020, Dollar opened at Rs 73.05 which is higher from the previous close.