News & Bulletin Updates

Bulletin Updates

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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.

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As of 1st August 2020, NPAC prices dropped down in the Kandla port due to the decreasing number of bookings and fluctuating demand and shortage of material.

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According to our analysts this price drop was prompted by a tumble in upstream crude rates.

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As of 1st August 2020, Toluene prices were seen dropping in India and the US Gulf.

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Asian imports and demand for IPA has been picking up during the pandemic since its use in the production of hand sanitizers which was previously a niche market.

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As of 1st August 2020, IOCL has announced a price revision for PP and PE grades as informed by our analysts.

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The Indian Rupee on Saturday opened 0.12 paise up against USD.

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As per our analysts a major International producer has undertaken an unplanned shutdown at the cracker on July 31, 2020.

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A major International producer has brought on-stream its polyvinyl chloride (PVC) plant following a maintenance turnaround.

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SPL has announced a revision in its PS prices as of 1st August 2020.

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As of 1st August 2020, RIL has announced a price change for HDPE,PP,LLDPE,LDPE, PET and PVC as informed by our analysts.

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South-East Asia and Far-East Asia witnessed a marginal price hike of Acrylonitrile as informed by our analysts. on account of active demand trends in the region.

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As of 31st July 2020, the price of EDC and VCM remains unchanged from the previous close as informed by our analysts.

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A Mumbai market trader has confirmed as of 31st July 2020 that the price of MIBK has increased in the Indian market.

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As of 31st July, 2020, the price of Acetonitrile dropped down in the Mumbai market due to fluctuating demand and shortage of material.

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The Asian market has seen more demand for lighter naphtha grades, but not enough to significantly support arbitrage flow from Europe as of 31st July 2020.

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RIL's overall exports declined 34.8% to 32,681 crore compared to the corresponding period of the previous year as per reports.

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Mitsubishi Chemical Corp. recently decided to acquire two German carbon-fiber recycling companies, CFK Valley Stade Recycling GmbH & Co. KG (CFK) and carboNXT GmbH (carboNXT) as part of the company’s efforts to promote the circular economy.

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Major International chemical producer has restarted its Methanol plant following a turnaround due to maintenance.

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As per our analysts, a major Chinese producers has shut its PX unit following a turnaround due to maintenance.

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As of 31st July 2020, SM prices were seen dropping in Japan and South Korea .

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Our analysts have informed us that Ethylene prices have remained stable for Asia as of 31st July 2020.

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Lifting Discount schemes will be announced for PP post 1st August 2020 taking into account the weakening buying sentiments for the Indian market.

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Our analysts afterlooking at the ongoing  crisis of the pandemic, current open bazaar scenario,

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Our analysts have reported that if this pandemic becomes the new normal, demands for petrochem and chemicals may decrease in the long term scenario for the EU market.

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Showing 80 - 105 of 13130 Bulletin

RIL has a giant crude to chemical game plan
It is extremely ambitious in its scale

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Production margins were hovering at multi-year lows in early July as oversupply continues to pressure the polyester chain.

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The prices of almost all the petrochemical products discussed under pressure had declined in the broad range of 0.3%-29% y-o-y in FY20.

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Jun 02, 2020: Tested title