News & Bulletin Updates

In the next one week, around 1.18 million tonnes of assorted chemicals are to be processed in Indian ports
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Various market traders, as of 12th November, 2020, have confirmed that chemical prices  have increased in the Ahmedabad market.

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Prices for MEG have been revised by IOCL.

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Prices for phenol have been revised by HCL.

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A price revision for  NBA/Octanol. has been announced at Andhra.

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Prices for melamine have been revised at GSFC.

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MIBK prices have continuously increased from this month  indicating a shortage of supply with a growing demand.

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As of 12th November, 2020 the price rise in Mumbai tanker load is due to the strong demand in the market and also because of supply being slow.

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Lotte Titan has undertaken a planned shutdown at its Low Linear Density Polyethylene / High-Density polyethylene (LLDPE/HDPE) swing unit.

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As of 12th November, 2020 stronger upstream PX values pushed PTA prices higher in Asia.

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As of 12th November, 2020 prices climbed, on the back of stronger regional buying sentiments and firmer MEG futures on the Dalian Commodity Exchange in China.

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As of 12th November, 2020 prices gained, mainly on account of bullish upstream energy values and a rise in downstream PX rates.

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As of 12th November, 2020 stronger upstream crude and gasoline values pushed toluene prices higher in the U.S.A

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Mumbai has announced a price revision for acetic acid.

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Prices for mixed xylene have been revised at JNPT.

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A price revision for DEG. has been announced at Hazira.

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Acetone/Phenol prices picked up in China and SE Asia.

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The company is likely to halt operations at the unit by mid-November, 2020.

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PX prices increased in the international market.

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SM prices picked up in the Asian market.

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Reports of improved regional demand trends and stronger isomers have resulted in benzene prices picking up in the  international market.

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The company is likely to halt operations at the unit by mid-November, 2020.

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The company has planned to halt operations at the unit for a maintenance turnaround by mid-November, 2020.

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The company is likely to start maintenance at the plant by mid-November, 2020.

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Reliance Industries Ltd (RIL), is in plans to bring on-stream its Polypropylene (PP)  unit following an unplanned outage.

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