On Tuesday the Mumbai, Delhi and Ahmedabad markets witnessed a few buying activities for Polycarbonate, following resumption of trade in the Phase 1 lockdown lifting.

Delhi polymer market is in a fluctuating state with prices gradually increasing.

As of 30th June, 2020, the import offers for Kolkata Port in US/MT are as follows

WIth extensive primary and market research, our analysts have predicted the price to be announced for 1st July 2020.

The import offers for Nhava Sheva Port in US/MT

PVC, LLDPE and PP futures opened higher than yesterday according to our analysts and have maintained the gradual price rise.

LyondellBasell is all set to increase US polypropylene prices by 3 cent/lb as reported by our analyst.

Following a turnaround, the company is set to resume operations at the Group II base oil plant in mid-July, 2020.

According to our analysts, toluene prices have started to drift down in some parts of the International market namely Japan, South Korea and China which can be attributed to a key manufacturer slashing prices.

As of 30th June 2020, Purified Terephthalic Acid prices fall in Asia according to our analysts.

OX prices edged lower in Rotterdam on the back of falling crude rates.

Our analysts have reported that Mixed Xylene (MX) prices have declined in the US Gulf and Rotterdam owing to the soft demand trend in the region.

On Tuesday 30th June 2020, benzene prices recorded a price drop in the Asian market according to our analysts.

Methanol prices as of 29th June 2020 have gone up on account of imports being delayed as reported by our analysts.

Shandong Yuhuang Chemical to resume operations at its No. 2 Styrene monomer (SM) plant by early-July, 2020 which was shut following technical issues.

Following the start of a turnaround, our analysts have informed that Lukoil has scheduled to take its (ANC) plant off stream by August- September, 2020.

PAN prices climbed marginally in South-East Asia as of 29th June 2020. Our analysts have credited this price rise to limited product availability and other factors.

As of 29th June 2020, Bis Phosphoric Acid prices have seen a gradual rise in the international market on the back of improved buying sentiments.

Our analysts have reported that Methanol prices have declined in Europe due to sluggish demand trends in the region.

According to our analyst the price of DOP In South-East Asia went up on the back of improved buying sentiments in the region.

Kolkata Polymer Prices

RIL announced the Annual Procurement Plan (APP) for LDPE grades for FY 2020-2021.

The company recently resumed operations at the plant. The plant remained under maintenance for about 7 weeks.

The company started maintenance at the plant on June 10, 2020. The plant is slated to remain under maintenance till end-July, 2020.

Ortho-Xylene prices drifted down in Asia Reports of sluggish regional demand sentiments pushed prices lower in the market.