Today Acetone/Phenol prices climbed in Europe. Reports of limited product availability and strong demand trends have together pushed prices higher across the region.

Purified Terephthalic Acid prices fell in Asia.

Ahmedabad Polymer Prices in Basic (Rs./Kg).

Delhi Polymer Prices (Rs/Kg)

Sinopec Tianjin Petrochemical, Chinese refining giant, is in plans to commence operations at its monoethylene glycol (MEG) on 10th July 2020 after completion of replacing catalyst.

Indian Oil corp inaugurates its Product Application &  Development Centre (PADC) facility at Paradip adjacent to its Refinery and Petrochemicals complex.

Covestro is planning to restart its Methylene diphenyl diisocyanate (MDI) unit which was shut to an unplanned turnaround.

According to our analysts toluene prices have started to drift down in some parts of the International market.

Japan and South Korea has witnessed a decline of $15/ton in Styrene Monomer prices as informed by our analysts on 26th June 2020.

Our analysts have reported the gradual decline of Purified Terephthalic Acid prices in India and Asian markets as of 26th June 2020

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.

Our sources have informed us that as of 25th June 2020, HPCL, RIL & Opal have undertaken rate revisions for PP, HDPE,LLDPE and PVC.

US marathon Petroleum is planning to restart its Aromatics plants which was shut due to an unplanned turnaround.

Owing to inactive demand patterns, Phenol prices have registered sharply down in China but this has had an adverse effect in the South-East Asian markets.

Styrene Monomer (SM) prices have recorded a marginally increase in some parts of the international market.

Our sources have reported the marginal increase of Monoethylene Glycol (MEG) prices in the Asian market.

PX prices are fluctuating in the International market with prices decreasing in parts of South- East Asia but increasing in FOB US Gulf.

 China and South-East Asia witnessed a sharp decline of Acetone prices as informed by our analysts on 25th June 2020.

Alkyl Amines Chemicals Ltd reported a steady growth in its quarterly as well as yearly profits.

The border skirmish between China and India has had its impact on prices, with LLDPE FIlm originating from India quoted higher in China then elsewhere.

Following the onset of Covid, the market for Polymers has been highly saturated.

Propylene prices assessed stable at US$ 785/- per MT CFR China basis.

PVC futures opened higher at 6180 RMB/mt against Yesterday’s closed of 6165 RMB/mt.

The company has undertaken a planned shutdown at the plant on June 23, 2020.

The company resumed operations at the unit on June 21, 2020