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

Styrene Monomer prices have been registered to move upwards in Rotterdam on account of positive

Toluene prices dropped in Asia due to dull demand in the region. 

MX prices climbed in the US Gulf on reports of limited product availability and strong demand trends

Methanol saw a price rise in the international market on the back of strong demand trends in the region.

China announces future trade opening with active deals taking place from September 20th2020

To know the HDPE prices in the US market as of 23rd June 2020.

Gujarat Alkalies and Chemicals Limited (GACL) informed today that its board has revisedproject cost estimates for the company’s unit in Dahej with the planned production capacity being 105,000 TPA.

Spheripol Technology will be used for a 450 KTA polypropylene plant to be built in Panipat, Haryana State, India.

Due to the ongoing pandemic and bearish market conditions, Acrincor Camacari had shut its ACN plant on March 20th 2020.