News & Bulletin Updates

Nov 30, -0001:

HPCL - Mittal Energy Limited (HMEL) has reported price revision for Polypropylene (PP) grade with the effect from November 7, 2019.
According to reliable sources, the basic price of PP homopolymer grade has been slashed by Rs 2,000/MT respectively.

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Gas Authority India Limited (GAIL) has revised its basic prices of polyethylene (PE) grade with effective from November 1, 2019

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Ethylene prices increase in the Asian market and U.S.Gulf.

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Ethylene prices increases in the Asian market

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Reliance Industries Limited has announced an upward price revision for Mix Xylene with effect from  August 01, 2019.

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Phenol prices went down In NW Europe due to fluctuations in demand, as prices went down from 1220 Euro/MT CFR to1210 Euro/MT CFR.

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Tenders are invited in a single-stage two-bid system, with the first part being the commercial bid and the second stage for the price bid, according to the notice.

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Butadiene prices has not seen any ups and downs on 3rd June

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Prices of Toluene in International market inched lower on Friday. The marginal price fall was on the back of dull

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VCM process has on rice in the international market on may of 17th

 

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Tianye Chemicals, China has offered Polyvinyl Chloride (PVC) resin grade (SG-5) at $845/MT on Nhava Sheva Port, Mundra Port and Pipavav

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Chongqing Kabeile has brought on-stream its methanol plant located in Chongqing province of China.
The company has resumed operations at the methanol plant last week. The plant was shut for maintenance on in end-December, 2018.
The methanol plant has a production capacity of 850,000 mt/year.

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The prices of C9 solvent have been on a downtrend since the end of the previous month. At present, the bulk price ex- Kandla has stabilized at levels of Rs 55 per kg, exclusive of all taxes, a fall of Rs 10/kg from the previous week.
It's expected that the price of C9 solvent is expected to decline further in the near term on account of a lull in demand from the most end-user segments.

 

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The price of Methanol has Increased in Indian markets. Imported material price moved up by Rs 3/kg from Rs 22/kg to Rs 26/kg in

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The US propylene industry is poised to see continued healthy production rates from domestic propane dehydrogenation production heading

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The US propylene industry is poised to see continued healthy production rates from domestic propane dehydrogenation production heading

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Polypropylene prices went down in Asia on December 12, 2018. In FE Asia, Injection Moulding and Raffia were assessed at $1030/MT CFR, 

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Nov 30, -0001: RIL reduces MEG prices

Reliance Industries Limited (RIL) has announced a downward price revision for MEG with effect from Saturday, December 1, 2018.
According to a reliable source, the company cut the price of MEG down by Re 1.30/kg basic. The current basic price is Rs 55.10/kg.

 

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Despite weaker regional demand trends, butadiene prices remained unchanged in the International market on Thursday.

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Located in  Carville, Louisiana, US CosMar has delayed the restart of its Styrene Monomer (SM) plant for maintenance until the middle of December. Originally, the plant was expected to return to full production around 20 October.

 

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Located in Labuan Island province, Malaysia, Petronas has delayed the restart it is methanol plant which was shut for maintenance.

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Chemical players in India are wary of the rupee's sharp depreciation, which is fueling price spikes in the domestic market. 

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The demand for Diethylene glycol was moderate and prices have remained steady for the last one week in the Indian market.

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Bis Phosphoric Acid prices climbed in Asia due to strong buying trends and tight regional product availability.

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Hengli Petrochemical Industry has restarted its No 1 Purified terephthalic acid (PTA) unit following a planned shutdown.

 

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