On April 20, 2020, Ethylene Dichloride (EDC) prices have been found steady in FE Asia, SE Asia, China, NW Europe, and the US Gulf. Prices in FE Asia and China were registered at $180/MT CFR, in SE Asia at $185/MT CFR, in NW Europe at $105/MT FOB, and US Gulf at $120/MT FD respectively.

We have been able to collect the latest prices for chemicals after many days of lockdown. 

Fresh studies are coming in about how to deal with the virus. According to one study, droplets can hang in the air for 0.5-3 hours. And the virus can stay longer than was expected on surfaces, according to a big global study.
While everyone is waiting for the lockdown to clear, so that business can resume, clear protocols have to be established, and they are quite strict and have to be completely adhered to.
A misunderstanding of the protocols will have serious implications. Also, what really happened in China and what are the lessons to be drawn to restart businesses here. Merely wearing a mask may not be enough. Our website has been able to put together some documentation on what is next for business.
Click on Report for more.

Propylene prices moved significantly downwards in South Korea, North-West Europe and China. Click on Details for more.

As crude prices decline, Ethylene prices have moved downward in South-East Asia, North-East Asia and India. Click on Details for more

Some prices for LLDPE Film and Injection Moulding are getting discovered in Delhi. Click on Details for more

Iso Propyl Alcohol (IPA) prices have fallen at Mumbai and Kandla port as fresh material arrivals. Click on Details for more 

Reliance Industries Limited (RIL) has revised its basic price of Toluene with effect from April 16, 2020. 

Reliance Industries Ltd (RIL) has announced a downward price revision for Mixed Xylene with effects from April 16, 2020. Click on Details for more 

DCM Shriram Limited has announced that the production at caustic soda plant of the Company at Bharuch 

China-based Yanlian Petrochemical has recently started operations at its Polypropylene (PP) plant for a scheduled turnaround in Shaanxi

Butadiene (BD) prices have been reported to be stable in South Korea, China, South East Asia, Rotterdam, and US Gulf due to steady demand patterns in the region

Naphtha prices have been registered to move downward in Japan and Europe owing to sluggish demand trends in the region

Propylene prices continued to move inexorably downwards in North-West Europe owing to inactive demand trends

Ethylene prices have been reported to move marginally down in North-West Europe while stay unchanged in Asia and US Gulf.

Butadiene (BD) prices have gone significantly down in China, South Korea, South East Asia, Rotterdam, and the US Gulf on account of the downward in primary feedstock prices.

Naphtha prices have been registered to move upwards in Japan and Europe on account of increasing buying trends in the respective countries

Vinyl Chloride Monomer (VCM) prices have been on a downward trend in China, Far East Asia, South-East Asia, and North-West Europe

Ethylene Dichloride (EDC) prices have been registered to be sharply down in China, Far East Asia, South East Asia, and North-West Europ owing to inactive demand patterns

Propylene prices are now moving forcefully down Japan, South Korea, China, South East Asia, and India owing to reducing demand patterns

Ethylene prices have been found to continue to move downward in South-East Asia, North-East Asia, Japan, China, South Korea, India, and US Gulf while remained unchanged in NW Europe

Reliance Industries Limited (RIL) has declared an incentive scheme for high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), and low-density polyethylene (LDPE) for March 2020 lifting with a revised slab of APPQ%.

Monoethylene Glycol (MEG) prices climbed marginally in the Asian region on Thursday. The price gain as buying sentiments reported to have improved in the region.

Vinyl Chloride Monomer (VCM) prices have been on a downward trend in the US Gulf. The prices went down in the US Gulf from $___/MT to $____/MT (FD)

Ethylene Dichloride (EDC) prices have been registered to be sharply lower by $65/MT in the US Gulf owing to inactive demand patterns.