What is the latest scientific forecast for Brent over the next two years, now that the virus attack is in full swing? Will it hit $10 levels, and if so, how long a time will it be for?

Reliance Industries Ltd (RIL) has revised downward price revision for Polyethylene Terephthalate (PET) grade with effect from April 1st, 2020.

Materials Chemicals and Performance Intermediaries (MCPI), has shut its No. 1 and No. 2 purified terephthalic acid (PTA) units.

Toluene prices drifted sharply lower across Asia. Prices tumbled, as demand continued to remain bearish coupled with a sharp fall in upstream rates, and sufficient product availability in the region.

On Monday, PTA prices declined in Asia due to bearish upstream PX values, persistent dull regional demand trends coupled with bearish fellow polyester MEG feedstock values. Click on Details to find out by how much.

Methanol prices collapsed in Asia. Prices plunged, as buying sentiments remained sluggish in the region coupled with plentiful product availability. Click on Details for more

Styrene Monomer prices slipped in some international markets. The price fall was on account of poor buying interest in key markets and weaker upstream energy and benzene values. Click on Details for more

Unplanned shutdowns are now taking place, provoked by the Coronavirus lockdown

Butadiene (BD) prices went down in the US Gulf on account of the downward in primary feedstock prices

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

Propylene prices are moving down significantly in South Korea, North-West Europe but moves down slightly in China, and the US Gulf.

Ethylene prices have been reported to move sharply down in North-West Europe while declined slightly in the US Gulf.

Oil recovered some ground on Tuesday as US President Donald Trump and Russian President Vladimir Putin agreed to discuss stabilizing energy markets, but prices remain

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 registered lower in China, Far East Asia, South-East Asia, and North-West Europe owing to inactive demand.

Propylene prices are moving down significantly in South Korea, China, Japan, and South-East Asia owing to the dull buying trend.

Ethylene prices have been reported to move sharply down in South-East Asia, North-East Asia, Japan, China, South Korea, and US Gulf.

Butadiene (BD) prices have been registered to move significantly down in China, South East Asia, South Korea, and Rotterdam on account of decreasing demand.

Naphtha prices have been moved down in Japan and Europe owing to sluggish demand trends in the region.

The Organization of the Petroleum Exporting Countries (Opec) in addition to's brinkmanship over unrefined petroleum creation in the midst of the coronavirus (COVID-19) pandemic has brought about the US raw petroleum costs contacting the sub $20 per barrel mark. 

With the government enforcing a price ceiling on hand sanitizers, will the price of IPA going to stabilize? Prices have been shooting through the roof recently. Click on Details for more

The coronavirus lockdown is finally locking down the chemical and petrochemical industry. A demand slump is causing storage problems in many units and this in turn is forcing many of the units to shut down
Find out what the status of:
IOCL’s Paradip plant, Panipat plant. MRPL’s unit, RIL’s plants, GAIL’s petrochemical unit, Haldia Petrochemicals’ plants as also BCPL’s units
Also know more on the status of the PET plants

What about HOCL’s Phenol-Acetone plant?
Click on Reports for more

Toluene prices dropped in the US Gulf. The price fell due to bearish upstream cues from crude

In the international market, Benzene's price rose which was attributed to the strong demand trend

MEG prices were seen dropping in Asia due to dull demand in the region. A key manufacturer