News & Bulletin Updates

There was a shortage of benzene supply in Vizag but upon availability today prices are

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Get the latest price for IPA as it forges ahead on account of a massive upsurge in demand. Click on Details for more

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Today, Methanol prices slipped at Kandla port. Prices dropped, mainly on account of persistent weaker buying sentiments in the region and a lockdown in material movement. Click on Details for more 

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Reliance Industries Limited (RIL) has announced a cut in DEG and MEG prices with effect from March 21, 2020. Click on Details for more

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Vinyl Chloride Monomer (VCM) prices have been on a downward trend in China, Far East Asia, and South-East Asia. This is in sympathetic reaction to the twin impact of the virus and lowers crude and feedstock prices.

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On Friday, Ethylene Dichloride (EDC) prices registered lower in China, Far East Asia, and South-East Asia, owing to inactive demand.

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Propylene prices continued to move inexorably downwards in Japan, South East Asia, India and North-West Europe.

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Ethylene prices are now moving forcefully down in South-East Asia, India, North-East Asia, North-West Europe, and US Gulf.

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Oil prices continued to fall on Monday, threatened by both the virus attack and the collapse of the OPEC cartel.

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Butadiene (BD) prices went down significantly in Europe on account of depressed demand.

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On Monday, Asian naphtha prices were down 17% from close on March 21. This is likely to have an add-on negative impact on end prices.

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There is a lockdown currently in place in major cities where petrochemicals are traded.
Are domestic manufacturers still supplying polymer materials to factories around the country?
Get a status update from us even as the government steps up efforts to contain the spiraling impact of the virus.

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Hindustan Organic Chemicals Limited (HOCL) has declared a downward price revision for Acetone with effect from March 21, 2020.

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Reliance Industries Limited (RIL), JBF Industries Limited and Dhunseri Petrochem Ltd (DPL) have announced a downward price revision for Polyethylene Terephthalate (PET) bottle-grade prices with the effect from March 23, 2020

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The city of Mumbai is under shut down as of now, with orders from the government to work from home. And this is having all kinds of repercussions in the chemical and petrochemical market.

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Friday saw N-Butanol prices remain unchanged, click on Details for more

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Purified Terephthalic Acid prices fell in India and Asia. Click on Details for more

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Meanwhile, MEG prices dropped on Tuesday in Asia due to dull demand in the region.l. Click on Details for more

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The city of Mumbai is under shut down as of now, with orders from the government to work from home. 

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MEG prices have fallen in Mumbai due to lackluster demand and extra stock availability. Click on Details for more

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Celanese Corporation is probably going to shut its ethanoic acid plants for a quick turnaround. Click on details to find out more

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BP Zhuhai, a part of BP PLC, has packed up its No. 3 purified terephthalic acid (PTA) plant for a maintenance turnaround. Click on Details to find out how long it is going to stay offstream.

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The company postponed the restart of the plant to March 2020. The plant was pulled up for unplanned maintenance work on 5 February 2020, and was supposed to start in early march 2020. Click on Details for more

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Paraxylene prices were reported down in the international market.This price fall was in line with bearish

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The run on IPA, which is used for sanitizers, has led to a severe shortage of the material. “Stocks have run out everywhere, it seems, even as prices have skyrocketed,” a trader told this website. Click on Details

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