On Tuesday Octanol prices picked up in India on the back of strong demand trends in the region coupled with high saturation in the market. 

On Tuesday Benzene prices have declined in the domestic market

CFR China propylene prices were steady at the USD 915/mt levels.

Jiangyin Chengxing Industrial Groups, is likely to restart its polyethylene terephthalate (PET) unit following a prolong shutdown.

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The international crude oil price  Indian Basket was quoted at around $39.55 per barrel on Oct 06th, 2020.

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

Naphtha prices moved upwards in Japan on account of active demand trends in the region.

Satyam has announced a price revision for Ethyl Acetate.

Dahej has announced a price revision for  Chloroform.

Vizag has announced a price revision for Benzene.

As reported in our previous analysis, the price of DOP has been going down for many days but as of today the price of DOP has increased in the Mumbai market, according to trading sources.

Various market traders have confirmed as of 6th October 2020

In Mumbai PAN Prices have increased because chemical companies have increased their price.

As of 6th October 2020 OX prices have declined in the  international market owing to the soft demand trends.

Acrylonitrile prices picked up in the international market as of 6th October 2020.

PX prices have drifted down in Rotterdam and US Gulf owing to the soft demand trends in the region.

The company started turnaround at the plant on October 1, 2020.

The company has plans to start turnaround at the unit this week.

The company is likely to halt operations at the units by early-October, 2020.

The company is likely to start turnaround at the unit on October 20, 2020.

PTA manufacturing capacity of Hengli will climb to around 16.6 million tons a year, making the refiner the China top manufacturer leaving behind the present market giant Yisheng Petrochemical.

Asian styrene prices are likely to be range bound this week, tracking upstream crude oil and benzene values amid the week-long holiday in China.

Asian purified terephthalic acid spot discussions are expected to remain limited with Chinese trade participants away from the market until Oct.8.

Asia's monoethylene glycol prices