Asia's monoethylene glycol prices would most likely be stable this week as markets in China

Far East Asia acrylonitrile prices are likely to be further supported this week as buyers across Asia are facing increasingly tighter spot supply.

The company resumed operations at the plant in early-October, 2020.

The company is likely to halt operations for maintenance at the unit on October 10, 2020.

Celanese Corporation resumed operations at the Vinyl acetate monomer unit in end-September, 2020.

India is heavily dependent on chemical imports.
We are carrying here data on a chemical import slate totalling up to 1 million tonnes

As of 6th October 2020 on monday Acetonitrile prices have declined in the domestic market

As of 6th October 2020 Acetic Acid price picked up in India on the back of strong demand trends in the region coupled with high saturation in the market.

LyondellBasell and Sasol today announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50 percent of Sasol’s 1.5 MM ton ethane cracker, 0.9 MM ton low and linear low-density polyethylene plants, and associated infrastructure for a total consideration of US$2 Billion.

Despite bearish upstream costs, propylene prices were assessed flat in Asia on Monday.

CFR Far East Asia EDC prices were assessed at the USD 315/mt levels, while CFR South East Asia EDC prices were assessed at the USD 345/mt levels, both up USD 5/mt from the previous week.

As of 6th October 2020, the dollar opened at Rs 73.16 which is up from the previous days close.

As of 5th October Kandla has announced price revision for Methanol.

As of 5th October 2020, SM prices have declined in the Asian market owing to the soft demand trends.

As of 5th October 2020, PX prices have drifted down in Rotterdam owing to the soft demand trends in the region.

Last week, despite high upstream costs, benzene prices dropped down in the International market.

The company is likely to halt operations at the unit on October 20, 2020.

The company halted operations at the unit for maintenance on September 8, 2020.

The company halted operations at the plant for maintenance in early-September, 2020

A Saudi Arabian producer SABIC has offered its LDPE film grade at the USD 1160/mt levels.

SABIC has offered its PP raffia and injection grades at the USD 1030/mt levels,

A Saudi Arabian producer SABIC has announced its offers for HDPE BM/caps & closure grades at the USD 1020/mt levels

Buying trends in markets like Korea and China remain quiet, owing to the on-going National Day holidays in the region.

The International producer restarts its polypropylene (PP) unit following a turnaround.

On Friday, open spec naphtha bid prices for the first half of November were assessed lower from the previous close.