Our analysts have reported that the price of some chemicals have dropped down in the Chennai market because International prices are down and also because bookings are falling.

A Mumbai market trader has confirmed as of 20th August 2020 that the price of Ethyl Acetate has increased in the Indian market. 

As of  20th August 2020, Methanol price picks up in China/SE Asia  markets on the back of strong demand trends in the region.

As of 20th August 2020, Benzene prices were seen dropping in India, Japan and South Korea.

As informed by our analysts, Acetone prices climbed in China and SE Asia amid reports of limited product availability and strong demand trends in the region.

The company is likely to shut the plant for maintenance by mid-October, 2020 as per our analysts.

As of 20th August 2020, the company has planned to halt operations at the plant by early-October, 2020.

As of 20th August 2020, PTA prices were unchanged in the Asia Market.

As of 20th August 2020, SM prices have dropped down in the Asia Market. According to our analysts SM prices have recorded a downward moving trend for the Asian market.

On Wednesday, propylene prices edged higher in Asia amid reports of limited product availability in the region, further supported the price gain.

As of 20th August 2020, a domestic industry source informed us about domestic price revisions of PVC announced by Reliance Industries Limited (RIL).

Despite higher upstream costs, Ethylene prices remain unchanged for Asia on Thursday as informed by our analysts.

As of 20th August 2020, major International producer has shut its PP plant following an outage

As of 20th August 2020, Indian producers RIL, HPL and IOCL have announced price protection for PP and PE.

As of 19th August 2020, our analysts have informed us that a purified terephthalic acid (PTA) producing International company is likely to resume operations at the unit on August 18, 2020

As of 19th August 2020, SM prices have dropped in the Asia Market as informed by our analysts

As of 19th August 2020, our analysts have informed us that a Monoethylene Glycol Chinese producer is in plans to restart  the company to resume operations at the unit

As of 19th August 2020, MEG prices have picked up in the Asia Market.

As of 19th August 2020, PTA prices have picked up in the Asia Market

As of 19th August 2020, Indian Rupee opened at $74.81 as informed by our analyst.

As of 18th August 2020, our analysts have informed us that a major Chinese producer is in plans to restart its Acrylic acid.

As of 18th August 2020, our analysts have informed us that a major international producer has shut its No.3 cracker on August 11, 2020, for a maintenance turnaround.

As of 18th August 2020, our analysts have informed us that RIL Chem Ltd Purified Terephthalic Acid Plant has restarted production following maintenance work.

As of 18th August 2020, MEG prices have picked in the Asia Market.

As of 18th August 2020, PTA prices have been reported to have remained unchanged in the Asia Market.