News & Bulletin Updates

Phenol prices have continuously increased from this month  indicating a shortage of supply with a good demand.

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Reports of improved regional demand trends and stronger isomers have resulted in toluene prices picking up in India.

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The company is scheduled to start a turnaround at the plant by the first week of November 2020.

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Methanol prices picked up in some international markets on the back of strong demand trends.

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The company is expected to halt operations at the plant by early-November, 2020.

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OX prices picked up in the Asian market. This price rise was triggered by stronger demand trends in the region.

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The company has planned to start turnaround at the units in early-November, 2020.

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The company is likely to halt operations at the plant by early-November, 2020.

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Balaji Amines is planning to build a new methylamines plant in Solapur, Maharashtra, India

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Hanwha Solutions is likely to take off-stream a Polyvinyl Chloride (PVC) plant at Yeosu.

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Hanwha Solutions is planning to shut its Vinyl chloride monomer (VCM) plant at Ulsan.

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Stronger downstream ABS demand and pricing trends  supported the sharp price rise of butadiene in Asia.

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The company is likely to commence turnaround at the cracker by early-November, 2020.

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HPL announces price revision in polymer for the following grades, wef November 1, 2020.

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OPal announces price revision in polymer for the following grades, wef November 1, 2020.

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Indian Oil Corporation has announced price revision for polymer wef November 1, 2020.

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As predicted, major domestic producer Reliance Industries Limited has increased the rate of PE in the domestic market wef November 1, 2020

The price revision are:

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Oct 31, 2020: SPL hikes PS prices

Supreme Petrochemicals Limited (SPL) has raised polystyrene prices in the domestic market.

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Oct 31, 2020: RIL raises PP prices

Reliance Industries Limited has announced an increase in local PP prices wef November 1, 

2020.

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Oct 31, 2020: RIL raises PVC prices

Reliance Industries Limited has announced a hike in local PVC prices wef November 1, 2020.

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Major domestic producers have increased PET prices wef November 1, 2020.

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As of 31st October, 2020 IPA prices have declined in the Mumbai market owing to soft demand trends.

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As of 31st October, 2020 PTA prices tumbled in Asia this week.

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As of 31st October, 2020 Acrylonitrile prices slipped in the domestic market despite high upstreams costs.

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The international crude oil price of Indian Basket was quoted at around $39.07 per barrel on October 31st, 2020

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