Owing to technical issues, the company took its acetic acid plant off-stream on October 13, 2020

FOB Korea propylene prices

CFR South East Asia prices were down

At the end of strong demand trends methanol price picked up in China and Rotterdam.

Reports of improved regional demand  swings and stronger isomer

The company is likely to complete turnaround at its units by mid-October, 2020.

The company is likely to resume operations at its Deer Park plant by early-November, 2020 following a maintenance turnaround.

A major US producer plans to bring on-stream a methyl methacrylate (MMA) plant in Beaumont.

PTA prices were assessed flat in Asia

A major producer from Europe is heard to have offered Phenol at the USD 635-640/mt levels.

A major producer from South Korea is heard to have offered Phenol at the USD 675/mt levels.

The arrival of Hurricane Delta in the eastern part of Texas and Louisiana could result in  regional power outages causing additional production to remain offline.

The company is likely to start maintenance at the plant on October 20, 2020.

The company has brought on-stream its Polypropylene (PP) units following an unplanned outage.

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

The price of Methanol has been cut by Rs 0.75/kg.

PX prices have declined in the Korea/SE Asia owing to the soft demand trends.

Reports of improved regional demand trends and stronger isomer FOB Korea and CFR Japan and CFR China prices

A Chinese petrochemical producer is planning to take off-stream its No.1 Polypropylene (PP) unit in Zhoushan, Zhejiang

Major Thai producer has taken off-stream its ethylene vinyl acetate (EVA)/low density polyethylene (LDPE) plant.

Major International producer restarts its Polypropylene plant following a maintenance turnaround.

The company has undertaken an unplanned shutdown at the unit on October 11, 2020.

Despite high upstream costs, benzene prices slipped in the international market.

Sichuan Shengda Chemical is in plans to undertake a planned shutdown, at its purified terephthalic acid (PTA) unit in Nanchong.