News & Bulletin Updates

The company halted operations at the unit on October 7, 2020.

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As of 12th October 2020, Coal India Ltd has invited global bids for a coal to methanol plant at Sonapur near Asansol. The others will be set up in Chhattisgarh, Maharashtra and Jharkhand.

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Major Chinese producer has undertake a planned shutdown at its polyethylene terephthalate plant in Haining.

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The company resumed operations at the plant early this week.

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The price of Acrylonitrile has been increased by Rs 0.25/kg with the new basic price of  Methanol at Rs 22.50/kg.

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GSFC  has announced a price revision for Cyclohexane.

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The price of PTA has been cut by Rs 0.30/kg with the new basic price of PTA pegged atRs 43.80/kg.

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RIL has increased their prices by Rs 2/kg, with the new basic price of MX being Rs 42/kg

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

 

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MEG prices picked up in the iInternational market.

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The company halted operations at the unit on October 7, 2020.

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The company resumed operations at the plant on October 9, 2020.

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The company resumed operations at the unit on October 8, 2020.

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India's most-consumed intermediate methanol has now plateaued at nearly 80%-85%

 

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India imported a higher volume of toluene in June and July compared with 2019

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Mostly used in paints and coatings, MX saw an upswing mid-September onward as the monsoons withdrew and the festive season stepped in.

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The company halted operations at the plant in end-September, 2020.

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After the increase last week ethylene prices were assessed flat in Asia this week.

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Shandong Shenchi Chemical has taken off-stream its propylene unit for unplanned maintenance.

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Chemplast Sanmar has restarted its Cuddalore's Polyvinyl Chloride (PVC) unit following a planned outage.

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0.8 million tonnes of assorted chemicals are slated to come into Indian ports over the next few weeks
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Oct 09, 2020: Crude prices up

The international crude oil price of Indian Basket was quoted at around $41.56 per barrel on Oct 09th, 2020.

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PVC prices in the International market remain unaffected, with prices remaining unchanged.

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Naphtha prices have moved up in Japan and Europe on account of positive buying trends in their respective countries.

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Various market traders have confirmed as of 9th October 2020

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