On March 16th, 2020, naphtha prices declined significantly in Japan and Europe owing to lackluster demand trends in the region, sparked by the Coronavirus scare.

Para Xylene prices have decreased in the international market, due to soft buying trends and limited

Will the virus bring down the price or keep it stable?

Find out more from what you analysts have to say

As feedstock prices start going down, Indian polymer markets are at a standstill. It looks like the calm before the storm.

There has been a significant fall in the prices for almost all petrochemical and chemical products due to the outbreak of coronavirus across the globe. Know how prices are behaving as of now. 

South Korea based LG Chemical has halted operations at the plant on March 16, 2020, its Caustic Soda unit. Know more

As per the sources, the company has begun a turnaround at the unit on 13 march 2020. The unit will probably resume its production on 1 April 2020.

The company began maintenance at the plant on 13 March 2020. The plant is likely to remain offline

The company has already started operations at the plant on 13 February 2020. The plant was pulled

Toluene prices dropped in Asia. The price fell due to bearish upstream cues of crude and gasoline values

The company  has started maintenance at the plant in early march 2020. Find out when it will reopen.

Friday saw, N-Butanol price remain unchanged due to steady demand in the market.

Ortho-Xylene prices drifted down in the Asian market. Reports of sluggish regional demand

Benzene prices dropped in some international markets due to dull demand in the region. Click on Details

The price for Methanol was reported to be down in the international market due to  bearish buying interests in key market regions.

The coronavirus is having a negative impact on some chemical prices as well. Click on Details for more

While the coronavirus was expected to bring about a sharp fall in prices, counter cyclical logic seems to

It is not just ethylene prices, another prominent feedstock material, propylene, witnessed downward pressures Internationally. In India too, the movement has been southwards.

Ethylene prices have been reported to have moved significantly down South-East Asia, India, Japan, China, South Korea, and North-East Asia, on account of diminishing demand patterns in the respected countries. This will have a spillover impact going ahead on the end price.

Butadiene (BD) prices moved down in Europe on account of the impact on demand from the virus attack and a lower primary feedstock prices. Europe is now the epicenter of the attack

This means that eventually, as the primary feedstock prices plunge, it will have an add-on impact down the line on chemical and petrochemical prices

Find out more what the offer is

The offer price that has come in for March-April is US _______ per tonne. The delivery is Mundra Port, Pipavav Port or Nhava Sheva port.

Reliance Industries Limited (RIL) has announced a price revision for the deemed export grade of PP with immediate effect.

Find out what the revised price is

Indian Oil Corporation Limited (IOCL) has declared an incentive scheme high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE) with immediate effect.

JBF Industries Limited, Dhunseri Petrochem Ltd (DPL) and Chiripal Poly Films Limited have announced a downward price revision for Polyethylene Terephthalate (PET) bottle-grade prices with the effect from March 14, 2020.