News & Bulletin Updates

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

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

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

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As of 18th August 2020, SM  prices have dropped in the International Market as informed by our analysts. PetroChina Lanzhou Petrochemical

Last week, despite weaker upstream benzene values, SM prices were assessed flat in the U.S.A. Buying sentiments were reported as stable in the region.

 

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As of July 18th 2020, DOP prices drift down significantly in China and FE Asia owing to lackluster demand trends in the region.

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As of 18th August 2020, Benzene prices pick up internationally due to high upstream energy values and improved buying sentiments in the region as informed by our analysts.

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OX prices have declined in Rotterdam owing to the soft demand trends in the region as informed by our analysts.

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Ethylene prices have been found to move down in South-East Asia, North-East Asia, Japan, South Korea and India owing to decreasing demand.

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Aug 17, 2020: Crude Oil Overview

As of Aug 17th, 2020 Crude oil prices went down for Indian Basket, North-West Europe and the US Gulf on Monday.

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After talking to various sources in the market our analysts have given a brief overview of the Delhi chemical market.

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As of 17th August 2020, Our analysts have informed us the company is likely to resume operations at the plant early this week.

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As of 13th August 2020, Indian Rupee opened at $74.87 as informed by our analyst.

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Today in the Delhi market  prices of some chemicals were reported to be stable due to excess stock according to our analysts.

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

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Our analysts after talking to a trader in Ahmedabad have reported that SM prices are down in the market because of less demand for the price of crude oil their import price gets down and international prices also become down.

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HOC has announced a price revision for Acetone as of 17th August 2020.

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GSFC has announced a price revision for Cyclohexane as of 17th August 2020.

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GNFC has announced a price revision for  Ethyl Acetate as of 17th August 2020.

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After talking to various sources in the market our analysts have given a brief overview of the Ahmedabad chemical market.

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NW Europe witnessed a sharp decline of Acetone prices on 17th August 2020 as informed by our analysts.

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As of 17th August 2020, MEG prices have seen a gradual rise in the international market on the back of improved buying sentiments in the region.

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OX prices climbed in South Korea and SE Asia amid reports of limited product availability and strong demand trends which have together pushed prices high across the region.

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As of 17th August 2020, major international producer has shut its maleic anhydride due to maintenance

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As per our analysts The company is likely to halt operations at the unit in early-September, 2020.

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As of 17th August 2020 Toluene prices have been reported to have dropped in the International Market.

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