In a bid to control terror fundings through petrochemical sales the US has sanctioned 11 companies for alleged selling and shipping of Iranian petrochemicals.

US methanol prices are expected to remain unchanged this week, as logistical issues transporting methanol in Louisiana in the aftermath of Hurricane Laura are slowly resolved.

The company halted operations at the unit on September 8, 2020.

As of 15th September 2020, the dollar opened at Rs 73.37 which is up from the previous days close.

As of 15th September 2020, a major International producer resumed Production at high-density polyethylene (HDPE) plant.

Reports of tight regional product avails supported the price rise of Ethylene in Asia.

The company halted operations at the cracker for maintenance on September 14, 2020.

According to our analysts Methanol basic price has been increased by Rs 1/Kgs.

As of 15th September 2020, MEG prices have picked up in the International Market.

As of 15th September 2020, PX prices have drifted down in Korea, SE Asia and Rotterdam  owing to the soft demand trends in the region.

As of 15th September 2020, Toluene prices picked up in the International markets on the back of strong demand trends in the region.

The company halted operations at the unit on September 8, 2020.

The company is likely to shut the plant by mid-September, 2020.

The company undertook an unplanned outage at its plant on September 14, 2020.

As of Sep 14th, 2020, Crude oil prices went down for Indian Basket, OPEC, North-West Europe While the prices decreased in the US Gulf on Monday.

Propylene prices have increased slightly in Japan while remaining steady in Asia, some parts of Europe and US Gulf countries on account of stable demand trends in the respective countries.

As of 14th September 2020, Ethylene markets have been fluctuating with prices going up in Japan and South Korea while on the other hand, it went down in the US Gulf.

Indian chemical market traders have confirmed as of 12th September 2020 that the price of chemicals has increased in the Mumbai/Kandla market.

GSFC announces price revision for Cyclohexane as of 14th September 2020.

Kandla has announced a price revision for PG as of 14th September 2020.

Aegis has announced a price revision for IPA as of 14th September 2020.

As of 14th September 2020 in Vizag the price of Benzene for the domestic market has gone down.

GUJARAT STATE FERTILIZER & CHEMICALS LIMITEDGNFC Group has announced a revision in its Acetic Acid prices,

As of 14th September 2020, Methanol price picked up in the International markets on the back of strong demand trends in the region.

Our analysts have reported that PX prices have drifted down in the US Gulf owing to the soft demand trends in the region.