News & Bulletin Updates

Purified Terephthalic Acid prices fell in India and Asia. Click on Details for more

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MEG prices were seen dropping in Asia due to dull demand in the region. A key manufacturer slashed prices as well. Click on Details for more

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A chunk of the fall in chemical and petrochemical prices will be eaten up by the fall in the value of the Rupee against the US dollar, it seems.

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Reliance Industries Limited (RIL) has announced a price revision for polypropylene (PP) and polyethylene (PE) grades with immediate effect. The earlier price protection was withdrawn and a new incentive plan launched.

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Mangalore Refinery Petrochemical Limited (MRPL) has reported an additional volume-based discount (A-VBD) of March 2020

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Gas Authority India Limited (GAIL) has withdrawn price protection and announced the latest incentive scheme for March 2020 dispatch covered under MOU with immediate effect

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Haldia Petrochemicals Limited (HPL) has announced an incentive scheme for March 2020 dispatch covered under MOU with immediate effect

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The company restarted the operation at the unit last week. The plant remained under maintenance

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

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Toluene prices went up in some segments of the international market.Click on Details for more

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Acetone have begun coming down sharply in the domestic market as compared to last week.Click

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On Tuesday, Purified Terephthalic Acid prices fell in Asia. Click on Details for more

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MEG prices were seen dropping in Asia due to dull demand in the region. Click on Details for more

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IPA and Propionic Alcohol are used in hand sanitizers, and prices are hitting new highs every day. Click on Details

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The current prices of crude oil in UAE OMAN have assessed to move upward for the DME category. The value has been found to lower to 

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The international crude oil price for Indian Basket has recorded down by $0.43/barrel. The current price is at $_______ per barrel (FOB) on March 17, 2020. 

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Finland's Neste Oyj, (Neste Oil Corporation) has planned to carry out a maintenance turnaround in Porvoo City.

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Goldman Sachs cut its oil figure on Tuesday as the COVID-19 episode keeps on compelling grounds.

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Gujarat State Fertilizers and Chemicals Ltd (GSFC) is likely to revise its ex-work price for polyamide 6/nylon 6 (PA6). Find out by how much,

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Butadiene (BD) prices have been reported to be steady in South Korea, China, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

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Naphtha prices have registered a downward movement in virus-hit Europe while moving up in Japan owing to fluctuation in the markets

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Propylene prices have decreased in South Korea, China, North-West Europe, and the US Gulf on account of dull demand trends and dramatically lower feedstock prices.

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Ethylene prices are now moving forcefully down South-East Asia, India, North-East Asia, and North-West Europe as crude oil prices crash.

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Now that plastic waste has become a menace, could bioplastics be the appropriate response?

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Nayara Energy, in the past Essar Oil, plans to set-up a 450 Kiloton Per Annum (KTPA) polypropylene (PP) plant at its Vadinar processing plant in Gujarat at an expense of Rs 6,100 crore.

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