The rupee on Wednesday opened 22 paise down at 73.90 against the US dollar amid steady capital outflows and strengthening dollar against major rivals overseas.

Located at Yulin in Shaanxi province of China, Yanzhou Coal Yulin Nenghua Co has restarted a methanol plant following a maintenance turnaround.

Located at Qinghai province of China, Qinghai Guilu Chemical has undertaken an emergency shutdown at its methanol plant early this week.

The price of Methanol has Increased in Indian markets. Most of the major domestic manufacturers have increased their basic prices for Methanol.

Octanol prices have remained stable in the major chemical markets in India, This month the demand for MIBK in Indian markets has been moderate.

Japenese oil refiner Idemitsu Kosan Co is in the midst of replacing some of the naphtha cracking furnaces at its 687,000 tonnes/year

State-owned China Petroleum and Chemical Corp or Sinopec's 12 million mt/year (240,000 b/d) Fujian Refining and Chemical 

LG Chem had undertaken a planned shutdown at its Naphtha cracker in Yeosu, South Korea. The company has shut the cracker on

Styrene Monomer (SM) prices in the domestic market were assessed slightly down in Indian major markets this month due to a decline 

Jiangsu Sanfangxiang Group Co. Ltd., China has offered Polyethylene Terephthalate (PET) (JADE Brand) to India for shipment in

Kuwait's EQUATE Petrochemical Company is on track to take a planned shutdown in early 2019 at its styrene monomer (SM) unit, 

Brent and WTI crude went down on Tuesday as investors remained concerned over falling global equity markets. Prices fell as sharp

Butadiene prices drifted steeply lower in NW Europe on Tuesday. The continuous price drop was triggered by bearish buying sentiments

In the international market on 30th October 2018, the price of phenol was going up due to fluctuations in the supply of the material amid

On Tuesday, In the international market, the price of acetone was going down due to fluctuations in the supply of the material and

In South East Asia, caustic soda price found no change on Oct 30, with the price at $419/MT on CFR basis on steady demand. In North East

On Tuesday, Methanol prices in International level remained stable at last close. Demand trends were reported as dull in the region.

Acrylonitrile (ACN) prices stayed steady in the International market due to unchanged demand on 30th October 2018. In FE Asia - USD 2135 CFR

CFR China of MEG was assessed flat at the USD 795/mt levels while CFR South East Asia prices of MEG were also assessed steady at the USD 810/mt levels.

Spot MX prices in the US inched higher on Tuesday. Reports of a lift in buying sentiments supported the price rise in the US market.

Propylene prices went down in South Korea, NW Europe, China, and US Gulf on October 30, 2018. Prices  in South Korea were

Benzene prices adjusted downwards in the International market on Tuesday. Prices dropped on the back of weaker upstream energy 

Ethylene prices in Asia and Europe have been sustaining their downturn since the second half of August amid ample supply and

Various Petrochemical plant status report in October 2018.

Located at Zhenjiang in Jiangsu province, China, Jiangsu Sopo Chemical is likely to restart an acetic acid plant following a maintenance turnaround.