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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.

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

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

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

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

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

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

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

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Oct 31, 2018: SM monthly Synopsis

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

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

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

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

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

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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

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

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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

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

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

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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.

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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.

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

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

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

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Various Petrochemical plant status report in October 2018.

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

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