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Base Oil Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Base Oil Market For the Quarter Ending September 2020 Asia Base Oil demand was stagnant due to weaker automobile growth in the North east and South East Asian countries.
As the downstream automotive sector continued to perform lackluster, overall demand in Asia remained stagnant under gloomy economic conditions. North America Despite reduced refinery run rate, light viscosity Group I oil supply was sufficient for the contract customers. Europe Following severe drop in the demand in Q2, amidst stalling automotive industry, a substantial recovery in the product demand was observed at the beginning of Q3. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. Services Methodology Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Base Oil market. About. Ammonium Sulphate (AS) Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Ammonium Sulphate Market For the Quarter Ending September 2020 Asia A rebound in Caprolactam price in northeast Asia eased the prices for Ammonium Sulphate in the region during the third quarter.
Pent-up demand from the downstream fertilizer industry during the pandemic led to a substantial increase in the spot buyers. North America Majority of Ammonium Sulphate produced in North America produces Caprolactam as a by-product. Europe The restart of export-oriented plants in Russia and Ukraine saw a burst of sales activity in the Black Sea for late October and early November loadings. Acetone Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Acetone Market For the Quarter Ending September 2020 Asia Market fundamentals of Asia Acetone Market remained stalled, pressurized by supply overhang due to massive capacity additions from China’s Zhejiang Petrochemicals.
However, the equipment failure in the new plant in early September provided huge relief as traders who earlier held back procurement under hopes for further plunge in the prices, rushed to fulfill their inventory requirements as per the consumption pattern. Europe The European Acetone market was struck by supply shortage on maintenance turnarounds from Domo Caproleuna and Seqen followed by limited imports from US and Asia. Polybutadiene Rubber (PBR) Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Polybutadiene Rubber (PBR) Market For the Quarter Ending December 2020 Asia-Pacific (APAC) Price of Polybutadiene Rubber (PBR) in the Asian market surged amid tight feedstock supplies in H1 of Q4, meanwhile later in the quarter, upstream supplies were heard easing to an optimum level.
An unexpected shutdown at China’s Sinopec Zhongke’s new 120 KTPA Butadiene unit created hindrance in the raw material availability. Europe. Polymer Market Prices, News, Market and Analysis. Petrochemicals Prices, News, Supply and Demand. Non Woven Fabric Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Non-Woven Fabric Market For the Quarter Ending December 2020 Asia The Asian Non-Woven fabric market remained strongly supported by raised sentiments due to active restocking by the producers of protective clothing, masks and other preventative products.
Prices in Southeast Asia surged during the quarter, following the trend of the feedstock Polypropylene (PP) which rose to an eight-month high during the October month. North America The American Non-Woven Fabric market witnessed strong Q-o-Q growth due to tight product availability from several Asian economies especially China. Europe.
Viscose Filament Yarn (VFY) Prices, News, Market & Analysis. Fatty Alcohol Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Fatty Alcohol Market For the Quarter Ending September 2020 Asia Fatty Alcohol market remained largely subdued in the beginning of the third quarter, but trades and discussions were heard picking up towards the end of Q3.
The market participants looked anxious over volatility and escalation in price of the key feedstock palm oil. Butyl Acetate Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Butyl Acetate Market For the Quarter Ending December 2020 Asia A combination of factors pushed up the Butyl Acetate pricing curve during the second half of Q4 2020.
Propylene Oxide (PO) Prices, News, Demand & Supply. Market Overview Quarterly Update on Global Propylene Oxide Market For the Quarter Ending September 2020 Asia Producers were heard re-examining their spot and contractual sales amidst the astonishing drop in overall Propylene Oxide supplies due to scheduled maintenance and upcoming turnarounds at several manufacturing facilities.
Sturdy demand for Polyols also directed some of the integrated PO producers to adhere a shift to Polyol production rather than selling Propylene Oxide directly. North America. Acrylic Acid Market Prices, Price, Pricing, News. The global Acrylic Acid demand stood at 8.3 million tonnes in 2019 and is projected to grow at a CAGR of 5.96% in the forecast period 2021-2030.
The demand for acrylic acid is witnessed to take on the upward trend in the past few years globally on account increasing demand for multiple applications in various end-user industries. Increasing in the overall consumption of Acrylic Acid for the manufacturing of acrylate esters was observed which is used for various applications such as paints & coatings industry, textiles, plastics, and adhesives widely. This is largely driven by the growth observed in the construction sector and new infrastructure projects globally which is propelling the overall acrylic acid market. In addition, increasing use of Butyl acrylates, holding the largest share in demand volume of acrylate esters mainly driven by coating application further spur the overall market. Polyols Prices, Market & Analysis. Market Overview Quarterly Update on Global Polyol Market For the Quarter Ending September 2020 Asia.
Vinyl Chloride Monomer (VCM) Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Vinyl Chloride Monomer Market For the Quarter Ending September 2020 Asia In Q3 2020, the demand for VCM edged up with strong PVC demand which witnessed a sharp uptick as most of the countries announced a gradual lift in restrictions over the construction activities imposed during Q1 and Q2. India and other South Asian countries started importing and manufacturing VCM to meet the growing demand of PVC resin from the downstream construction and manufacturing sectors.
Poly Methyl Methacrylate (PMMA) Prices, Market & Analysis. Market Overview Quarterly Update on Global Polymethyl methacrylate (PMMA) Market For the Quarter Ending September 2020 Asia The Chinese PMMA market was seen turning bullish as a combined effect of tight regional supply, firmer feedstock and improved sentiments in the domestic market.
Supply of feedstock MMA remained exceptionally tight in lieu of a prolonged turnaround period in Asia starting from August, which is anticipated to last till November. North America. Propylene Prices, News, Market & Analysis. Market Overview Quarterly Update on Global Propylene Market For the Quarter Ending September 2020 Asia Propylene supply across Asia was observed getting tighter by the end of the Q3 with price discussions gradually picking up particularly in northeast Asia. Various planned and unplanned outages affected the functioning of fluid catalytic cracking (FCC) and steam cracking Naphtha units in Japan. Glycol Ether Prices, Market & Analysis. Market Overview Quarterly Update on Global Glycol Ethers Market For the Quarter Ending September 2020 Asia With several producers reducing their operating rates and a few of them imposing a temporary turnaround, Glycol Ether supply considerably reduced in Q3.
Limited feedstock or sometimes poor margins compelled Butyl Glycol producers in China to opt for frequent temporary turnarounds. North America Demand for several grades of Glycol Ethers including butyl di-glycol, butyl glycol, and propylene glycol methyl ether witnessed an appreciable revival with gradual improvement in buying interest observed in the latter half of the quarter. Carbon Black Prices, Pricing, Market & Aanlysis. Pricing Overview Petrochemicals | Carbon Black Pricing Overview Market Overview. Styrene Prices, Price, Pricing, Market & Analysis. Vinyl Acetate Monomer (VAM) Prices, Market & Analysis. Indian Plastic Producers Urge Government Intervention to Survive the Exponential Rise in Feedstock Prices. Acknowledging the serious financial and operational damage to the plastic processing industry, the All India Plastics Manufacturers Association (AIPMA) has issued an appeal to the government alleging against the unprecedented hike in prices of several plastic feedstocks.
The association stressed the fact that subdued downstream demand has left no room for industries to take any positive revision in prices of final products. Aniline Price. Regional Comprehensive Economic Partnership (RCEP) Deal May Give a Strong Push to Polymer Trading Across Asia. On Sunday, 15 countries gathered to solidify their participation in Regional Comprehensive Economic Partnership (RCEP) by signing a free-trade agreement (FTA) to strengthen their trade ties and ensure easier availability of goods and services across the countries.
GAIL’s Net Profit Slips 8.5% in Q2, Petrochemicals Output Surpasses Q1 Levels. State-owned GAIL India has posted a consolidated net profit of INR 1,068.16 crore in the quarter ended September 2020, down by about 8.5% from INR 1,167.58 crore in the corresponding period last year. Overall turnover slipped by 23.7% to INR 14,104.80 crore owing to lower gas prices during the quarter. GAIL highlighted about 18% cent improvement in its physical performance by transporting natural gas, 9% in gas marketing, 10% in LPG transmission, 22% in petrochemical sales and 12% in Liquid Hydrocarbon Sales, compared to Q1FY21. Government Extends Anti-Dumping Duty on Carbon Black Imports from Russia and China. After a full-fledged investigation by the country’s quasi-judicial body, government of India released a notification on Monday, addressing the extension of anti-dumping duty on Carbon Black from China and Russia till December 31, 2020.
The anti-dumping probe on Carbon Black was first imposed on 18 November 2015, after the DGTR confirmed that heavy imports from following countries are causing material injury to the domestic market. Indian Polymer Makers Get a Festive Push Ahead of Diwali Season, Prices Soar for Almost Polypropylene & Polyethylene Grades. Firming demand and spike in consumer durables sales as the nation gets closer to the Diwali festival, has pushed up the Indian polymer offers since the first week of November.
Market players are eyeing to regain the momentum lost due to strict COVID-led lockdowns starting March this year by ramping up operations in their manufacturing units to leverage great benefits on the fresh demand pick-up. LG Chem and Neste Collaborate to Produce Bio-Based Polymer Resins. Finland based oil refining and marketing company Neste, Oyj has entered into a pact with the South Korean chemical giant LG Chem, aiming to produce the biopolymers and biochemicals globally. As per the pact, LG Chem will replace the fossil feedstocks used for manufacturing polymers and chemicals with ‘Neste Renewable Hydrocarbons’ in the near term, thereby lending its significant contribution towards transforming the world into a circular bioeconomy.
The partnership would enable the Korean chemical company to produce eco-friendly resins from Neste’s biomaterials, and hence would enable the company achieve its required sustainability standards. Shell to Undertake a Permanent Turnaround at its Convent Refinery After the Extended Delay in its Divestment. In line with the vision to transform into a low carbon future, Shell, a global oil and gas company, confirmed on Thursday that its planning to begin the procedure for a permanent turnaround at its Louisiana Refinery by mid of November. Meghmani Reveals Plans for Caustic Soda Capacity Expansion, Aims to Reduce India’s Chemical Dependency. BPCL Resumes Operations on Over 2118 Stalled Projects, a Game Changing Initiative for Future Growth. Asia Mixed Xylene Oversupply Continues to Stress Manufacturers Amid Market Uncertainties. Tata Chemicals Stock Price Rise for Three Consecutive Days, Margins from the Soda Ash Vertical Stepping Up in the Domestic Market.
Government Likely to Push Price Margins of Ethanol Bought by Oil Companies. Indian Government Extends Anti-Dumping Duty on Chinese and Korean Caustic Soda by 3 Months. NBR Sentiments Surge in India, Demand Rise and Feedstock Lend Support to the Pricing Curve. Shell to Acquire 50 per cent Stake in Nayara Energy’s Petrochemical Project worth 9 Billion USD. SRF Ltd. Soars Despite Pandemic Blows, Thanks to the Chemicals and Packaging Films Sector. Surge in Urea Shipments to India Drives the Global Demand, Turns Market Outlook Positive. Polyethylene Terephthalate (PET) Resin Imports from China May Face Anti-Dumping Duty. India’s IPA and m-Xylene Maintain Price Hikes Buoyed by Prevailing Market Uncertainties.
India Ethylene Pricing. India Liquid Chlorine Pricing, Demand & Supply. Pyridine Pricing. India Naphtha Prices, Pricing, Demand and Supply. India Polyamide Prices. Propylene Glycol (PG) Prices. India Wastewater Treatment Chemicals Market Price. Liquified Petroleum Gas (LPG) Pricing. India Phthalic Anhydride (PAN) Price, Demand and Supply. India Methanol Market Price. Polybutylene Terephthalate (PBT) Production in India. India Titanium Dioxide (TiO2) Pricing, Demand & Supply. India Ethanol Pricing and Prices. Styrene Acrylonitrile (SAN) Prices in India. India Ethylene Vinyl Acetate (EVA) Market Pricing. India Linear Low-Density Polyethylene (LLDPE) Market Pricing and Prices. India Polypropylene (PP) Market Pricing, Prices and Analysis. India Polycarbonat (PC) Prices, Market Analysis. India Low-Density Polyethylene (LDPE) Market Pricing and Prices, Market Analysis.
India Poly Vinyl Chloride (PVC) Market Pricing and Price 2030. India High-Density Polyethylene (HDPE) Market Price and Pricing, News and Analysis 2030. India Polystyrene (PS) Market Pricing, News and Analysis 2030. India Metallocene linear low-density polyethylene (mLLDPE) Market Pricing, Supply and Demand 2030. India Methyl Ethyl Ketone (MEK) Market Pricing, Price, Market Analysis 2030. India Ethylene Oxide (EO) Market Pricing, Price, Demand and Supply 2030. India Diisopropyl Ether (DIPE) Market Pricing, Demand and Supply 2030. Cumene Price, Demand and Supply 2030. Benzene Pricing, Demand and Supply 2030. Methanol Price, Supply & Demand 2030. Iso Propyl Alcohol (IPA) Market Demand & Market report. Acetone Market Price, News & Analysis. Hydrogen Peroxide Price, Demand & Supply 2030.
BPCL Develops Game Changing Advancement to Test Crude Oil.