Global Best Chemical & Petrochemicals Data Base, Chemical Prices

IPA Pricing Analysis Despite soaring demand and rise in international prices, the prices of IPA in India declined marginally after March 5 as an outcome of restrictions imposed by the government to prevail the availability of sanitizers at an affordable price. IPA has turned out to be the most preferred chemical commodity among its other alternatives due to its superior properties. Although the domestic prices currently lie between INR 69-72 per kg, IPA prices are anticipated to climb to INR 95-100 per Kg taking into consideration the surging demand in the domestic market. Moreover, with disruption in supply chain, profitability of the domestic manufacturers as the sole provider of the product is anticipated to witness a significant rise. Visit more info:  https://www.chemanalyst.com/NewsAndDeals/NewsHome •      Dow starts sanitizer production in Germany In order to fight against rising coronavirus cases in Germany, Dow has started a ha...

Polymer producers around the world are forced to curtail their production activities as the combined blow of Coronavirus and crude oil crash has hard hit the sector. Prices of Polyethylene and Polypropylene in the international markets have followed a downtrend as feedstock ethene, ethane and propylene witnessed downward pressure due to sudden slump in crude oil. The oil price war initiated by Saudi Arabia has brought a huge downturn in the oil industry which is anticipated to impact almost all the economy driving sectors of the world. When China is resuming factory operations, the unprecedented campaigns launched by the governments in rest of the countries to prevent the spread of the contagious virus have almost put a halt on the economic activities. Asian refiners are curtailing production sensing muted demand from the downstream polymer industry. Demand Outlook Demand for polymers being used in food packaging, healthcare products and sanitizers is high as consumpt...