News & Bulletin Updates

LG South Korea is heard to have offered its PVC in India.

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A revision in PP and PE prices has been announced by OPaL.

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Haldia Petrochemical Ltd announces a revision in PE and PP prices.

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8Get here our daily multi-grade, multi-city price list for petrochemicals

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8Catch here the daily chemical price movement as of today

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A revision in PVC prices has been announced by Reliance Industries Limited.

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8A total of 6.4 million tonnes of crude imports are getting tracked
8No major vessel waiting episode has been noticed in any of the crude terminals in India
8This points to higher utilization of vessels and perhaps to minimal unscheduled maintenance as of now in Indian refineries

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8The website also carries the matrix for fertilizer imports in the days ahead
8Know where the material is coming from and who is getting it to India

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8We are tracking 0.46 million tonnes of chemical imports as of the moment
8This is as of yesterday's data

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The Hazira port has got ships coming in over the next few days with the following shiploads:
8MEG
8Base Oil
8Toluene
8Exxal 95
8Butyl Acrylate
8VAM
8Styrene Monomer
And other assorted chemicals. In all it has 14 ships lining up

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8Kandla is the biggest handler of chemical cargoes
8Currently around 1.18 lakh tonnes of cargoes are getting processed or are about to be processed

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8The current cargo load at Dahej  is made up of  46000 tonnes of ethane
8And there is also some 5000 tonnes of acetic acid

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8A shipment of heavy white oil is expected today
8Find out the landing port

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8A joint cargo of IPA/Acetic Acid is expected tomorrow
82600 tonne is the cargo strength

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8A cargo of Exxal 95 is expected at Hazira
8It is being sourced from Singapore

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The surge in COVID rates is eventually hitting refineries
8It has been confirmed that one PSU refinery has reduced the run rate by 10% to 90%
8Others may well follow

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The scheduling of crude cargoes to Indian refineries takes place months or weeks in advance
8So the flow rates are secular until clear orders to given to hold or delay or streamline shipments
8As per our as of yesterday data, the total quantum of crude imports into India is at a high level, at 6.54 million tonnes, that is more or less normal flow, through it was higher a couple of days earlier
8But of interest now is that we are witnessing vessel waiting in some refineries
8Veseel waiting can be for various reasons, and not necessarily because of COVID related issues
8We will be watching this space, and as usual, we will keep you informed

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8EIL may soon have a new CMD selected
Sooner than was earlier expected

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What are the latest DAP deals in India
8Prices go steadily skywards
Find out the fresh lot of prices heer

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8Get the latest price and production updates for the Indian fertilizer sector here

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8Government invites bids to appoint merchant bankers for divestment in two fertilizer companies.

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8The website carries here a report on the Status and Prospects of Specialty Fertilizers in India

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Ramangundam is almost ready, it seems
8But Talcher is a long way off
Get the full report here

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Ammonia Brownfield Project
8Cost - Rs 250 crore
Sulphuric Acid/DAP/NPK/Ammonium Sulphate Expansion Project
8Cost - Rs 550  crore

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On April 14, 2021, the Delhi chemical market saw a rise in DMF prices.

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