News & Bulletin Updates

8Gujarat Alkalies and Chemicals Ltd's Q3 profits were lower than that of the previous year
8Lockdown and aftermath has hit the caustic soda industry adversely
But things will look up from here on

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8A Production Linked Incentive (PLI) Scheme for Pharmaceuticals for the current year has been announced

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Some product prices are scaling new highs, particularly in China.
8The Asian Methyl Methacrylate (MMA) CFR China marker hit the highest on Feb.23, 2021
8Then again, China PTA futures hit a new one-year high.
8The market is going nowhere but up, it seems

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High chemical and petrochemical prices may have dented imports
8The volumes we are tracking now are lower than the usual levels

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86.29 million tonnes of crude imports coming up

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The cargoes currently lined up at PLL are originating from:
8Soyo (three cargoes)
8Ras Laffan (four cargoes)
8Sabine Pass

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The current importers of fertilizers into India are:
8Kribhco
8Iffco
8IPL
8RCF
8Jyoti Biz House Pvt Ltd
8Indorama
8Paradeep Phosphates

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Gas production projections decade wise up to 2050 in relation to other Asian countries have come in
8India's production relatively stays within a very narrow band

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Here is a sample gas e-bidding document
8This is now a standard document
8Just in case you have not seen one
Also, get a sample GSA that RIL is signing up with new customers

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8The deal for the purchase of Konkan LNG and the sale of GAIL's shares in Ratanagiri Gas and Power Pvt Ltd is all done

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Sulphuric Acid/DAP/NPK/Ammonium Sulphate Expansion Project     
8Cost - Rs 550 crore
EPC contractor RFQ in May, 2021
SSP Expansion Project 
  
8Cost - Rs 21 crore
8Project Event: The project is under environmental clearance, RFQ for the local contractor is likely to be released after environmental clearance, which is likely to be elicited in Q2 2021

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8Here is a rather enticing argument being put forward for an investor wanting to buy up BPCL
8Everyone stands to benefit, including shareholders, the argument goes

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8More gas is getting sold through the open bidding process

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8This large refining company's management structure is in a total mess
Find out why

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8One Rock Phos shipment is coming up on 14 March 2021
8One Phos acid shipment is coming up on 25 Feb 2021
8One Urea shipment is coming up on 26 Feb 2021
8One Ammonia shipment is coming up on 2 March 2021

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8A Chinese group awards ultra-low energy grass-root ammonia-urea plant

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8Rama Phosphates begins commercial production of new sulphuric acid plant

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830,000 tonnes NPK import

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8Key public sector fertilizer companies sometime last year went through a rating downgrade
8Amends have been made since then
8Find out why that is so

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8The prices are gathered from a cross section of the industry including producers, traders and distributors
8Get the full list here, of all petrochemical prices as of today

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8Our website carries the latest chemical prices

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8The complete price matrix of the today's Mumbai chemical market

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8We have the complete bulk prices of Mumbai chemical market as of today

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After taking into account various inputs from different market executives, our Petrochem analysts have reported buying trends of the Delhi polymer market as of today.

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Petrochem analysts have reported moderate buying trends in the Hyderabad polymer market.

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