News & Bulletin Updates

8A detailed coverage of petrochemical prices are carried here
8Here is our multi-grade, multi-city price list for petrochemicals

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Base oil imports in India are always around Mumbai
8Know more on the shipments coming up ahead

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We are seeing a total of 7.12 million of crude oil lined up at Indian ports
8This means there is no real slowdown in offtake in India due to surging COVID
8Will lower offtake come with a lag effect?

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8The order book for LNG fuelled vessels continues to find new recruits, as owners see the immediate benefits of utilizing the fuel
8But this trend may not last too long

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8After holding the price the line for a long time, what forced IFFCO to capitulate with an announcement of  a sharp increase in MRP of complexes

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8One Rock Phos shipment is coming up on 15 April 2021
8One Sulphuric acid shipment is coming up on 8 April 2021
8One Phos acid shipment is coming up on 14 April 2021
8One Ammonia shipment is coming up on 7 April 2021

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8Belarus Potash has raised it's prices in a potash supply contract with India signed earlier this year

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8This can spurt dramatic changes

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8The rating reflects that Rama Phosphates Limited will continue to benefit from extensive experience of the promoters in the fertilisers and chemicals segments

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Urea (Granular) and Captive Power Unit Expansion Project
8Cost - Rs 700 crore
SSP/NPK Greenfield Project
8Cost - Rs 70 crore

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Looking at the current scenario, international offers for Indian ports, buying momentum and other price governing factors, it seems that Indian producers are unlikely to announce any major price revisions.

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PVC resins or granules prices are reported to have remained stable in the domestic market.

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On April 8, 2021, ABS(SHF50) prices were assessed lower in the Delhi market.

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Ethyl acetate prices have increased in the Chennai market.

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On April 8, 2021 chloroform prices moved higher in Delhi.

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Acetone prices have drifted down in the imported market of Chennai.

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Demand in PET granules is likely to improve more as summer sets in.

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2EHA prices moved higher today in the Delhi chemical market.

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A producer from the Middle East is heard to have offered its HDPE in Sri Lanka.

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The international crude oil price of Indian Basket was quoted at around $60.93 per barrel on April 8, 2021.

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A revision in butyl acetate prices has been announced at Kandla.

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On April 8, 2021, caustic soda flakes prices moved down in the domestic market of Delhi.

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The Delhi chemical market, on April 8, 2021 witnessed a rise in ethanol prices.

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Styrene Monomer prices have drifted down in the imported market of Kolkata.

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C9 Solvent prices have escalated in the Delhi market, today.

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