A fall in spandex prices was registered in the Ahmedabad market today.

Prices of rPP injection molding (polythene scrap) have come down in Mumbai.

Today, EPDM 3072 prices registered a rise in Mumbai.

Prices of NBR Grade KNB35LM have increased in the Delhi market.

On January 28, 2022 Petrochem sources reported that prices for epichlorohydrin had remained unchanged.

On January 28,2022  an increase in mancozeb 75% prices was registered in the Delhi chemical market.

A cut in carbendazim  50% prices was registered  today in the Delhi  market.

On January 28, 2022 a significant fall in the sodium hexametaphosphate prices was registered in Ahmedabad.

On January 28, 2022, the Ahmedabad market witnessed a rise in VAM prices.

Butyl Acetate prices at Kandla port have fallen sharply. 

MEK prices are quoted higher in the Mumbai market, today.

On January 28, 2022, the Mumbai market witnessed a rise in acetic acid prices.

8We are providing daily prices of metals of different grades for major cities in India
8Multiple grades, different metal products and different markets

The website has put together a 25 member team of analysts to collect daily steel prices.
Prices are given for:
8Iron Ore (Fine iron powder, pellets)
8Hot rolled coil (Checkered steel coil, pickled steel coil)
8Structural steel (Structural steel alloy, geat steel)
8Round bar steel (Ordinary carbon round bar)
8Scrap steel (Scrap iron and steel)
8Hot rolled coil (Hot rolled steel coil, hot rolled flat sheet
8Tool and mold steel (11Die steel)
8Industrial wire (Cold heading steel)
8Plate steel (Silicon steel, boiler vessel plate, galvanized steel strip, cold rolled strip, cold rolled base material)
8Stainless steel (Stainless steel sheet, stainless steel pipe, stainless steel strip, stainless section steel, stainless steel scrap)
8Construction steel (Deformed steel bar, wire rod)
8Plate Steel (Colour-coated sheet)
Prices are given for over 500 grades spread over these products, and prices are given for Delhi, Mumbai and Ahmedabad

With more than one hundred and fifty countries expressing support for starting negotiations on a global agreement on plastic pollution following the next meeting of the United Nations Environmental Assembly (UNEA 5.2) in 2022, focus has shifted towards the consideration of what such an agreement may entail
8We have put together a whole of information on what could be the basis of such a global agreement
8And every plastic manufacturer must be aware of what is to come in the future, so the he is prepared for it

8Supreme Industries (SIL) is India’s leading plastic processing company with a presence in four major segments including piping systems, packaging products, industrial products and consumer product category
8It is also a market leader in PVC pipe industry with a value market share of 14%
8Here is a full analysis of why the future is bright

8Leveraging on its competencies in manufacturing advanced lithium-based salts, Neogen Chemicals Ltd (NCL) has announced the establishment of a 250-MT electrolyte formulation capacity
8This is a great direction to go to capitalize on the opportunities that lie in lithium-ion batteries and Advanced Chemistry Cell (ACC)  manufacturing
8What is more, a ramp-up in the capacity utilisation of the recently-tripled organic chemicals facility at Dahej will fuel near-term growth

8Philippine petrochemical producer JG Summit is expected by market participants to now start up its new 250,000 t/yr high-density polyethylene (HDPE) unit at Batangas in mid-2022, a delay from an earlier target of this year's first quarter

8Asahi Kasei has announced that its 100 per cent subsidiary, Tongsuh Petrochemical Corp. Ltd (TSPC), has acquired the widely recognised international certification ISCC PLUS for its acrylonitrile (AN) as a sustainable product
8Production of AN using biomass propylene is scheduled to begin in February 2022

8SABIC, a global leader in the chemical industry, has introduced LNP ELCRIN EXL7414B copolymer, the company’s first bio-based polycarbonate (PC) copolymer to help advance the consumer electronics industry’s net zero carbon emissions goals

8The fight between plastic producers and advocacy groups are now coming to a head in the US
8And data is being thrown around by both sides, in what is a battle for eyeballs of the policy makers
8Can we expect a similar backlash in India?

Cetex Petrochemicals Ltd is the sole producer of MEK and SBA in India with a combined installed capacity to manufacture 22,000 MTPA and 1,000 MTPA of MIBC.
8But it faces stiff competition from imports
8So the going is not all that easy

8High and volatile polymer prices, bad weather, and general destocking by dealers have lead to a slowdown in key segments of the end product market, including PVC pipes and packaging products
8Know more about the churning that is going on through the eyes of one of the big downstream manufacturer in India

8The chemical industry in India is a major sector manufacturing around 80,000 products, and employing ~2 million people. The sector size is estimated to be around $178 billion in FY19, of which specialty chemical is estimated to be around $32 billion
8So what is the sector expecting from the Union Budget?

8A new global quality-assured trading platform for plastic feedstock will work to enable buyers and sellers to efficiently trade recycled plastic with trust and confidence
8Scheduled to open for trading in mid-2022, Rebound Plastic Exchange will introduce globally recognized standards, certification, insurance, and quality assurance into the supply chain
8At least that is what the company claims