A fall in ABS (HI121H) IM prices in the Mumbai polymer market was noted today

On August 13, 2021  POM Imported prices moved higher in the Mumbai polymer market

Petrochem sources have reported a huge fall in imported polyurethane prices in the Ahmedabad market

A cut in ABS (MIF45) prices was noted in the Mumbai polymer market today

Imported POM prices in the Ahmedabad market remained stable in spite of demand being low

8An NPK supply tender is out

Ammonia-Urea Energy Saving Project
8Cost - Rs 250 crore
8Project Event: All the project activities are on hold due to lack of funds, Capital approval is still under process. It is likely to be elicited in Q3FY2021. RFQ for the LSTK contractor is likely to be released in Q3FY2021
SSP Expansion Project
8Cost - Rs 21 crore
8Project Event: The project is under environmental clearance. Public hearing is likely to be completed at the end of August 2021. The RFQ for the local contractor is likely to be released after environmental clearance, which is likely to be elicited in October 2021.

8Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Thursday reported 27.6 per cent drop in June quarter net profit at Rs 1,501.65 crore. The nation's second largest oil refiner and fuel marketing company had a net profit of Rs 2,076.17 crore in April-June 2020-21, the company said in a regulatory filing.

8State-owned Oil India Ltd on Thursday reported a more than three-fold jump in its first-quarter net profit on the back of a rise in crude oil prices. Consolidated net profit of Rs 1,214.65 crore in April-June was higher than Rs 377.63 crore profit a year back, according to the company's filing with the stock exchanges.

8Indian Auto LPG Coalition (IAC) has called for the immediate implementation of a policy to boost the adoption of auto LPG in the country.

8Rising demand for oil abruptly reversed course in July and is set to proceed more slowly for the rest of the year due to the spread of the COVID-19 Delta variant, the International Energy Agency said on Thursday.

On August 13, 2021, the Kandla market witnessed a rise in methylpropanediol prices.

8OPEC on Thursday stuck to its prediction of a strong recovery in world oil demand in 2021 and further growth next year, despite concerns about the spread of the Delta coronavirus variant that has weighed on prices.

A fall in imported ethyl acrylate prices was reported by our Delhi Petrochem sources.

8Exuding confidence that the targets for the proposed strategic sales would be achieved, Finance Minister Nirmala Sitharaman said on Thursday that the government is undertaking all the "necessary rigorous" work to complete the planned privatisation processes by the end of this financial year.

Tight supply coupled with high demand has raised aniline prices in the Delhi market. 

On August 13, 2021, acrylonitrile  prices fell sharply in the Ahmedabad market.

A significant decline in cyclohexanone prices was recorded today in Delhi.

Cyclohexane prices are slowly increasing in the Ahmedabad market.

Petrochem sources in Delhi have reported a rise in PAN prices.

Benzene prices have been revised at vizag.

Dibutyl phthalate prices are quoted higher in the Kolkata market, today.

Prices for styrene monomer have been announced at Hazira, today.

A small lift in demand is noted in the chloroform market of Dahej.

A rise in demand has raised ethyl-acetate prices at Ex-Satyam.