News & Bulletin Updates

On August 04, 2021 the Mumbai polymer market saw a rise in ABS (HI121H) IM prices

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A rise in methanol prices was seen in Mumbai today.

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Tight supply coupled with high demand has raised IPA prices in the Kandla market. 

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 Butyl acrylate monomer prices have moved higher today in the imported market of Kandla. 

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On August 4, 2021, trading sources reported a fall in MMA prices in the Mumbai chemical market.

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Petrochem sources have reported a huge fall in acetonitrile prices in the Mumbai market.

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New benzene prices have been announced at Vizag.

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VAM prices have been revised at Hazira.

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Ethyl acetate prices have been revised at Ex-Ashok.

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On August 4, 2021, acetic acid prices moved down in the domestic market of Mumbai.

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MIBK prices have moved lower in the Kandla market.

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MEK prices have moved higher in the Mumbai market.

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On August 4, 2021, trading sources reported a fall in C9 Solvent prices in the Mumbai chemical market.

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8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

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8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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8Adani is likely to take on Ambani in the petrochemical segment
8And a mother of all battles may well be ahead

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8Are you exporting to the UK, and are you facing any problems
8Here is an appropriate forum where you can express your views

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8COVID 19 outbreaks in China, though much lower than India, invites stronger quarantine methods, invites much stronger measures
8And commodity prices are getting hit

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Aug 03, 2021: Outlook ahead

Get the outlook ahead for
8Naphtha
8Toluene
8MTBE
8Isomer MX
8Ethanol

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Looks like EIL had got the pricing wrong for the EPCM for the polypropylene and catalytic dewaxing units for the Panipat refinery
8It came last in the bidding for the contract
8Clearly, the engineering major has high overheads, but it will have to trim down its costs and its pricing to grab consultancy contracts

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8There was a high price differential between bidders for the crucial EPCM for the overall project management of capacity expansion of the Panipat refinery from 15Mmtpa to 25Mmtpa
8Toyo came last, and its price was almost twice as high as that of the L-1 bidder

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 8Find out why L&T stands the best chance of grabbing the RFP for two additional tanks for PLL’s Dahej LNG terminal

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An NCR based company has bagged the propylene and LPG mounded bullets project for Rs 499 crore for the Gujarat refinery
8It was a three-way fight

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Indian Oil Corporation wants to diversify away from just being a traditional supplier of petrol and diesel to other relevant alternatives.
8Find out which companies responded to a proposal

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8Onshore regasification terminals are being replaced by FSRUs at an increasing rate. Around 30 per cent of new terminals are now being developed with FSRUs, mainly the smaller capacity units up to five mtpa. For these projects, an FSRU can often be developed faster, at a lower cost, and with lower capital intensity using a leased vessel
8The same trend is emerging for floating gas-fired power generation plants, where the same benefits are now possible. Leased power barges and power ships are now available on the market up to 500 MW, and
 in the future, this could grow to 1 GW capacity

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