8Two shipments of LNG totalling 307k cbm was unladen on the 22nd
8One 155k cbm shipment was received by Gail
8Petronet LNG was the receiver of the other 152k cbm consignment

It is unusual but RIL is bringing in as many as three ethane cargoes in quick succession through dedicated vessels
8Each vessel carries 46,000 tonnes of ethane. Either these vessel shipments were delayed and lumped together because it unusual to have three cargoes mapped for arrival in our database
8RIL had switched to ethane as it was a cheaper feedstock but prices had been going up sharply now
8Eventually, feedstock prices, like water, get to even out over different feedstocks

8We are currently tracking around 1.18 million tonnes of fertilizer imports
8And this is as of today's evening data
8And these are coming in from all over the world

8We have tabulated a total of 104 chemical shipments coming up the next week
8A few have already unloaded their cargoes
8No one gives you information like we do

8Kandla is the biggest handler of chemical cargoes
8Currently around 1.68 tonnes of cargoes are getting processed or are about to be processed

8JNPT port will see an assorted range of chemicals coming in over the next few days
8And these will include: VAM, CBFS, toluene among others

8Trident Chempar is bringing in 3000 tonnes of methanol
8The cargo will unload at Vizag

8Thirumalai Chemicals is to receive 10000 tonnes of ortho xylene
8The cargo is expected to land on July 27

8BASF India is importing two butyl acrylate cargoes
8One is coming from Jebel Ali and the other from Singapore

8A cargo of VAM is coming in
8Payal Polyplast is importing it from Singapore

8A C10 N paraffin is expected at Hazira
8Find out the arrival date

8The government is examining yet another proposal to see whether other PSU oil promoters of Petronet LNG (PLL) and Indraprastha Gas Ltd. (IGL) could participate in the mandatory open offer to shareholders of these entities triggered post-privatisation of Bharat Petroleum Corporation Ltd (BPCL).

8The cabinet has approved the proposal to allow 100 per cent foreign direct investment in state-run refineries in which a strategic stake sale is announced, officials said. 

8Expressing deep concern over rising fuel prices and the Centre's move to end subsidy on LPG cylinders, Rajasthan Chief Minister Ashok Gehlot has written a letter to Prime Minister Narendra Modi seeking immediate relief for people suffering from inflation. Gehlot said the Centre had started the Ujjwala Yojana to provide clean fuel to the below poverty line (BPL) families, but due to the increase in the price of LPG, this scheme is proving to be unsuccessful.

8The Boeing 767 banked over the Red Sea, turning east into Saudi Arabia.

8The oil market's supply and demand dynamics point to a slow grind higher in prices over the next few months, Barclays said on Thursday, as it raised its 2021 oil price forecasts by $3-5 per barrel.

JBF Industries Ltd raises PET resin prices,

The JKM monthly price for August delivery into northeast Asia rose 18.6% month on month to an average of $12.972/MMBtu.
8In comparison, the August JKM assessment in 2020 was at $2.164/MMBtu, which was close to the historical low of $2.063/MMBtu for the July 2020 average
8Vessel higher rates are high
8And Henry Hub prices are sizzling too, making shipment out of there into India more expensive
8Quite a change

A revision in PET resin prices has been announced by Dhunseri Petrochem Ltd.

8KBR announced that it has been awarded a technology contract for two nitric acid plant expansion projects.
8Know more

RIL has announced a revision in PET resin prices.

8Webinar for young professionals in the fertilizer industry

8There is a tender out for supply of natural gas

Urea Revamp Project
8Cost - Rs 700 crore
8Project Event: The Pre-Qualification for the LSTK contractor has been out and the discussion is still ongoing, It is likely to be finalized in August 2021 in place of June 2021.
SSP/NPK Greenfield Project
8Cost - Rs 70 crore
8Project Event: Still, the feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance in September in place of June 2021 due to the second wave of Covid. RFQ for the contractor is likely to be released after the clearance.

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