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Sep 30, 2021: Daily import matrices

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8Daily Chemicals 
8Daily Crude
8Daily LNG
8Daily Ammonia
8Daily LPG
8All tankers
8Bulk and dry cargoes
8Port updates

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8The website carries here a weekly outlook on ethyl acetate prices
8Find out what our analysts are saying about how prices will behave ahead

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8Reliance Industries Ltd raises domestic prices of PE grades

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8RIL announces a steep hike in PVC resin prices
8Find out which grades have been revised

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8Find out our weekly analysis, price charts and projections on benzene price movements for the coming week

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8Chiripal announces PET resin prices
8Find out the revised rates

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8PET resin prices are announced by Dhunseri Petrochem Ltd
8New prices are effective from October 1, 2021

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8Reliance Industries Ltd announces revision in PET resin prices
8Find out by how much

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On September 30, 2021, acrylonitrile prices moved higher in the Ahmedabad market.

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A drop in VAM prices was noticed today, at Hazira. 

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On September 30, 2021, Petrochem sources reported a sharp fall in DMF prices in the Mumbai market.

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Butyl Acetate prices have been revised at Hazira.

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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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A significant fall in butyl cellosolve prices was noticed in Kandla today.

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

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Ethylene prices have been reported to be unchanged for South Korea, NE Asia, South East  Asia, India, Japan, NW Europe, and the US Gulf due to steady demand patterns in the region. 

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On September 30, 2021 Naphtha prices registered a downward movement in Japan while moving up in NW Europe owing to fluctuation in the markets.

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The international crude oil price of Indian Basket was quoted at around $77.65 per barrel on September 30, 2021.

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Megha Engineering and Infrastructure Ltd knows where to draw the line on the sand
8After an unprecedented winning streak, the company is no longer bidding for every project in the downstream sector
8It has decided to pick and choose its next battles

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With gas prices sky-high, is this the right time to get into long-term contracts?
8China has just done a 15-year deal for LNG
8Clearly, while earlier, everyone wanted to be indexed to gas hub prices, the pendulum has swung 360 degrees, and now everyone is looking at indexing LNG to crude. But any indexation now will be at a higher slope than any time in the past. So should you wait and watch? What if you have some quantities you have to necessarily purchase because beyond a point demand destruction is not the option?
8One thing is for sure, there does not seem to be any middle ground

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8ONGC is streamlining delay reportage in LSTK contracts
8Adequate systems were not in place earlier
(Note: The changes that are being brought about are because we now have a man who understands finance at the helm of ONGC and not a drilling or production engineer. The pain points and the levels where efficiencies can be garnered are better understood by this regime than a few others in the past)

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International tenders can be below Rs 200 crore also.
8Find out under what circumstances that can be so

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8Director marketing slot in NFL is vacant
8When is it getting filled up?

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Single Super Phosphate Greenfield Project
8Cost - Rs 10 crore
8Project Event: Still, evaluation is ongoing for environmental clearance, it is likely to be granted in October 2021. A new committee has been formed for the project, the tender for a contractor is likely to be released in November 2021.
Phosphoric Acid Greenfield Project

8Cost - Rs 10 crore
8Project Event: The proposal has been accepted by SEAC and the proposal for the environmental clearance is submitted to MOEF in June 2018. Still waiting for the clearance. RFQ for the local contractor is likely to be released in Q3 FY 2021.

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