News & Bulletin Updates

Nylon Yarn FDY prices were assessed higher in the Mumbai market today.

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A hike in adipic acid prices was recorded in Delhi today.

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The price of fumed silica Cab-O-Sil M-5-G has been increased in Delhi.

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Regular butyl rubber grade 1675N prices were quoted higher today in the Delhi market.

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On February 1, 2022, 2-EH prices witnessed a sharp fall in the Delhi domestic market. 

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Triethanolamine prices have improved in the Ahmedabad chemical market.

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TCE prices are falling in the Mumbai chemical market.

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Steady buying has lifted VAM prices in the imported market of Kandla. 

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Acetonitrile prices registered a sharp fall in the imported market of Mumbai. 

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Octanol prices have risen at Hazira.

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On February 1, 2022, Petrochem sources confirmed that acetone prices have fallen in the Mumbai market.

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High benzene prices were recorded at Vizag today.

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Feb 01, 2022: NBA at lower rates

Prices for NBA are reduced at Hazira.

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On Feb 1, 2022, Petrochem sources reported a fall in phenol prices in the Kandla market.

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An elevated trend is noticed in VAM prices these days.

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Jan 31, 2022: Daily import matrices

We are proud to put together an extensive looking ahead import database for energy products
So what we have for today are import matrices for
8
Chemicals
8LNG

8Crude
8Fertilizers
8Ammonia
8LPG
8All tankers
8All bulk and dry cargoes
8Port updates

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A revision in PET resin prices has been announced by Chiripal.

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Find out more on what kind of changes RIL has made to its price list.

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PET resin prices have been raised by JBF Industries Ltd.

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The fiscal support given to the economy as well as to the health response caused the fiscal deficit and government debt to rise in 2020-21.
8However, a strong rebound in government revenues in 2021-22 has meant that the Government will comfortably meet its targets for the year while maintaining the support, and ramping up capital expenditure
8The strong revival in revenues (revenue receipts were up over 67 per cent YoY in April-November 2021) means that the Government has fiscal space to provide additional support if necessary
8This is good news for all segments, as well as for the chemical and petrochemical sector, which according to data in the Survey shows a slow down in Q3 2021
8This is what the Economic Survey, 2022 has to say

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8The budget will be out tomorrow
8Get to know from people you can trust on what the budget will hold for the chemical sector

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82021 has been a difficult year for some reasonable sized chemical players in India
Input costs would continue to increase in Q4FY22 and feedstock and logistics costs will also remain high
8Prices will be hiked to pass on inputs cost rise (international players are also implementing price hikes)
8However, a rise in indirect costs in the form of energy/logistic would not be fully passed on to end customers and thus margin in percentage terms would see improvement when inflationary pressure recedes

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8This Indian company expects to launch new high-performance pigments
8Most of the products would be replacing European products

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8Here is a monthly summary that is sent to all members of the cabinet from the ministry of chemicals and petrohemicals

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8America’s largest plastic recycler will use Honeywell's Advanced Plastics Recycling Technology

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