News & Bulletin Updates

8The chairman of India's Hindustan Petroleum Corp Ltd, Mukesh Surana, said the current 'high' crude oil prices could lead to demand destruction in the long run.

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8India, the world’s third-largest energy consumer, on Wednesday warned that high oil prices will undermine global economic recovery, and nudged Saudi Arabia and other OPEC nations to work towards affordable and reliable supplies.

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8India has told major oil producing nations, in no uncertain terms, that high prevailing oil prices were unsustainable and lowering of energy prices was the only option to speed up post-pandemic recovery.

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8Sri Lanka has received the first consignment of 3.1 million litres high quality non-harmful Nano Nitrogen liquid fertilizer from India to help the island nation’s Eastern province in the cultivation of maize and paddy, country’s Agriculture Secretary Prof Udith Jayasinghe said on Wednesday.

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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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8We are doubling our chemical coverage
8The following chemicals are included: Liquid chlorine, Liquid alkali, Heavy soda ash, light soda ash, Diluted nitric acid, Hydrogen peroxide, Acid Ester, different kinds of Chloride, different forms of Polyurethane, low molecular weight polymer, feedstock for coatings as well as ethylene oxide and downstream, as well additional plasticizers, alcohols, methanol and downstream, aromatics, ethylene oxide and downstream

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8In rubber we have begun giving prices for NBR, butyl rubber, BIIR, CIIR, EPDM, isoprene rubber, chloroprene rubber, fluorine rubber, SBR, PBR, SBS, SEBS, precipitated silica, silane coupling agent, fumed silica, standard rubber, RSS ribbed smoked sheet rubber, compound rubber, carbon black, rubber accelerator, and antioxidant
8The coverage involve about 50 grades
8Markets covered are Delhi, Mumbai and Ahmedabad

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8We are providing daily prices of fibres of different grades for major cities in India
8Prices are given for DTY, FDY, POY, Polyester chips, PET, polyester industrial yarn, PA-6, nylon yarn (POY, DTY, FDY), nylon tyre cord, spandex, pure polyester yarn, spun rayon, reactive dyes, disperse dyes, viscose filament, polypropylene
8And we are expanding our coverage to around at least 80 different grades going ahead

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8We are providing around 30 different grades of plastic films, segregated into BOPET, BOPA, CPP, BOPP and PE
8The daily price coverage is for major cities in the country

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8The website carries here our weekly outlook for styrene monomer
8Find out how prices are going to behave ahead

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Oct 21, 2021: VAM plunges in Mumbai

A huge fall in VAM prices in the imported market of Mumbai was noted on October 21, 2021.

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Petrochem sources in Kandla have reported a huge lift in isobutanol prices. 

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Octanol prices in Hazira have fallen sharply.

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MP Diol prices registered a fall in the imported market of Kandla. 

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On October 21, 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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On October 21, 2021 the international crude oil price of Indian Basket was quoted at around $83.18 per barrel on October 21, 2021. 

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On October 21, 2021, Petrochem sources confirmed that formaldehyde prices have slipped in the Chennai market.

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VAM prices witnessed a fall in the Ahmedabad market. 

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Ethyl Acetate prices have moved lower in the Chennai market. 

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Acetonitrile prices witnessed a huge fall in the Ahmedabad market.

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On October 21, 2021, the Kolkata market witnessed a fall in dibutyl phthalate prices.

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On October 21, 2021 the Kandla market saw a rise in MMA prices.

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On October 21, 2021, methanol prices were assessed lower in Mumbai.

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A fall in acetone prices in the domestic market of Mumbai was noted on October 21, 2021.

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