News & Bulletin Updates

8The expected rise in trade deficit to about $20 billion this month, along with high crude oil prices, will weaken the Indian rupee further during the upcoming week.

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8After a long break, European terminals started to receive large quantities of vessels only in recent months, which among other things eased the supply/demand situation. But Asia’s imports slowed down just for a while, and with colder weather approaching, the region’s players should hunt for cargoes with renewed vigour.

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8Oil prices slipped on Tuesday as a rebound in COVID-19 cases in Europe raised concerns over demand amid expectation that supply will rise, while some in the market still fear the United States may release crude reserves to stop a rally in gasoline prices.

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Octanol prices registered a sharp fall in the imported market of Kandla. 

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A revision in NBA prices has been announced at Hazira.

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Nov 16, 2021: MEG lower in Mumbai

MEG prices witnessed a fall in the Mumbai market today.

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Petrochem sources in Kandla have reported a rise in Mp diol prices.

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Market sources reported an increase in DEG prices in Hazira today.

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MMA prices witnessed a fall in the Mumbai market today.

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A revision in benzene prices has been announced at Vizag.

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Acetic acid prices witnessed a significant fall in the Mumbai market.

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On November 16, 2021, trading sources reported a fall in isobutanol prices in the Kandla chemical market.

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MEK prices were quoted higher in the Mumbai market, today.

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C9 Solvent prices in Mumbai were assessed lower on November 16, 2021.

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2EHA prices climbed higher in the Kandla market today.

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On November 16, 2021 Petrochem sources reported a fall in methanol prices in the Mumbai market.

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On November 16, 2021, the Hazira market witnessed a rise in butyl acrylate monomer prices.

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A huge rise in acrylonitrile prices was seen in Mumbai today.

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Nov 15, 2021: EVA prices move up

8EVA prices on an upward trajectory in India
8This is mostly on account of firm raw material prices

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The Indian chemical sector has a high import dependency.
8Get a list of 17 key chemicals where the dependency is more than 60 per cent
8Due to the power crisis in China and resultant rationing of power for industrial sector, the Indian chemical industry has been impacted in the near term
8Margins are under quite a bit of pressure for Indian companies as a result
8High freight costs have also resulted in higher cost for several imported chemicals
8Find out a very exhaustive analysis of these factors 

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8There is a big virtual conference coming up of the Indian petrochemical sector
8And there is a lot of foreign speakers including:
8Sergey Denisov, chief development officer, Nayara Energy
8Chuck Venezia, VP, Argus Media
8Partha P Maitra, President Strategy & Initiatives, RIL
8And there several interesting sessions, with one on Benzene downstream development in India - styrene, phenol and polycarbonates

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8Germany has one of the world's best expertise on waste water management
8And under a new initiatives, the Germans have prepared a A Guide for Decision Makers in Industrial Wastewater Management in India
8This makes for interesting reading

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830 inter-disciplinary researcher are being put together in a new initiative to tackle plastics waste

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8Is Indonesia your export destination
8Or are you importing from Indonesia
8In this case, here is a conference you should attend

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8Viscose Stable Fibre manufacturer, Grasim Industries, has a market cap of $16 billion
8And it has nearly Rs 1000 crore of capex spent in the second half of this year left

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