POM (imported) prices are slowly increasing in the Delhi market

The international crude oil price of Indian Basket was quoted at around $73.15 per barrel on June 23, 2021.

On June 23, 2021 naphtha prices were registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

Hazira registers a change in styrene monomer prices.

A revision in chloroform has been announced at Dahej.

On June 23, 2021, DBP prices were quoted higher in the Chennai market. 

Caustic soda lye prices have been revised at Dahej.

Low acetonitrile prices have been reported in the Ahmedabad market.

On June 23, 2021, Petrochem sources confirmed that BAM prices have slipped in the Kandla Port.

A revision in toluene prices has been announced at Kandla.

A cut in 2EHA prices has been noted in Kandla today.

New benzene prices have been announced at Vizag.

Hazira records a fall in IPA prices.

Market sources have reported a fall in Mumbai’s caustic soda lye prices today.

On June 23, 2021, MEG prices were quoted higher in the Mumbai market. 

An increase in benzene prices have been noted in Mumbai.

C9 solvent prices are slowly increasing in the Mumbai market.

Aniline prices have increased in Mumbai.

On June 23, 2021, Petrochem sources reported a fall in cyclohexane prices in the Mumbai market.

Acetonitrile prices have moved sharply higher in the Mumbai market.

We see a rather thin line-up of LNG cargoes headed for India.
8Shell Hazira terminal has two cargoes lined up
8Dahej has its usual share
8And there is one in Ennore

Around 6.8 MMT of crude cargoes are lined up for deliveries in India
8This possibly shows a well-oiled movement system into India, as refinery rates have gone up following the lifting of lockdown
8Paradip has three vessels on wait, Kochi has two

8LNG prices shot up to $12/mmbtu
8This could mean gas based crackers will have to pay more
8Expect higher ethylene prices and higher down the road petrochemical prices

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