News & Bulletin Updates

On September 7, 2021, the Hazira market witnessed a rise in butyl acrylate monomer prices.

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Petrochem sources in Mumbai have reported a huge rise in acrylonitrile prices. 

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A fall in acetic acid prices in the domestic market of Mumbai was noted on September 8, 2021.

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8The anti-plastic lobby is getting more strident with every passing day
8One study forwarded by it says that the life time cost -- when the environment cost is fully worked out -- of plastics produced globally in 2019 for example equals to $3.7 trillion, more than the GDP of all of India
8What is more, many consequences are not fully understood yet

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8Chemical Industries Consulting Bureau was formed to provide consultancy services to chemical industries. In 1979, it was incorporated as a private limited company, CICB-ChemiconPvt. Ltd. The company primarily manufactures engineering goods, including compressors, heat exchangers, pressure vessels, air and gas dryers and provides complete turnkey solutions from installation of the product to after-sale services
8Even though times are tough, the company is enjoying a better rating than before

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Sep 07, 2021: Market outlook

Get the weekly Asian outlook for
8Naphtha
8MTBE
8Toluene
8Isomer-MX
8Ethanol
8Benzene
8Recycled PE

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8Dhanuka Agritech is part of the Delhi-based Dhanuka Group. It is involved in the formulation and marketing of agro-chemicals like insecticides, pesticides, herbicides
8The company's outlook goes a notch higher

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8Change in importer country's laws can have a huge impact on the Indian exporter
8Here is one country which has just introduced a new electronic system for pre-registration of shipment information

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8PI Industries has incorporated a subsidiary PI Health Services Ltd
8And the subsidiary has ambitious plans

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8CIL Nova Petrochemicals Ltd's top line shrunk during COVID but its bottom-line improved

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8The fertilizer industry had a good year, even under COVID
8Get a full low down on the industry here

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India imports a wide variety of chemicals
8From paraxylene to acetic acid to benzene to butadiene to methanol to sulphuric acid to hexane to base oil to caustic soda to styrene monomer to ethanol
8And as of today evening we are tracking 1.05 million MT of chemical imports

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8Our website carries a daily port operation status and crew change update

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8Get the daily dry bulk line up report for all imports
8Portwise data is carried here

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8Here is a daily update on tankers that are bringing in assorted chemicals into India
8Data is available on nearly a 100 shipments

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8Know more about the total weekly imports of fertilizers, in an easy-to-refer format

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8Our website carries the latest Ammonia imports as of today evening
8Find the ports where the shipments will be delivered

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8Large quantities of LPG coming into India
8Get the latest LPG shipments into the country spread over the next few days

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On September 7, 2021 Naphtha prices were registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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8About 5.54 million tonnes of crude is expected to come in over the next few days
8RIL has lined up roughly 2.13 MMTPA of crude imports into India in the coming days

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PVC prices in the international market remain unaffected, with prices remaining unchanged.

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As of September 7, 2021 Butadiene (BD) prices have been reported to be steady in South Korea, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

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The international crude oil price of Indian Basket was quoted at around $70.54 per barrel on September 7, 2021. 

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On September 7, 2021, formaldehyde prices increased in the Kolkata market. 

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There have been some changes in the LNG import schedule
8For reasons not known yet, one cargo at Mundra had to be diverted to Dahej
8More interestingly, one entire cargo out of Cove Point was cancelled

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