News & Bulletin Updates

Cyclohexane (imported intact) prices were assessed lower in the Kolkata market today.

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On June 18, 2021, trading sources witnessed a rise in aniline prices.

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On June 18 , 2021, trading sources reported a fall in methylpropanediol prices in Kandla.

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DEG prices have been revised at Hazira.

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Formaldehyde prices are slowly increasing in the Mumbai market.

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A revision in chloroform has been announced at Dahej.

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JNPT records a rise in aniline prices.

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8Some big technology and EPC awards have hit the news yesterday
8Saudi Arabia has given an award for a $1.9 billion petrochemical job
8Then again, Sulzer Chemtech and Axens alliance delivers an advanced FCC naphtha processing solution

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8Plastic waste floating on oceans: Someone has now done a deal to sell recycled plastics from it
8Know more about it

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8Plastic recycling is now the new mantra
8The material is in short supply in the west and there is a lot of activity around recycling

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892 lakh tonnes of chemical imports are getting tracked
8And we are here to give a forward looking chemical import matrix

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BPCL's Kochi refinery has as many as three vessels waiting to berth.
8There seems to be a temporary stoppage of unloading of vessels

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The origin ports for LNG vessels to India as of the moment are limited to
8Ras Laffan
8Cove Point
8Sabine Pass
8Bonny
8Lake Charges
8Soyo
8Ingleside
There are a total of 18 cargoes coming in 

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On June 16, 2021 naphtha prices have moved up in Japan and Europe on account of positive buying trends in the respective countries.

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The international crude oil price of Indian Basket was quoted at around $73.18 per barrel on June 17, 2021.

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On June 17, 2021, cyclohexane prices were assessed lower in Ahmedabad.

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On June 17, 2021 the Mumbai market recorded a fall in Butyl acetate prices.

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8Bids were submitted for two LNG tanks, each with a capacity of 170,000 cubic meters earlier this week
8Who were the bidders?

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8ONGC wants to convert some of its diesel-powered rigs into CNG powered ones

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This oil and company has lined up Rs 460 crore of purchases from SMEs.
8If you are an SME, find out whether you are a supplier of the list of reserved goods outlined by the company

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What is the latest update on the 14-vessel tender of ONGC?
8It has been quite sometime now since bids were submitted, and the validity period is over
8ONGC is also on the lookout for more

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8Bids were submitted for two LNG tanks, each with a capacity of 170,000 cubic meters earlier this week
8Who were the bidders?

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On June 17, 2021, Petrochem sources confirmed that Acetonitrile prices had slipped in the Kolkata port.

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The average landed price in May for LNG was closer to $10/mmbtu, high for India.
8India usually pays the highest LNG price, but this time around, prices were higher in China and Japan

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Rs 10,000 crore urea-cum-captive power plant
8The promoters claim that they continue to be very keen, and COVID had other exigencies impacted work, and it will all start again in Q-2, 2021
8Let hope that is true
Then we also have a 15 crore SSP/GSSP greenfield project
8They will need a contractor in July, 2021

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