ABS (IM17A) prices have registered a sharp rise in the polymer market of Delhi

This week saw domestic PET prices lowered by Reliance Industries Ltd.

On June 12, 2021, the purchase trend for EVA increased in major domestic polymer hubs.

Trading sources have reported a rise in ABS (SHF50) prices in Delhi

On June 12, 2021, C9 Solvent prices were quoted higher in the Mumbai market.

On June 12, 2021, BGE prices increased at Kandla port.

Hexane prices have been revised at Kandla.

Prices for octanol were quoted lower in the Kandla market today.

A revision in toluene prices has been announced at Hazira.

On June 12, 2021, the Mumbai market witnessed a rise in PTA prices.

A revision in MDC prices has been announced at JNPT.

A revision in chloroform has been announced at Dahej.

Caustic soda lye prices have been raised in Mumbai.

On June 12 , 2021, trading sources reported a fall in ethyl acetate prices in the domestic market of Mumbai.

Acetic acid (imported repack) prices have drifted down in the Mumbai market. 

PET resin prices has been revised by Dhunseri Petrochem Ltd.

RIL announces a revision in PET resin prices.

8The “Draft Amendment to Taiwan's New and Existing Chemical Substances Registration Regulation” may have some implications for Indian companies
8Here is where you can find out more

8It is doubling its chemical production and tripling its fertilizer output
8And it has a big investment target, a part of which it has already spent

8It looks like in IOC's Panipat expansion, the management is looking for lesser than larger number of EPCM consultant bidding
8And EIL is actively looking for jobs

RIL's ethane imports from the US are becoming more expensive
8Prices have shot up. almost doubled, over the last one year
8Clearly, it looks like using gas out of its own KG Basin fields at a lower ceiling price in its crackers is a cheaper option than any other feedstock
8While there is a loss in gas sales, it makes up some of it by using this gas for its own consumption. No wonder therefore the company is so keen to corner as much gas as possible after the affiliate company non-use clause was scrapped

8Strapped for cash after buying out NRL and investing in the expensive but militancy ridden Mozambique LNG project where Total is the operator, Oil India Ltd is trying to tie up with a partner for its OALP commitments
Find out more

There is a proposal suggesting that India can produce an impossible 24 million tonnes per annum of sustainable aviation turbine fuel, far more than ever targeted before
8But the suggested use of new technology seems very futuristic and the targets are, to put it mildly, bombastic, but there are interested parties pushing this proposal as India has a massive target of ferrying 100 million passengers annually, creating an unprecedented level of carbon emission
8The 24 million tonnes per annum target has laid down a rough game plan

There is a comprehensive argument being made that because of delay in the start-up of fertilizer plants, GAIL may have to sell a significant number of cargoes at spot LNG
8Last year it lost money doing do, will this year be different
8Spot prices have gone up so GAIL is expected to make money, it seems
8Also, GAIL is commissioning 94 msmcmd of pipeline capacity between December, 2021 and March 2023 (get the details here)

8Our chemical import tracker shows 76 lakh tonnes of assorted chemicals headed towards Indian ports
8Get the full looking-ahead import matrix here