News & Bulletin Updates

On May 25, 2021, PAN prices were quoted higher in the Mumbai market.

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8The Indian chemicals industry accounted for 7% of the GDP and contributed 4% to the total FDI equity inflows and ~8% to the country’s exports
8The industry is highly diversified, covering >80,000 products and 
employing more than 2 million people
8The chemical industry is expected to contribute US$ 300 billion to India’s GDP by 2025
Know more on what is ahead with this industry

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8“UN TIR Carnet” facilitates seamless movement of goods by road or multimodal across international borders without any additional checks under the TIR procedure as defined by the United Nations TIR Convention
Find out more on how it works and how to use the facility

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Single use plastics is not a cause of much controversy the world over
8Find out more on the pros and cons of single use plastics
8And what is the way forward

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8June will perhaps see an increase in PE prices

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8Clariant Chemicals puts up a good financial show for the year
8The pandemic notwithstanding, the company showed resilience

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8Polymer Composites Filled with Metal Derivatives: A Review of Flame Retardants

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Urea imports will continue in earnest for some more time to come
8This is because work on new ammonia-urea plants have got delayed
8They were meant to be completed by about now but looks like they will get extended till next year as offsite and work meant to be done directly by the promoters are lagging behind

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One theory behind higher chemical industry profitability is that the Chinese government has been focusing on reducing pollution which has lead to closure of 80,000 Chinese chemical companies
8This has reportedly giving a fillip to Indian chemical manufacturers profitability

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After interacting with various traders and market sources, Petrochem analysts have noted that the demand for PVC in the domestic market has gone up.

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On May 24, 2021 Petrochem analysts reported buying activities in the polymer market of Delhi.

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On May 24, 2021, HDPE blow moulding prices were assessed lower in Mumbai.

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8Butadiene is suddenly quite lucrative as the spread against naphtha is at a five week high
8How long will this spread be high

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Chemical imports ahead at the Haldia port are coming from
8Port Allen
88Sohar
8Al Jubail
8Malaysia
8Saudi Arabia
8Singapore

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8Get full LNG import data here
8What shipments are coming in, who is bringing them in
8Vessel name and the dates ahead when they are coming

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As of today, we are tracking 6.3 million tonnes of crude coming into India in the next week or so.
8The crude is coming in from an assortment of terminals from around the world

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8We are currently tracking around 9 lakh tonnes of fertilizer imports
8And this is as of today evening data

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8A huge cargo of CBFS is expected to land at Hazira
8Find out what is the cargo strength and who the importer is

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8Advanced Biochemical is shipping in a cargo of epichlorohydrin
8And it is coming from Ma Ta Phut

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8A chemical cargo is jointly imported by Chemplast and Asian Paints
8The cargo coming from Al Jubail is berthing at Cochin

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8INEOS ships in a cargo on behalf of a client
8Find out who the client is

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8FACT off-loads a cargo of phosphoric acid
8The 11000 tonne cargo was sourced from Safi

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8A three-company combine methanol cargo has just off-loaded
8Vizag was the landing port

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8KLJ Resources is bringing in a shipment of alphaplua C-20/24
8It is expected to land at Mundra today

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8IVL Dhunseri is importing a shipment of MEG
8It is expected to land tomorrow

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