News & Bulletin Updates

8There is a urea tender currently ongoing

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May 20, 2021: DAP subsidy raised

8The government has hiked the subsidy on DAP
8The announcement came straight from the PMO

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8International fertilizer firm PhosAgro has announced its consolidated IFRS financial results for 1Q21

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Kalol Urea Expansion Project
8Cost - Rs 52 crore
Single Super Phosphate Expansion Project
8Cost - Rs 20 crore

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On May 20, 2021, polystyrene (SC206) prices moved down in the domestic market of Delhi.

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On May 20, 2021, imported acrylic prices were assessed lower in the Mumbai market.

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ABS (HI121H) imported prices have drifted down in the Ahmedabad polymer market.

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The Kolkata chemical market saw a rise in MEG prices today.

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Naphtha prices have drifted down in Japan and Europe owing to sluggish demand trends in the region.

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A Middle Eastern producer is heard to have offered its LDPE in China.

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The international crude oil price of Indian Basket was quoted at around $66.18 per barrel on May 20, 2021.

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A producer from South Asia offers its PP in China.

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A Taiwanese producer is heard to have offered its HDPE in China.

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A producer from South Korean offers its LDPE in China.

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A producer from Saudi Arabia is heard to have offered its PE in China.

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A Thai producer offers HDPE and LLDPE in China.

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GAIL announces fresh PE prices.

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A reduction in PP prices has been announced by MRPL.

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On May 20, 2021, ortho-xylene prices registered a fall in the imported market of Kolkata.

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On May 20, 2021, acetone prices were assessed higher in the imported market of Kolkata.

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Kolkata Petrochem sources reported a rise in n-butanol prices.

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On May 20, 2021 Petrochem sources in Mumbai reported a fall in MIBK prices.

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A reduction in caustic soda lye prices has been announced at Meghmani.

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On May 20, 2021, Petrochem sources reported a sharp fall in aniline prices in Mumbai.

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A revision in butyl acetate prices has been announced at Hazira.

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