8Haldia Petrochemicals Ltd (HPL), one of India’s largest petrochemical companies with a total production capacity of 700,000 tonnes, plans to set up three petrochemical complexes each in Kakinada (Andhra Pradesh), Balasore (Odisha) and Cuddalore (Tamil Nadu) at a total combined investment of $30 billion (~INR 220,250 crore), a news report said.

8There are reports of fertilizer shortage in India
8The ministry has called for an urgent meeting with the industry
8Know more

A new 10 MMTPA liquefaction plant is getting functional by the end of this year
8As it ramps up production, hopefully, it will be able to ease some of the LNG scarcity seen
Meanwhile JKM has reached the %28/mmbtu mark, an impossible rate, for anyone to do business in, get an analysis here

8The government is expanding the list of micro nutrients
8Here are the details

There has been a reshuffle in the agriculture ministry officials
8Also, a whole of new officers have been approved
8Some of it will be of interest to you

8Matix Fertilisers & Chemicals Limited, a company founded by Nishant Kanodia, son-in-law of Essar Group co-founder Ravi Ruia, settled its entire Rs 4,500 crore debt by entering a one-time settlement (OTS) of Rs 3,082 crore with its creditors, three people with knowledge of the matter said.

Domestic PP prices have been raised by HMEL

PE prices have been rolled over by Gas Authority of India Limited

A static price revision for PVC has been announced by Chemplast

Prices for polyamide 6 (E35) in the Delhi polymer market were quoted high today

Robust demand has lifted polyamide 6 (E35) prices in the Ahmedabad polymer market

A revision in PP and PE prices has been announced by ONGC Petro additions Limited (OPAL), According to sources, with effect from September 23, 2021 the following price revisions have been made.

On September 23, 2021 Petrochem sources reported a fall in polyamide 6 (M28RC) prices in the Delhi polymer market

A fall in polyamide 6 (M28RC) prices was noted today in the domestic market of Ahmedabad

On September 23, 2021 ABS (MIF45) prices moved higher in the Mumbai polymer market

ABS (HI121H) IM prices are increasing in the Delhi market

On September 23, 2021 ABS (HI121H) IM prices moved higher in the Mumbai polymer market

Robust demand has lifted ABS (MIF45) prices in the Delhi polymer market

The Delhi polymer market recorded a rise in POM (F30 03) prices today

Prices for imported acrylic fell today in the domestic market of Delhi

Ethylene prices have been reported to be unchanged for South Korea, NE Asia, South East Asia, India, Japan, NW Europe, and the US Gulf due to steady demand patterns in the region.

On September 23, 2021 Naphtha prices were registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

The international crude oil price of Indian basket was quoted at around $73.72 per barrel on September 23, 2021.

Domestic phenol prices have been revised by Hindustan Organic Chemicals Limited.

Ethyl acetate prices have been revised by GNFC Group.