Methanol prices have been revised at Hazira.

A revision in ethyl acetate prices has been announced at Ex-Laxmi.

C9 Solvent prices have increased in the imported market of Mumbai.

On May 14, 2021, Acetic acid prices moved lower in the imported market of Mumbai.

A fall in benzene prices in the imported market of Mumbai was noted on May 14, 2021.

Ortho-Xylene prices moved higher today in the imported market of Mumbai.

From a usual volume of around 1 MMT of inventories always lined up for deliveries into India, chemical imports inventory that we are tracking are at around 87 lakh tonnes
8This is a reasonably sharp fall

There is crowding of bidders around  Sulphur Recovery Units in refienries, it is claimed
8The SRU is the simpler of the refinery units, and it has been noticed that power sector players like BHEL and ISGEC are at the forefront here when it comes to bidding
8But there are many pitfalls in such a strategy
8And driving down costs, like ISGEC reportedly did, could be detrimental to the bidder

8Indian ports are best avoided by foreign crews
8Here is an example

Dabhol has finally decided to shut down
8From May 7 till end September, when the monsoon retreats, Dabhol will be shut
8Meanwhile, Shell itself has ventured to bring in a cargo of its own at long last at its Hazira terminal
8Besides the ever busy Dehej, the other terminal that is bringing in a cargo now is Ennore, IOC is getting it in on May 18 from Ennore

87.3 million tonnes of crude inventories lined up for delivery to Indian ports
8There is no rush at the ports, as a consequence of better movement control by the oil companies, but the vessel download volumes are lower as compared to the previous months

8Get the latest fleet status on Self Drilling
8Find out how many rigs are on hire in India

No one knows the Indian offshore marine spread market better than Bharat Seth, the MD of Great Eastern Shipping.
8The company is the biggest player in the Indian market and Seth has turned in a massive profit for the year
8He said the rig market had improved, and there was a 40% hike in a recent placement
8Also, he expected the market to improve for all offshore spreads segments
8Seth is India's most articulate speaker in the Indian shipping industry

The tender for 14 vessels got a huge response
8There are 66 vessels in the fray
8Greatship usually has the largest number of vessels to offer,, but there are others in the race as well this time around
8Get the detailed vessel wise matrix

Shell has not been a greatly successful player in the Indian gas market
8We have been highlighting the fact that its 5 MMTPA terminal has been running dry since January, based on a faulty business model
8Nor is its attempt to sell gas in India been successful despite years of effort.
8But the Shell boss in India, under attack for non-performance, believes demand in India for gas will come from non-traditional sources

8Get which company got how much in the latest MMTC urea tender
8And which ports will deliveries come into

8Requirement for MAP has come up

8Find out more on what researchers are up to

Sulphuric Acid Expansion Project   
8Cost - Rs 100 crore
Find out when commissioning will happen
Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost - Rs 1375 crore
8Project Event: The project is still waiting for environmental clearance, RFQ for the environmental clearance is likely to be released after the Covid -19 second wave is over, in place of May 2021.

8LNG prices have begun climbing up again
8And so have vessel rates
Find out more

8Yara is getting into green ammonia quicker than others.
8The company has signed a MoU related to the ammonia value chain business

A revision in PP and PE prices has been announced by IOCL.

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

On May 13, 2021, POM (imported) prices moved up in the Ahmedabad polymer market.

On May 13, 2021, ABS imported (HI121H) prices moved down in the domestic market of Delhi.