GNFC Group revises acetic acid and ethyl acetate prices.

BAM prices have increased today in the Kandla port.

VAM prices are slowly increasing at Kandla port.

On May 8, 2021 ACN prices moved higher at Kandla port.

A revision in PS prices has been announced by Supreme Petrochem Ltd.

8Get as of today evening review of chemical inventories lined up for delivery in India

NRL and its canny MD S.K. Barua are likely to face a bigger scrutiny from OIL and EIL than it did from its earlier parent BPCL
8The NRL takeover is giving some indigestion to OIL and EIL is waiting to get into the management seat so as to start asking questions that it had long kept to itself about the Rs 23,0000 crore refinery expansion which on a standalone basis is intrinsically unviable.
8Find out what is going on

ONGC seems to be facing a severe COVID crisis in its offshore assets
HAL offshore has been doing well
8On higher EPC billings but it has one big liability and that is one client dependent
8Rigs and platforms are down as dozens of COVID cases have been reported

HAL offshore has been doing well
8On higher EPC billings but it has one big liability and that is one client dependent

EIL has taken quite a hammering during this new spurt in infections. Over 200 people has been infected, and there have been several deaths
8The management however was quick to take action. Despite a home ministry directive, given the severity of the problem, all personnel except directors and Eds have been allowed to work from home
8It has also put together a captive medical facility

Aegis Logistics Ltd seems to have caught the fancy of a stock market analyst
8And the scrip is expected to go sky high
8There is truth in the story but not to the extent that it is hyped up

8Work on offshore blocks seems to have started in right earnest with at least one large Indian operator
8There multifarious requirements coming up

8There is a high inventory of crude cargoes now lining up for delivery to India
8Earlier it could have meant that larger volumes are getting absorbed but the inventory has swelled to around 7.4 MMT, indicating that offtake at Indian berths must be slower, resulting in a higher cargo inventory waiting to load
8Ideally, a waiting list of 7.4 MMT is unusual
8What is more, we can see some vessel cancellations taking place

8By all indications, the Dabhol terminal is shutting down
8There are no vessels on berth as of the moment

8How full is PLL's Dahej terminal?
8It is not 100 percent but it is full enough, according to what we hear

8The MMTC tender was a damp squib
8Looks like the Chinese wanted it bombed

8It is interesting to note that except for NP, IFFCO has not raised the prices of decontrolled fertilizers since 2019

Has the virus upsurge had an impact on Indian ports
8Here is a port-wise audit as of yesterday

8Kharif MSP operations
Get the latest update

8The company recorded an adjusted net profit of US$94 million in 1Q21 compared to an adjusted net loss of US$82 million in 1Q20

8Get the latest fertilizer import data, here
8Find out who is importing how much

8The current cargo load at Dahej is made up of 10000 tonnes of caustic soda lye
8There is also 465000 tonnes of ethane brought from Houston

8Pipavav's chemical imports in the next few days are dominated by IMC
8Find out what is being brought in

Get the latest Base oil import data here
8See how many cargoes are coming in

8We have tracked two shipments of sulphuric acid
8One to off-load at Kakinada and the other at Paradip