News & Bulletin Updates

Toluene prices have been increased by Aegis.

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Butyl acetate prices have been revised at Hazira.

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On May 6, 2021, styrene monomer prices drifted lower in the imported market of Chennai.

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On May 6, 2021, Petrochem sources reported a fall in cyclohexane prices in the Delhi market.

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Caustic soda flakes prices have increased in the Delhi market today.

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On May 6, 2021, styrene monomer prices drifted lower in the imported market of Chennai.

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On May 6, 2021, acetonitrile prices moved higher in the Ahmedabad chemical market.

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On May 6, 2021, acrylonitrile prices moved higher in the Mumbai chemical market.

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Delhi trading sources have reported a fall in ethyl acetate prices.

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MRPL has announced new PP prices, effective from May 6, 2021.

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OPaL announces reduction in PP and PE prices.

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PP prices have been revised by HMEL.

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

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HPL has announced a reduction in PP and PE prices.

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8A revision in PE prices has been announced by Reliance Industries Ltd

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8Reliance Industries Ltd has annouced a revision in PP prices.

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Currently, we are tracking about 0.76 lakh tonnes of imports
8Way down from the near 1 MMT before lockdown
8But chemicals are also down because of price and demand uncertainty

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With the Dabhol terminal running out of steam, and with Dahej at near tank full conditions, Shell's managers can put their feet up and relax.
8Not that they do much work anyways in other parts of the year
8They have a platinum team with literally no work to show. And business comes around this time of the year by sheer default
8In any other company, sack orders would have been out long back but Shell LNG, as we all know is a lumbering giant, as its track record in India shows for all these years.
8Bad management all with absolutely zero accountability. Or how else can you explain a 5 MMTPA terminal in a prime location for all these years doing literally little or no business ever since January? Our desi chaps in GAIL, GSPC, PLL, even H Energy and a host of struggling newcomers, Indian and foreign, are much better at their jobs than Shell's "international team".
Click on Reports on how Shell's default business is ticking up in terms of the number of cargoes.

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A massive 7.3 million tonnes of crude delivery is accounted for, these are very high numbers.
8The lock down impact could well be marginal and this could well be because the lockdown this time around is not the same as a year ago
8Vehicle movements are almost normal as is evident from pollution AQI levels
8Also, there are not waiting noticed at ports. Even if run rates are down, they aren't going to go deeper unless more lockdowns are announced across the country
8This is what are views are

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Adani-Total has been able to ramp up operations to 2 mmscmd of gas per day.
 8Also, despite Covid, there has been significant progress in developing infrastructure across the country
 -- Commissioned 3 City Gate Station (CGS) in New GAs
 -- Cumulative MDPE network more than 7400 Kms
 -- Work in progress for developing L-CNG : L-PNG stations in new GAs where there are distant pipelines

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The Coronavirus inflection has hit the offshore E&P industry
8At least one rig has been withdrawn from service

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8Get to know how to make transformer oil from base oil
Get the business model

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8This embattled drilling rig company of local credentials gets a good rating for itself

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8MMTC tender gives suppliers much needed relief

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8The central government its seems has relaxed the norms for polluting units while allocating timelines for the retirement of these units
And that may be bad news for the gas supply industry

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