News & Bulletin Updates

Oct 26, 2021: Daily import matrices

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8Chemicals 
8Crude
8LNG
8Weekly Fertilizer
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

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It is difficult to figure out from the list of LNG cargoes lined up for Indian terminals, which could possibly be spot cargoes
8All those who are currently importing LNG have long cargo deals into India
8Arcelor Mittal Nippon Steel is getting in cargo at Shell's Hazira terminal on the 29th. Looks like a spot cargo to us
8No other spot cargoes are noticed in the entire portfolio of upcoming shipments
8Then again, GAIL is getting in cargoes from Singapore, but that is a swapped cargo, perhaps

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8One Sulphuric acid Shipment is reaching on 26th October 2021
8One ammonia Shipment is arriving on 28th October 2021
8One Sulphur Shipment is coming up on 29 October 2021
Get their import prices here

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8Generally, a trade deficit occurs when a nation imports more goods than it exports. In classic economic theory, countries with a trade deficit will see their currency weaken, whilst those with a trade surplus will see their currency strengthen.

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8Batting for green hydrogen as a transport fuel, Union Minister Nitin Gadkari said there is a need to make India a country that will not be dependent on imports of petrol and diesel.

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8Goldman Sachs said a strong rebound in global oil demand could push Brent crude oil prices above its year-end forecast of $90 per barrel.

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8There is commodity upturn cycle being witnessed and this is true of even natural gas futures that surged. The surge came on the back of forecast of a chilly November has surfaced concerns that the demand shall be higher and we shall face supply side constraints.

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8Fertilisers shares closed higher in the Monday's session.

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VAM prices were assessed lower in the Ahmedabad market.

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8Sri Lanka’s Minister of Lands S.M. Chandrasena said a considerable amount of lands in Mihintale were given to the company that is said to be involved in the importation of liquid nano nitrogen fertilizer from India.

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High MEG prices were quoted in Chennai today.

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A fall in C9 solvent prices in the imported market of Delhi was noted on October 26, 2021.

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8We are providing daily prices of fibres of different grades for major cities in India
8Prices are given for DTY, FDY, POY, Polyester chips, PET, polyester industrial yarn, PA-6, nylon yarn (POY, DTY, FDY), nylon tyre cord, spandex, pure polyester yarn, spun rayon, reactive dyes, disperse dyes, viscose filament, polypropylene

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A fall in NBA prices in the imported market of Chennai was noted on October 26, 2021.

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8Find here the daily rubber price movement
8About 50 grades of rubber chemicals
8Markets covered are Delhi, Mumbai and Ahmedabad

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DEG prices in Hazira were quoted lower today.

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Methanol prices in the Delhi market have registered a fall today.

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Petrochem sources in Kandla have reported a significant lift in isobutanol prices.

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On October 26, 2021, Petrochem sources reported a huge fall in MX prices in the Mumbai market.

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Octanol prices have been reduced at Hazira.

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Low benzene prices were reported today in Vizag. 

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Formaldehyde prices have moved lower in the Delhi market.

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On October 26, 2021 Naphtha prices were registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

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The international crude oil price of Indian basket was quoted at around $84.77 per barrel on October 26, 2021.

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On October 26, 2021, Petrochem sources confirmed that ortho-xylene prices have slipped in the Mumbai market.

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