News & Bulletin Updates

8The oil market's supply and demand dynamics point to a slow grind higher in prices over the next few months, Barclays said on Thursday, as it raised its 2021 oil price forecasts by $3-5 per barrel.

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JBF Industries Ltd raises PET resin prices,

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The JKM monthly price for August delivery into northeast Asia rose 18.6% month on month to an average of $12.972/MMBtu.
8In comparison, the August JKM assessment in 2020 was at $2.164/MMBtu, which was close to the historical low of $2.063/MMBtu for the July 2020 average
8Vessel higher rates are high
8And Henry Hub prices are sizzling too, making shipment out of there into India more expensive
8Quite a change

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A revision in PET resin prices has been announced by Dhunseri Petrochem Ltd.

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8KBR announced that it has been awarded a technology contract for two nitric acid plant expansion projects.
8Know more

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RIL has announced a revision in PET resin prices.

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8Webinar for young professionals in the fertilizer industry

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8There is a tender out for supply of natural gas

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Urea Revamp Project
8Cost - Rs 700 crore
8Project Event: The Pre-Qualification for the LSTK contractor has been out and the discussion is still ongoing, It is likely to be finalized in August 2021 in place of June 2021.
SSP/NPK Greenfield Project
8Cost - Rs 70 crore
8Project Event: Still, the feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance in September in place of June 2021 due to the second wave of Covid. RFQ for the contractor is likely to be released after the clearance.

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8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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Prices for toluene have been reduced at Hazira

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A fall in sulphur prices in the chemical market of Mumbai was noticed on July 23, 2021.

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Methanol prices moved higher today in the Kandlachemical market

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On July 23, 2021, ortho xylene prices were assessed lower in Mumbai.

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A rise in IPA prices at Hazira was noted on July 23, 2021

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On July 23, 2021, the Delhi market witnessed a fall in sulphuric acid prices.

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A fall in imported SAN prices in the domestic market of Delhi was noticed on July 23, 2021

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A cut in SAN Imported prices has been noted in Mumbai today

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Polyurethane (imported) prices have registered a fall in the Ahmedabad polymer market

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Polyamide 66 (imported) prices have moved higher in the Ahmedabad market

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On July 23, 2021 the Delhi polymer market saw a rise in ABS (MIF45) prices

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On July 23, 2021 the Ahmedabad polymer market saw a rise in imported PET prices

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Prices for PET (G5801) in the Ahmedabad polymer market were quoted high today

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Delhi has recorded a rise in ABS (HI121H) prices

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On July 23, 2021 the Ahmedabad market witnessed a fall in PC (2407) prices.

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