News & Bulletin Updates

ABS Colour (SHF50) prices have registered an increase in the domestic market of Delhi.

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New n-butanol prices have been reduced at Hazira.

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New prices for ethyl acetate have been declared at Ex-Satyam.

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On May 28, 2021, polystyrene (SC206) prices increased in the Delhi polymer market.

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DEG prices have been revised at Hazira.

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VAM prices have increased in the Mumbai market.

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On May 28 , 2021, trading sources reported a fall in SM prices in the domestic market of Mumbai.

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A reduction in benzene prices has been announced at Vizag.

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Toluene prices have moved higher in the USA. 

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Benzene prices were assessed lower in Europe.

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There is a buy advisory out on the GAIL stock
8But the main worry seems to be de-risking the Henry Hub-based supplies
8So, while the future is bright but be careful of the stock behavior as some of the fertilizer plants may not get ready as quickly as GAIL is thinking they would
8It is assumed that they might be ready by end of the year but our investigation shows that it may take longer
8And there is the long tail of the lockdown impact too, to take into account
Find out more on what the stock analyst who is more aggressive than we are on GAIL has to say, though we all know that the future is always bright, but the question is from when

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Indian planners have a massive plan in hand for ports and inland waterways involving multiple developments
8The idea is to get India's ranking from about 40-45 to top 10 now in some of the common measurement parameters
8And they want to get India's EXIM transactions through the NLP platform to more than 90 per cent
8Then the idea is to have must-have signal solutions in 100% facilities
8And a whole lot of other parameters are involved where improvements will be made
8It makes for interesting reading, and though very ambitious and unlikely to be achieved in 10 years (which is the timeframe), there are many things to learn from it

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8Two packages -- a DHDT and an SRU -- are meant to come out soon in a refinery expansion
8When are they expected?

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Is it true that fresh Indian entries are trying to push the price line down in downstream projects to unviable levels
8Not so, claims companies like IOC and EPCM or PMC contractors who seem to see a new trend emerging

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8Fugro has a long presence in India.
8The company has transformed itself over the years

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8The incident is likely to affect the delivery of some Qatar-origin LDPE and LLDPE cargoes to Asia-Pacific
8However, crew members were safely evacuated as efforts are under way to control the fire

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8Government raises ethanol price for blending in petrol by 25%
8Sugar stocks to soar as demand for ethanol likely to surge

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8The facility is to produce 200,000 tonnes of green ammonia from 40,000 tonnes of green hydrogen
8And this will be powered by a dedicated 800 MW solar power plant

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8Pigment export volumes have been growing quite splendidly
8And this could perhaps benefit Sudarshan Chemical

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8The company has moved to Non-Cooperating category
8Find out why it is so

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8Technology helps in finding new sources of fertilizers
8Find out more on what researchers are up to

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Ammonia and Captive Power Unit Greenfield Project
8Cost - Rs 1920 crore
Urea Revamp Project
8Cost - Rs 700 crore

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The latest data shows import inventories lined up for shipment is down to around 79 lakh tonnes
8This is a wide deviation from the normal 99 lakh to 1 MMTA that is lined up on our import database
8This is a huge 21% fall
8However this may not be wholly accurate as different factors may be at play other than lockdowns, cyclones and other such exogenous factors

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Two crude offloading berths in Mumbai out of three, catering to BPCL and HPCL refineries are surprisingly vacant
8There are three vessels on wait in Cochin, pointing to offloading problems, reasons can be various
82 SPMs and one berth at Sikka are all filled up, crude here is unloaded by RIL
8Pipavav operations are under suspension
8And Paradip is shut
8All other vessels movements are normal

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We noticed a truncated list of LNG cargoes headed or at Indian ports
8Dahej has a much shorter lists than before
8What can this be attributed to? A variety of reasons: cyclone impact, lockdowns all over, tank full position as a result of lower offtake.
8Clearly diversion of cargoes are taking place by Asian markets seem to be soaking that up

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