India’s state refiners are considering purchasing fewer barrels from Saudi Arabia in May after the OPEC ignored New Delhi’s call for higher supplies to calm international crude oil prices.

Indian Oil Corporation (IOC) on Wednesday entered into a collaboration with Phinergy, an Israeli start-up company specialising in hybrid lithium-ion and aluminium-air/zinc-air battery systems, to form IOC Phinergy Private Limited.

Ammonia-Urea Brownfield Project  
8Cost - Rs 6000 crore
Active tendering is on, find out who are in the race for different packages.
Ammonium Nitrate Greenfield Project     
8Cost - Rs 1750 crore
8Project Event: Environmental clearance came in September 2018. Still, the internal discussion is ongoing, RFQ for the EPCM contractor is likely to be released in May 2021.

A rank outsider is now trying to storm not just the downstream market but the midstream market as well.
8And this is causing some anxiety among the contractor community
8But clearly, this company is unwilling to give up until it makes an entry

On March 17, 2021, the Delhi market saw a rise in ABS (HI121H) prices.

The Chennai polymer market witnessed a decrease in C9 solvent prices today.

On March 18, 2021, IPA prices drifted down in the Mumbai market.

Prices for chloroform have been revised at Dahej.

On March 18, 2021, ethanol prices increased in the Delhi market.

The international crude oil price of Indian Basket was quoted at around $66.82 per barrel on March 18, 2021.

A fall in VAM prices has been quoted in the Mumbai market.

On March 18, 2021, Petrochem sources confirmed that Styrene Monomer prices have slipped in the Mumbai market.

GNFC Group decreased aniline prices.

Ethyl Acetate prices have been revised at EX-Satyam.

Kandla port witnessed a rise in acrylonitrile prices today.

Prices for benzene have been revised at Vizag.

A revision in DEG prices has been announced at Hazira.

Phosphoric acid prices inched up in Delhi today.

On March 18, 2021, the Ahmedabad market witnessed a rise in ethylene dichloride prices.

On March 18, 2021, ethanol prices drifted lower in the imported market of Ahmedabad.

According to sources, LLDPE Fi8SO10U is being offered at the USD 1565/Mt.

A revision in PP and PE prices has been announced by Haldia Petrochemicals Limited.

GAIL rolls over HDPE and LLDPE prices, with effect from March 18, 2021.

On March 18, 2021, cyclohexane prices moved down in the domestic market.

PP prices have been revised by MRPL.