On September 2, 2021, the Delhi market witnessed a rise in butyl acetate prices. 

A hike in ortho-xylene (imported repack) prices has been noted in Ahmedabad today. 

On September 2, 2021, the Hazira market witnessed a rise in butyl acrylate monomer prices.

A hike in ethyl acetate prices was noticed today, at Ex-Ashok. 

A heavy fall in dibutyl phthalate prices in the domestic market of Kolkata was noticed on September 2, 2021.

On September 2, 2021, Petrochem sources reported a fall in styrene monomer prices in the imported market of Mumbai. 

A cut in ethylene dichloride prices was noticed today, at Pipavav. 

Acetonitrile prices registered a sharp fall in the imported market of Mumbai. 

Domestic market sources reported a rise in Mumbai’s acetic acid prices today. 

On September 2, 2021, ABS (MIF45) prices were quoted lower in the domestic market of Mumbai.

A significant rise in imported acrylic prices was noticed in Delhi today

Petrochem sources have reported a sharp fall in ABS (HI121H) IM prices in the Mumbai market

Prices for imported SAN in the Delhi polymer market were quoted high today

Mumbai polymer market recorded a rise in imported SAN prices today

On September 2, 2021 imported PET prices moved higher in the Mumbai polymer market

Prices for ABS (MIF45) in the Delhi polymer market were quoted high today

On September 2, 2021 the Mumbai polymer market saw a rise in imported acrylic prices

ABS (HI121H) IM prices were assessed lower today in the domestic market of Delhi

Imported POM prices in the Delhi market remained stable in spite of demand being low

What has been the progress of work by Tata Projects in the Barmer refinery project?
8Why is the company facing a fund squeeze?

8It looks like Fugro has got the mandate to do a consultancy for a brand new LNG terminal with an FSRU.
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Convergence Chemicals Private Ltd is a wholly owned subsidiary of Piramal Pharma Ltd.
8The company manufactures speciality fluorochemicals from its facility at Dahej with an installed production capacity of 500 metric tonnes per annum (MTPA)
8The company ramped up its average capacity utilisation to 104% in FY2021 from 90% in FY2020, after overcoming the teething issues faced till FY2019
8And it seems to have excellent financials

8The capacity utilisation of the company had improved to ~90% on an average during FY2021 (86% during FY2020), despite lower utilisation of ~62% in Q1 FY2021 due to the closure of the plant owning to the Covid-19 led lockdown. The improvement in the utilisation levels is driven by increased feedstock availability with commencement of the Hazira Dahej pipeline in December 2019.
8Going forward, capacity utilisation is expected to remain healthy given the stabilisation of operations and healthy demand. Further, tolling margins have improved in FY2021, mainly because of moderation in feedstock cost (mainly naphtha) resulting in improvement in high-density polyethylene-naphtha (HDPE-naphtha) spreads.
8Going forward, the tolling margins are expected to moderate, due to the increasing feedstock (naphtha) prices, even as output prices remain stable with re-opening of petrochemical plants globally. Moreover, the expected savings through exit of OPaL from the special economic zone (SEZ) in the near term is expected to improve its operating performance.

8Get the weekly Asian petrochemical price update here
8Along with comparisons across weeks earlier

8The printing ink industry has also been severely affected, as transport costs and the costs of pigments (including titanium dioxide) and petrochemical raw materials such as resins and solvents have continued to rise massively over the course of the year