One theory behind higher chemical industry profitability is that the Chinese government has been focusing on reducing pollution which has lead to closure of 80,000 Chinese chemical companies
8This has reportedly giving a fillip to Indian chemical manufacturers profitability

After interacting with various traders and market sources, Petrochem analysts have noted that the demand for PVC in the domestic market has gone up.

On May 24, 2021 Petrochem analysts reported buying activities in the polymer market of Delhi.

On May 24, 2021, HDPE blow moulding prices were assessed lower in Mumbai.

8Butadiene is suddenly quite lucrative as the spread against naphtha is at a five week high
8How long will this spread be high

Chemical imports ahead at the Haldia port are coming from
8Port Allen
88Sohar
8Al Jubail
8Malaysia
8Saudi Arabia
8Singapore

8Get full LNG import data here
8What shipments are coming in, who is bringing them in
8Vessel name and the dates ahead when they are coming

As of today, we are tracking 6.3 million tonnes of crude coming into India in the next week or so.
8The crude is coming in from an assortment of terminals from around the world

8We are currently tracking around 9 lakh tonnes of fertilizer imports
8And this is as of today evening data

8A huge cargo of CBFS is expected to land at Hazira
8Find out what is the cargo strength and who the importer is

8Advanced Biochemical is shipping in a cargo of epichlorohydrin
8And it is coming from Ma Ta Phut

8A chemical cargo is jointly imported by Chemplast and Asian Paints
8The cargo coming from Al Jubail is berthing at Cochin

8INEOS ships in a cargo on behalf of a client
8Find out who the client is

8FACT off-loads a cargo of phosphoric acid
8The 11000 tonne cargo was sourced from Safi

8A three-company combine methanol cargo has just off-loaded
8Vizag was the landing port

8KLJ Resources is bringing in a shipment of alphaplua C-20/24
8It is expected to land at Mundra today

8IVL Dhunseri is importing a shipment of MEG
8It is expected to land tomorrow

8A cargo of Acrylonitrile is berthing at Hazira
8The strength of this cargo is around 3600 tonnes

8Requirement for ammonium phosphate sulphate and NPK has come up

Ammonia Greenfield Project
8Cost - Rs 2773 crore
Single Super Phosphate Expansion Project
8Cost - Rs 35 crore

The international crude oil price of Indian Basket was quoted at around $64.12 per barrel on May 24, 2021.

8A detailed coverage of petrochemical prices are carried here
8Get here today's full petrochemical price movement

8Our analysts have formulated an in-depth price outlook of the Indian chemical market
8Get the complete chemical price matrix here

IPA prices were assessed higher today in the chemical market of Chennai.

Formaldehyde prices have moved lower in the Kolkata chemical market.