News & Bulletin Updates

8INEOS is shipping in an acetic acid cargo
8The landing port is Hazira

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8HPL’s benzene shipment is coming from Singapore
8Find out the cargo strength

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A massive and unprecedented backlog of 8.6 MMTPA of crude oil is now inventoried to reach Indian ports
8The figure is usually much smaller, and this means that ports are unable to take the load despite good cargo movement management
8Waiting has cropped up in several crude unloading terminals

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There is waiting going on at Shell's Hazira terminal where a GAIL vessel is meant to berth
8The exact reason is not known
8Or else there is no impact of the cyclone on LNG shipment
8There are vessels lined up in all LNG terminals as of now

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Assessed requirement for all grades of fertilizers is turning out to way below sales for April
8And the situation is likely to continue right through Kharif it seems
8Further, get details of imported finished fertilizers for the month
8Also, from the progress made, it does not seem like the new fertilizer plants will be commissioned anytime soon, Up to Q-1, 2022 is our assessment

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NPK Fertilizer Expansion Project
8Cost - Rs 190 crore
Phosphoric acid Expansion Project 
8Cost - Rs 20 crore

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8There is a tender out for supply of natural gas

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May 21, 2021: MOP tender out

8Rashtriya Chemicals & Fertilizer Ltd had released a NIT for the supply of Muriate of Potash
8The closing date for the tender is 10th of June 2021 at 1100 hrs IST

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The international crude oil price of Indian Basket was quoted at around $65.39 per barrel on May 21, 2021.

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Naphtha prices have registered a downward movement in Japan while moving up in Europe owing to fluctuation in the markets.

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Para-Xylene prices have moved down in SE Asia.

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On Thursday, benzene prices were assessed lower in Asia.

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Mixed-Xylene prices in the US Gulf have drifted lower today.

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May 21, 2021: Fall in Phenol prices

Prices for phenol were quoted lower in the Ahmedabad market today.

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ABS (HI121H) prices have drifted down in the Ahmedabad market.

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POM (imported) prices are increasing in the Ahmedabad market.

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The Delhi polymer market saw a rise in POM (imported) prices today.

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On May 21, 2021, imported Acrylic prices were assessed lower in the Delhi market

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

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Prices for C9 Solvent have fallen at Kandla.

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May 21, 2021: NPAC prices revised

A revision in NPA prices has been announced at Kandla.

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Toluene prices were assessed lower in the imported market of Mumbai.

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A fall in methylpropanediol prices in the imported market of Kandla was noticed on May 21, 2021.

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NBA prices have been revised at Hazira.

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A cut in MEK prices has been announced at JNPT.

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