A fall in imported acrylic prices was noted in Delhi today

On July 30, 2021 Naphtha prices were registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

PVC prices in the international market remained unaffected, on July 30, 2021, with the prices remaining unchanged.

A cut in imported SAN prices was noticed in Delhi today

Strong buying sentiments have raised styrene monomer prices at Hazira.

Imported SAN prices in the domestic market of Mumbai were assessed lower on July 29, 2021

Prices for ABS (MIF45) in the Delhi polymer market continue to increase

BGE prices firmed up at Kandla in anticipation of tight regional product avails and improved buying sentiments.

 Butyl Acrylate Monomer prices have moved higher today in the imported market of Kandla. 

On July 30, 2021 chloroform prices continued to rise at Dahej.

Ethylene dichloride supply remained tight amid moderate demand at Pipavav today.

Ethyl acetate prices at Ex-Ashok are currently at lower levels.

A slight recovery in caustic soda lye prices was noticed at Dahej today.

A fall in IPA prices at Hazira was noted on July 30, 2021.

Prices for VAM have been increased at Kolkata.

Butyl Acetate prices have moved higher in the Delhi market. 

Here are the details of one of the most successful chemical marketing companies in India
8It has a huge global presence
8And it makes pot loads of money
8This is a business model that competitors should follow

8LyondelBasell is selling its polyethlene technology globally
8It is helping set up a 200 KTA ethylene vinyl acetate copolymer (EVA) and low-density polyethylene (LDPE) line to produce EVA products with vinyl acetate comonomer

These companies have future capex plans:
8OC Specialities
8SVR Drugs & Intermediates
8Bhansali Engineering Polymers
8Meghmani Organics
8Shri Ramkripa Organics
8Nelson Laminate

Japan and Korea are among our biggest trading partners for chemicals
8But there are problems concerning market access, non-tariff barriers and issues involving rules of origin, among others
8Get into a discussion on these issues and raise your voice should you think some things need to be changed

8Pre-budget exercises have already begun
8And if you have a memorandum to give, here is where you submit it

IOC's Puthuvype Greenfield LPG Import Terminal Project has bogged with delays
8Local protests and the pandemic added to the problems
8Delays have lead to cost overrun
Get an update here on the project

On account of a spate of complaints of sub-standard supply of chemicals, ONGC has decided to tighten the sampling process
8Essentially, there will be more accountability at the sample collection point

Ammonia-Urea Energy Saving Project
8Cost - Rs 380 crore
8Project Event: The project is still on hold due to a lack of funds, the project is likely to be activated in Q3 FY 2021. RFQ for the LSTK contractor is likely to be re-released in Q3 FY 2021.
Customized Blending Unit for NPK Fertilizer & Ammonia Storage Tank Greenfield Project
8Cost - Rs 90 crore
8Project Event: The project is on hold due to the second wave of the covid, the project is likely to be activated in August 2021. RFQ for the contractor is likely to be released in September 2021.

The website carries here a full and comprehensive presentation on how crude prices are going to behave until 2022 end.
8The price will move in a narrow band but with an upward bias
Read to understand the fundamentals behind the projections