A reduction in NBA prices have been announced at Hazira.

New Acetic Acid prices have been revised at Kandla.

8A producer from South Korea is heard to have offered its polystyrene in Bangladesh.

On May 11, 2021 DBP prices moved higher in the Mumbai chemical market.

On May 11, 2021, Petrochem sources reported a fall in toluene prices in the Mumbai market.

On May 11, 2021, Petrochem sources reported a sharp fall in ethyl acetate prices in the Mumbai market.

Mumbai trading sources have reported a fall in OX prices.

Toluene and benzene prices have been raised at Vizag.

On May 11, 2021, Petrochem sources reported a fall in VAM prices in the Kandla market.

RIL has announced an increase in benzene prices.

Prices for ACN were quoted lower in the Kandla market today.

A fall in sulfur prices in the domestic market of Delhi was noted on May 11, 2021.

On May 11, 2021, BAM prices increased at Kandla port.

Acetone prices have been revised by HCL.

GNFC Group revises aniline prices.

8Celanese, has undertaken an unplanned shutdown at its acetic acid plant.

8Sinopec Mitsui Chemical has halted production at its Bisphenol A plant.

8Xinneng Energy has started maintenance at its No. 2 methanol plant.

8Wanhua Chemical Group has taken its HDPE unit off-stream.

Cargo arrivals are normal in some ports but cargo deliveries have been adversely impacted in many ports
8In some ports, cargo operations normal, however Cargo evacuation is  affected during night hours due to night curfew
8Also, Force Majeure declaration issued by Vizag Chamber of Commerce, for the period from 05th May to 19th May 2021 will impact operations
8Get an all-indian roundup here of the day's outlook

From an average of around 1 MMT, chemical imports are down to around 0.87 lakh tonnes according to our database.
8Clearly, the current spurt in COVID cases is having an impact

We are approaching a record 8 MMT of crude lineup.
8This is an unprecedented figure, a full 1 to 1.5 million higher than the normal inventory of line up
8Clearly, vessels are either on slow streaming or on hold from port of sailing because at the ports, there seems to be no congestion
8So the port side management seems to be quite good as of now even as inventory lineup mounts

End of last week, GAIL is still flogging the Dabhol terminal.
8One vessel is at berth and another is lined up, could also be because the weather has sobered down from how it was last week, when the seas were rough and mooring cables were getting broken.
8Shell's Hazira has five vessels lined up.
8And that is possibly because GAIL cannot load up Dabhol and Dahej is already stretched, some cargoes have come into Hazira as a result.
8Hazira has only a couple of dedicated clients, as far as we can see: RIL and Arcelor Mittal Nippon Steel India Ltd. Torrent too, sometimes.
8RIL,  as its dependence on ethane cargoes from the US and Indian gas from its fields in KG Basin go up, its demand for LNG will fall.
8And once GAIL has its Dabhol unit gets going 24X7 from the middle of next year, there will be that much less business for both Hazira and PLL's Dahej terminal

8Get the fertilizer import data for the day available here

Oil India Ltd has an acquisition of five new 2000 HP VFD rigs to make
8The deadline for bid submissions after several extensions was April 39
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