News & Bulletin Updates

On April 2, 2021, methanol prices increased in the Delhi market.

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Acetonitrile prices went down today in the imported market of Kolkata.

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On April 2, 2021, aniline prices drifted lower in the imported market of Ahmedabad.

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Waiting vessels is now noticed in Mumbai with BPCL's refinery there
8Vessel waiting is a sign of sudden refinery stoppage, mostly an unplanned shutdown
8Get the details of all LNG vessel line up in Indian ports

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80.6 million tonnes of fertilizers is headed in
The main receivers are
8IFFCO
8Indian Potash Ltd
8KRIBHCO
8Coromandel International
8Paradeep Phosphate Ltd
8Various

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How many LNG shipments are lined up as of yesterday for Indian terminals?
8Dabhol: 4
8Mundra: 1
8Dahej: 6
8Hazira: 3
8Ennore: 1

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8Next ten years a golden decade for chemicals in India
8Potential for European companies to make a foray into India

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8Capacity expansions are expected for PVC, PE, PP, PTA, MEG, among others
8However, alarming PVC shortfall raises government concerns

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8Approval kicks off long standing consolidation
8Combined asset valued at $245bn
8What will the merged companies leading business be?

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8The eurozone's manufacturing sector expanded at a record rate in March
8But supply-chain delays bring in price inflation

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8Titan Petrochemicals announces a delay in the release of its 2020 annual results
8Shareholders and potential investors of the Company do keep a watch

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 In the first reduction in rate in two months, jet fuel or ATF price on Thursday was cut by 3 per cent in line with softening international crude oil prices.

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Indian state refiners may seek a smaller purchase deal for Saudi oil next year to pressure the kingdom into altering some of the contractual terms ‘unfavourable’ to the buyer, a person with direct knowledge of the matter said.

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Oil prices rose on Thursday on optimism about the strength of U.S and European economies and hopes that OPEC and its allies will keep production curbs in place.

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The domestic natural gas price notified at $1.79 per unit for the first half of 2021-22, lowest since the institution of the modified Rangarajan formula, is unfavourable for domestic oil and gas producers and will significantly impact their financial performance, according to ICRA.

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OPEC+ agreed on Thursday to gradually ease its oil output cuts from May, after the new U.S. administration called on Saudi Arabia to keep energy affordable for consumers.

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India’s eight major industries’ output plummeted during February 2021, official data showed on Wednesday.

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8A new chairperson and a member has been appointed for PESB

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8The company says no prices changes even as everything around is on fire

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Apr 02, 2021: NPK demand coming up

8Two NPK supply tenders are out

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8The board of directors have approved the sale of a fertilizer plant
8Find out what is happening

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Ammonia Greenfield Project
8Cost - Rs 2773 crore
Phosphoric Acid Greenfield Project
8Cost - Rs 10 crore

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8FACT market capitalization posts new all-time high

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Price changes in HDPE and LLDPE as of April 2, 2021, in the Kolkata polymer market have been reported by our Petrochem analysts.

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Phosphoric acid prices have increased in the Mumbai market.

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