8Two new pilot projects testing hydrogen gas as a replacement for natural gas have started up this week
8These will have interesting implications

Bio LNG: Is it possible to have decentralized and local production of bio LNG?
8The compression ratios are far higher in LNG than in CNG

Two public sector fertilizer company shares are up
8Why is that so?

A default by a supplier has forced the buyer to issue another rock and DAP/MAP tender
8If one company is blacklisted by someone, should others blacklist it too?
Find out more

The downstream industry does not really allow a rank outsider to come in.
8No matter what.
8It is a closed club

MTO prices have picked up on the back of shortage of supply accompanied by a growing demand in the Ahmedabad polymer market.

On March 2, 2021, formaldehyde prices were assessed lower at Kolkata market.

A producer from Vietnam is heard to have offered its PET bottle grade in India.

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

Our Petrochem analysts have reported moderate buying trends in the Hyderabad market as of March 2, 2021.

Our Petrochem analysts have reported price changes in HDPE and LLDPE in the Kanpur market as of March 2, 2021.

After interacting with various market executives, our analysts have reported buying trends of the Jaipur market as of March 2, 2021.

Our Petrochem analysts have reported buying trends in the Ludhiana market as of March 2, 2021.

On March 2, 2021, Petrochem sources confirmed that phosphonic acid prices have slipped in the Mumbai market. 

Formaldehyde prices have increased in the Chennai market.

Methanol prices in Kandla port have been increasing on the back of strong regional demand trends.

BAM prices have increased today indicating a shortage of supply with a growing demand in the Ahmedabad market.

Prices for Chloroform have been revised at Dahej.

On March 02, 2021, the demand for PBT was moderate and prices have been remaining steady for the last week in the domestic market.

On March 2, 2021 EVA price moved up in the Indian Polymer market.

The international crude oil price of Indian Basket was quoted at around $64.54 per barrel on March 02, 2021.

Phenol prices have increased today indicating a shortage of supply with a growing demand in the Mumbai market.

BAM prices drifted down on the back of weakening demand and shortage of supply in the Kandla market.

A revision in DEG prices has been announced at Hazira.

A revision in benzene prices has been announced at Vizag.