News & Bulletin Updates

8Catch here the most accurate chemical prices as of today

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8There has been an accident of sorts in Dabhol. Nothing serious but eventful nevertheless
8Time to shut down the terminal, we guess, as the seas are getting rougher
8Hazira has three cargoes lined up for the rest of the month

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May 04, 2021: Crude cargo diverted

Crude cargoes are moving at normal levels
8There is one diversion by Hindustan Mittal Energy, reason not known, but that is quite unusual, possibly a tank-full situation.
8No waiting seen at ports

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8A 400 people rationalization has just been conducted by an oil & gas major
8And in the middle of COVID, it has been a painful experience for all

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8Petronet LNG is venturing into an area that does not have a future
8Why is it doing so then?

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In another very large downstream tender, we found rank outsiders outsmarting established players
8This is an interesting trend, and is likely to gain momentum to weeks and months ahead
8It is a great time also for global engineering majors who seem to have got left out of the game, and they can crawl back and mark some space for themselves with these aggressive new players
8Or even with bumbling elephants like BHEL

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Established players such as Technip, L&T and Petrofac, McDermott, among others will have to look out for these new players lest they run away with all the projects
8Bids have to be more finely attuned given the new players' proclivity to aim low

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8IFFCO subsidiary IFFCO Bazar seems to be doing well

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8JNPT port will see an assorted range of chemicals coming in over the next few days
8And these will include: acetic acid, styrene monomer, base oil, LAB and MDC among others

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8A sulphuric acid cargo is berthing at Kakinada
8Find out from the where the material is coming from

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8A chemical shipment sourced from Rayong is arriving tomorrow
8The landing port is Vizag

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8A cargo of butyl acrylate is being shipped in by BASF Petronas
8The material is coming from Kuantan

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8There are several phosphoric acid shipments landing up in India
8Find out who is bringing them in

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8joint cargo of EDC and methanol is expected tomorrow
8Tonnage: 7000 tonnes

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8We have spotted several styrene monomer cargoes coming into India
8Who is bringing them in

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8Mundra port will see an assorted range of chemicals coming in the next few days
8And these will include: normal paraffin, fatty acid and CBFS

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8Paraxylene is brought into India in large volumes and not just by RIL
Know more about all paraxylene cargoes coming into India

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8Two acrylonitrile cargoes  are coming in at Hazira
8One of them is brought in by Vinati Organics

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A South Korean producer has offered its HIPS in Bangladesh.

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A Malaysian producer is heard to have offered its LDPE in Bangladesh.

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A producer from Taiwan has offered its GPPS in Bangladesh.

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A Saudi Arabian producer offers HDPE in Nepal.

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8We have a daily update on fertilizer imports
8Also a weekly update

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Looking at the current scenario, latest offers at Indian ports and factors governing polymers prices, a downward price revision by domestic producers is expected this week.

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On May 4, 2021 Petrochem sources in Chennai reported a reduction in toluene prices.

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