News & Bulletin Updates

Bhatinda Urea Revamp Project   
8Cost - Rs 700 crore
8Project Event: The Pre-Qualification for the LSTK contractor has been out and the discussion is still ongoing, It is likely to be finalized in May 2021 in place of March 2020.
Sulphuric Acid Greenfield Project        
8Cost - Rs 50 crore
8Project Event: The review is ongoing in the MoEF, clearance is likely to be elicited at the end of April 2021, RFQ for the local contractor as well as equipment supplier is likely to be released in June 2021.

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8Arun Alagappan launches new fertiliser brand

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8One ammonia shipment is coming up on 26 March 2021
8One Rock Phos shipment is coming up on 28 March 2021
8One Sulphuric acid shipment is coming up on 28 March 2021

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8Thirteen companies are on the list of bidders for RCFL urea tender
8Get a full update here

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A producer from China is heard to have announced its offer for PET resin (IV-0.89) grade in India.

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On March 22, 2021, acetonitrile prices fell sharply in the Ahmedabad market.

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C9 solvent drifted down today on the back of weakening demand and shortage of supply in the Chennai market.

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On March 22, 2021, Petrochem sources confirmed that MEG prices have slipped in the Mumbai market. 

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On March 22, 2021, styrene monomer prices moved down in the imported market.

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On March 22, 2021, the demand for PBT was moderate and prices remained steady in the Indian market.

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The international crude oil price of Indian Basket was quoted at around $62.67 per barrel on March 22, 2021.

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Mar 22, 2021: DEG prices reduced

DEG prices have been revised at Hazira.

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VAM prices have increased today in the Kandla port.

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On March 22,2021 PolyCarbonate (PC) prices increased in the Ahmedabad market.

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On March 22, 2021, phenol prices drifted down in the Ahmedabad market.

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A revision in Iso butanol prices has been announced at Hazira.

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Ethylene Dichloride prices have been revised at Hazira.

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On March 22,2021 ABS (MIF45) prices drifted lower in the Mumbai market.

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On March 22, 2021, the Delhi market witnessed a rise in ethyl acrylate prices.

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On March 22, 2021, butyl acetate prices moved down in the imported market.

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On March 22, 2021, toluene prices drifted lower in the imported market of Delhi.

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Sulfur prices moved up in Delhi today.

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A revision in PS prices has been announced by Supreme Petrochem Ltd.

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An increase in PVC imported and RIL K6701 grade prices has been noted on March 20, 2021.

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On March 20, 2021, the purchase trend for EVA decreased by Rs.3-4/kg in the polymer markets of Mumbai, Delhi, Chennai, Ahmedabad and Hyderabad.

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