On June 16, 2021 naphtha prices have moved up in Japan and Europe on account of positive buying trends in the respective countries.

The international crude oil price of Indian Basket was quoted at around $73.18 per barrel on June 17, 2021.

On June 17, 2021, cyclohexane prices were assessed lower in Ahmedabad.

On June 17, 2021 the Mumbai market recorded a fall in Butyl acetate prices.

8Bids were submitted for two LNG tanks, each with a capacity of 170,000 cubic meters earlier this week
8Who were the bidders?

8ONGC wants to convert some of its diesel-powered rigs into CNG powered ones

This oil and company has lined up Rs 460 crore of purchases from SMEs.
8If you are an SME, find out whether you are a supplier of the list of reserved goods outlined by the company

What is the latest update on the 14-vessel tender of ONGC?
8It has been quite sometime now since bids were submitted, and the validity period is over
8ONGC is also on the lookout for more

8Bids were submitted for two LNG tanks, each with a capacity of 170,000 cubic meters earlier this week
8Who were the bidders?

On June 17, 2021, Petrochem sources confirmed that Acetonitrile prices had slipped in the Kolkata port.

The average landed price in May for LNG was closer to $10/mmbtu, high for India.
8India usually pays the highest LNG price, but this time around, prices were higher in China and Japan

Rs 10,000 crore urea-cum-captive power plant
8The promoters claim that they continue to be very keen, and COVID had other exigencies impacted work, and it will all start again in Q-2, 2021
8Let hope that is true
Then we also have a 15 crore SSP/GSSP greenfield project
8They will need a contractor in July, 2021

The Modi government has been surprisingly resilient with the fertilizer sector
8From giving money to sanctioning additional subsidies
8Clearly, this government is more farmer-centric than the earlier one, when getting additional allocations of subsidy were next to impossible

8A new chairman has joined IFA

8Indian fertilizer industry is poised to grow, but there are challenges ahead

The Delhi chemical market saw a rise in butyl acetate prices today.

The Chennai chemical market saw a rise in benzene prices today. 

Sulphuric acid prices are gradually increasing in the Kolkata market.

On June 17, 2021, trading sources reported a fall in n-butanol prices in the imported market of Chennai.

On June 17 , 2021, trading sources reported a fall in NBA prices in Kandla.

A revision in MEG prices has been announced in Mumbai.

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

On June 17, 2021, acetonitrile prices fell sharply in the imported market of Mumbai.

On June 17, 2021, ethylene dichloride prices increased at Mumbai.

Indian Oil Corporation (IOCL) reduces domestic PP prices.