News & Bulletin Updates

8Requirement of potassium carbonate is coming up

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Clearly, LNG prices are settling down, much to the relief of both terminal owners and importers of LNG
8RIL is bringing in cargoes now via Shell's Hazira terminal, and more activity is noticed in this terminal after remaining near-shut since January, when JKM prices shot up
8Three cargoes are currently registered on this terminal, two from Qalhat, and one from Sabine Pass
8A cargo from Qalhat is at dock in Cochin, brought in by PLL
8There is one at Ennore coming in from Doha

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8When is the Dhamra LNG terminal commissioning?
8Post COVID, work is picking up

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8A huge volume of incremental gas demand is coming up with the commissioning of fertilizer plants from now and end of the year
8Find out more on their demand and commissioning dates.

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8Thirumalai Chemicals Ltd posted lower profits for the nine months this financial year
8Even so, the performance was better than expected
8And profitability ratios are better than before

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8The demand for petrochemicals in 2020 caught everyone unawares
8There was anticipation that demand will fall dramatically
8Find out what the outlook can be for 2021

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Phosphoric acid Expansion Project     
8Cost - Rs 50 crore
8Project Event: The proposal for the term of references has been accepted and the proposal for the environmental clearance is likely to be submitted in March 2021, discussion is ongoing for a contractor. The company is planning to hire a local contractor. RFQ for the Contractor is likely to be released in April 2021. Details

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8Aarvi Encon is an ISO 9001:2015, ISO 45001:2018 & CRISIL SME-1 rated  company, and has been around for 33 years
8It is also one of the largest technical manpower staffing companies with more than 4000 engineers and technicians on its payroll
8The company just won a big contract

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DAP/NPK- Phosphoric Acid & Sulphuric Acid Greenfield Project       
8Cost - Rs 2000 crore
8Project Event: All the project activities are on hold, the project is likely to be reactivated in March 2021. The proposal for the environmental clearance is likely to be submitted by April 2021.RFQ for the environmental clearance consultant is likely to be released in May 2021.

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8Amal Ltd's operations are classified into two broad segments, Performance and other Chemicals (POC) and Life Science Chemicals (LSC), catering to the requirement of diversified industries like textile, paints & coatings, adhesives, dyestuff, agriculture, fragrance & flavours, cosmetic, personal care, tyre, paper, plastic, pharmaceutical, aerospace, composites, construction, glass, etc.
8Get an update on the company

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8The website carries a detailed coverage of etrochemical prices
8Here is today's grade wise coverage of polymer prices

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8C9 Solvent prices drifted down on the back of weakening demand and shortage of supply in the Delhi market.

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8A revision in DEG prices have been announced at Hazira with effect from February 12, 2021

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8GSFC Group has announced a revision in its Cyclohexane prices in India.

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8Toluene prices have dropped down in the Mumbai and Kandla market on the back of weaker regional demand trends.

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8BAM prices have increased continuously this week indicating a shortage of supply accompanied by growing demand in the Kandla port

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8BAM prices have increased continuously this week indicating a shortage of supply accompanied by growing demand in the Kandla port

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8Acetic Acid prices have picked up today on the back of shortage of supply accompanied by growing demand in Mumbai and Kandla market.
8Trading sources have confirmed that acetic acid prices will maintain an upward trend this month.

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8EVA prices have picked up in the Indian Polymer market, due to robust demand in the region.
8Increased demand from main end-users industries for EVA is the major reason for this price rise

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8ABS prices in India are not likely to undergo any major change in the next close as demand for the raw material is expected to remain stable.

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8The international crude oil price of Indian Basket was quoted at around $60.74 per barrel on Feb 12, 2021.

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8According to our analysts, SAN prices have remained unchanged in Mumbai, Delhi and Ahmedabad due to soft demand patterns in the region.

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8PVC prices in India have witnessed a price rise as a result of increasing demand
8Traders have confirmed that with demand increasing, prices are predicted to go further up in the coming week

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8Due to soft buying trends in the Bengaluru market, HDPE, PVC and LLDPE prices remain unchanged from the previous close.

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8Reliance Industries Limited and Haldia Petrochemicals Ltd have announced price revision for PP in India.

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