News & Bulletin Updates

8One Ammonia shipment is coming up on 28 Jan 2021
8Two Sulphuric acid shipment is coming up on 29 & 31 Jan 2021

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This E&P major just won a major arbitration award
8But the getting the money will be another story altogether

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There was a race for supply of an ammonia column for an Ammonia revamp project
8It is an expensive piece of equipment
8Nuberg was the big favourite but lost the race.

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This is a Rs 200 crore project
8And EIL along with three other companies are in the race for the DFR
8It is good to see EIL now stooping down to newer horizons

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8LNG imports have slowed down quite a bit and some of the terminals are now working at zero or much lower capacity.
8This signals a large dependency of the Indian market on floating spot cargoes.
8While a healthy spot content in the overall market is good for the market depth, it remains a moot point however whether the Indian market, with all its market imperfections and monopoly players and in the absence of enabling regulations is suitable at all for this kind of volatility.

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The website carries a detailed coverage of petrochemical prices. Here is today's prices collected by our team from across the country.

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Get the full chemical price matrix for today here. This is the most comprehensive coverage that you can ever get.

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

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On January 22, 2021, caustic soda flakes prices moved down in the domestic market.

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A roundup of Ahmedabad polymer market as of today.

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On January 22, 2021, DBP  prices drifted down on the back of weakening demand and shortage of supply.

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LG Chem has offered its PVC in India.

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On January 22, 2021, DOP prices witnessed a rise in Kolkata.

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The international crude oil price of Indian basket was quoted at around $55.52 per barrel on January 22, 2021.

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ABS prices in India are unlikely to undergo any major change as demand for the raw material is expected to remain stable.

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Despite lower international prices and higher domestic demand POM prices were assessed steady.

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A price revision for ethyl acetate has been announced at ex-Satyam.

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Prices for MEG have been revised by Aegis.

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A revision in EDC prices has been announced at Hazira.

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GNFC Group has announced a revision in its acetic acid prices.

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We had earlier projected two LNG cargo arrivals at Shell Hazira in February.
Our as of yesterday data shows that only one cargo arrival is scheduled between now and February, and that is on February 23.
Currently, we can see cargoes coming into other ports from Ras Laffan, Lake Charles, Bonny, Soyo, Das Island, and Cameroon.
Bulk of the shipments are from Ras Laffan.

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The Sikka crude terminal is the busiest in India
And vessels come in not just for RIL but also for Bharat Oman Refineries Ltd
Shipments are currently coming in from:
Freeport
Zirku Island
Banyu Urip Marine Terminal
Novorossiysk
Marsa Bashayer
Cayo Arcas Terminal

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We are currently tracking around 1.39 million tonnes of fertilizer imports.
And this is as of today evening data
And these are coming in from all over the world.

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As the economy recovers, chemical imports are going up.
The highest recorded volumes of chemical imports since the lockdown are up ahead.
We are tracking around 1.12 million tonnes of imports.

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Get the chemical prices round-up here for the day
Grade-wise and city-wise
Get bulk prices and port prices, all of it here for the day.

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