News & Bulletin Updates

8Gas has been fully charged by the GAIL pipeline right up to the Matix ammonia-urea plant at Panagarh near Durgapur, West Bengal.
8So when is the plant going to start producing urea?

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Our analysts have reported buying trends in the Mumbai polymer market as on February 16th 2021.

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Here is a brief price trend analysis of the Delhi Polymer market as of 16th Frbruary 2021

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Here is a brief overview of the Ahmedabad petrochem market as of February 16th 2021.

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Methanol prices have picked up in Mumbai on the back of strong regional demand trends.

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The demand for Acrylic was reported to be moderate and prices have been  steady for the last week in the Indian market.

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Our analysts after taking into account the market scenario have given price predictions  of polymers in the Indian domestic market.

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The international crude oil price of Indian Basket was quoted at $62.88 per barrel on Feb 16, 2021.

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PET prices in the Indian domestic market were reported to be stable in spite of low International prices.

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A Taiwanese producer is offering PS GPPS grade and HIPS grade in India on a CIF Nhava Sheva Port basis.

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A Saudi Arabian producer is offering PP raffia and injection grades on a CIF Nhava Sheva Port Basis.

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A Chinese producer is offering its PET resin (IV-0.89) grade  for a February 2021 shipment.

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A South Korean producer is heard to have offered its PVC LS100E grade and PVC LS100H grade in CIF Nhava Sheva Port, Mundra and Chennai.

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8Find out more on what one of the world's largest refining and petrochemical giants is going to go to net zero
8What are the assumptions on which French multinational Total is going green?

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8An auction of coke chemical and benzol products is coming up

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8The first half of last year had an adverse impact on the chemical sector in India
8The chemical supply chain was drastically disturbed
8But this segment was quick to make a recovery

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8S.R. Polyvinyl Limited is another trading company which is ambitious about the future

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Climate change is dramatically going to impact the refinery sector
8As demand for refinery products drops, petrochemical demand is expected to remain buoyant
8So how will refineries undergo this transition?

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8Delhi-based Oswal Cable Products Pvt. Ltd. was incorporated in August 2018 and it is a distributor of PVC resins, chemicals, and other additives.
8It has a future to look forward to

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8The trade war with the USA, the Corona crisis and the ideological convictions of state and party leader Xi Jinping have pushed the issue of “self-sufficiency” to the top of the political agenda
8This will benefit the petrochemical sector in China

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8It was the petrochem division that stole the show for GAIL as seen from its Q-3 performance report
8The petrochemical segment has benefited from highest-ever utilisation level at 114%

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8We are currently tracking 1.05 million tonnes of chemical cargoes

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8One Ammonia Shipment is coming up on 25 Feb 2021
8One Rock Phos Shipment is coming up on 23 Feb 2021
8One Sulphur Shipment is coming up on 18 Feb 2021

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MRPL has two cargoes of crude coming in (end-of-the-week data)
8One from Zirku Island and the other from Ras Tanura
8Paradhip refinery's current cargoes are originating from a wide variety of sources: Mexico, Massango terminal, Galveston, Okono and Agbami

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More LNG cargoes are now headed towards India after JKM prices have settled down to more realistic levels
8End-of-last-week data shows 2570840 cubic metres of gas headed in

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