News & Bulletin Updates

On December 21, 2020 toluene prices were assessed lower in Europe. Prices fell, mainly on the back of weaker regional demand.

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We monitor more than 1500 prices every day on our petrochemical sites across different cities. We have the most comprehensive coverage in India.

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8There is a very interesting read on the myth of recycling
8Those involved must read it

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Dec 21, 2020: HR consultant needed

8Are you a HR consultant involved in manpower rationalization.
8Here is a big opportunity

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8For the Gulf countries, energy transition has been a tough call but they are gearing up to it
8Find out what is their strategy for the refinery and petochemical sector
8Also, get a list of petrochemical projects that are in the pipeline in the Gulf

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8The cargo is coming in from St Petersburg
8We are tracking 1.22 million tonnes of fertilizers

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8The waiting period for crude vessels has come down at BPCL's berth. These imports cater to BPCL's demand for its 8Mumbai refinery
8However, waiting has gone up in Haldia
8We are currently tracking about 10 million tonnes of crude coming in India in the coming days.

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8We have tabulated 1.16 lakh tonnes of chemicals headed towards India
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8Dhunseri Petrochem is bringing in a cargo of DEG/MEG
8The unloading port is Haldia

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8Kakinada's chemical imports in the next few days are dominated by Coromandel
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8A cargo each of Toluene and styrene monomer are coming in
8Brought in by Ponpure chemical

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8A butane/ethane cargo is being brought in jointly by IOC, BPCL and HPCL
8Dahej will also see another 46000 tonne ethane cargo
8This is coming at Dahej
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8Just Kandla port is currently handling 285015 tonnes of chemical cargo.
8Arrival dates are from today onwards till the end of the month.
8Since it is a daily list we carry, we will continue to populate it more arrivals as and when they show up on the radar

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8A 5800 tonne styrene monomer cargo is landing today in India
8Across Indian ports quite a few of these cargoes are coming in
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8As of today, we have recorded two RIL cargoes at the Hazira LNG terminal. One is from Ingleside and the other from Das Island
8Interestingly, the Meridian Spirit is undertaking a long journey from Sabine Pass to Dabhol, reaching Delhi at the end of December.
8With LNG prices shooting through the roof, Sabine Pass cargoes, usually they are swapped, have begun reappearing in India.

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The Indian gas sector is undergoing reforms
8But far will it go?
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RIL's gas production has begun in the KG Basin
8And this will start hurting LNG demand unless pick up in domestic demand more than makes up for what RIL is going to pump into the system
8Also, the gas is coming at a time when spot LNG prices are at a six year high
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What is the status of the Panipat refinery
8EIL is doing the backend work here
There is some movement here, it seems

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8This is a massive Rs 10,000 crore project implemented under a Chinese EPC contractor
Find out how is it faring.

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There has always been a tug-of-war between the big plastic manufacturers and the plastic processors
Different factors are at work
For now, processors are at warpath

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Daily prices are at the core of our website. We monitor at least five hundred different grades of chemicals mostly in Mumbai, Ahmedabad and Delhi as well as in other places.

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A producer from Saudi Arabia is heard to have offered it PP and PE.

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A revision in PP prices has been announced by MRPL.

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The demand for PBT saw some activity across major trading hubs in India.

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Polyurethane prices have moved up in the Indian chemical market, on account of good demand as of Dec 21, 2020.

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