News & Bulletin Updates

Acetic acid prices have increased in the Mumbai market.

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Toluene prices have been reduced by Aegis.

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Prices for IPA have been revised at JNPT.

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A producer from Saudi Arabian is heard to have offered its ABS in Bangladesh.

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A Saudi Arabian producer offers PE in Bangladesh.

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A Saudi Arabian producer offers PP in Bangladesh.

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A producer from Saudi Arabia is heard to have offered its LLDPE in India.

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8By our estimate from normal import levels, chemical imports are down about 12 to as much as 15% in volume terms

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8The China-Iran partnership can maul India's position in the Gulf

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The Dabhol LNG terminal seems to be still working into the first week of May. But it will not be long before pre-monsoonal weather shuts it down.
8Three cargoes are linked up, the idea for GAIL is to keep its 5 MMTPA tanks filled up, so that it can keep sending LNG after the port shut downs
8Due to ullage problems in Dahej, some cargoes are spilling over to Shell's Hazira terminal.
8Shell has now gotten used to over the years to free loading out of Dahej spillovers and Dabhol
8Meanwhile, COVID has meant that up to five LNG vessels have been diverted away from India

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As of today 7.2 million metric tonnes of crude is lined up for Indian ports
8Not a bad number but it is down more than 10% from peak levels noticed in the past
8Still difficult to say whether this is a temporary blip or induced by the lockdown
8Movement control is good, with no long waitings noticed
8Also, at the ground level all crude vessel movements continue to be normal at all ports and anchorages - with no disruptions, delays, congestion reported till date

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Import of LNG has been hit badly
8Find out why, as it is not entirely due to COVID
8As many as five cargoes are deferred

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In its Cambay block, this operator is playing a low stakes game for now
8But it has high ambitions, it claims

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There seems to be a widening LNG spread developing between JKM and West India LNG price marker
8Brought about by a sharp fall in Indian demand
8Will this spread continue to widen

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E&P giant is doing a massive COVID 19 purchase
8Total cost could be in hundreds of crores
8Hopefully the government will pay for it

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Offshore multi-block E&P campaign is to be launched
8And a big equipment and service requirements are coming up

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8COVID in India is now causing a global crew change crisis all over again

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8Not that much trading is happening but get Trading & Settlement Calendar for May 2021 for IGX

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Family businesses in India are facing the pressures of COVID
8How to keep these businesses safe and within the family?
8How to ensure that the legacy is protected?

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8CO2 emissions and how to control is now emerging as a point of concern across the world
8Two giants have signed a MoU with the objective to reduce the carbon footprint

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8The world has started pushing hydrogen production now
8And major companies are now looking at it with great amount of seriousness
8Find out more on what is actually getting done here, and what does the future hold for hydrogen

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85000 tonnes of normal paraffin is going to be off-loaded at Mundra
8The material is coming from Sohar

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8An EDC cargo is waiting to be off-loaded at Hazira
8Its a full 17000 tonne cargo

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8Many base oil imports are taking place at quite a few ports
8Check out what the volumes are

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8A shipment of phenol is coming in
8The landing port is JNPT

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