News & Bulletin Updates

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

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On February 13, 2021, Petrochem sources confirmed that EDC prices have slipped in the Kandla market.

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A revision in its Chloroform prices has been announced at Dahej.

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A revision in VAM prices has been announced at Hazira.

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

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A revision in benzene prices has been announced at Panipat.

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Aegis has announced a revision in its MX prices.

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Caustic Soda Lye prices have been revised at Dahej.

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A revision in GPPS prices has been announced by Supreme Petrochem.

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8A round-up of all chemical prices in India
8Get it all here for the day

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We are tracking 1 MMT of chemical imports
8Port wise, product wise, quantity wise, buyer wise, dispatch port wise data
8It is all forward looking data

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IOCL's Paradip refinery bids for the PTA project opened today
8It was a close race
8Find out who won

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8Our website is tracing RIL's crude cargoes coming in from:
- Ras Tanura (multiple cargoes)
- Covenas
- Mina Saud
- Ras Gharrib
- Novorossiysk
- Gola
8Vessel waiting is noticed in Kochi and Mumbai ports for crude cargoes

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How high will oil prices go in 2021?
8This is on the minds of the E&P crowd in India
8Here is an analysis

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When is the next round of planned shutdowns due in Indian refineries
8Here is an estimate

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8India's natural gas production has risen above the pre-COVID level following the start of output from a KG-D6 field operated by Reliance Industries Ltd and its partner BP Plc, upstream regulator DGH said on Thursday. 

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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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