On February 2, 2021, caustic soda flakes prices drifted lower in the domestic market of Delhi.

PAN prices have increased continuously this week indicating a shortage of supply with a growing demand in the indian market.

On February 2, 2021 slow buying activities were observed in the open markets of Delhi.

On February 2, 2021 slow buying activities were observed in the open markets of Mumbai.

According to domestic market sources, on February 2, 2021 PVC imported and RIL K6701 grade prices were assessed lower in the domestic market.

ABS prices in India are not likely to undergo any major change in the near term as demand for the raw material is expected to remain stable.

The international crude oil price of Indian Basket was quoted at around $55.18 per barrel on February 2, 2021.

The budget has tinkered around with the duty structure for chemical imports in quite a number of ways
8The customs duty on carbon black has been raised from 5 to 7.5%
8For builders ware of plastics, it has been raised from 10 to 15%
8There are also many other changes which were made
Click on Reports for more.

8Clearly, as per the budget announcement, there is likely to be large scale mergers and privatization in the oil and gas sector
8The contours of this policy will be evident in the months ahead

8Delhi is a durbar, and this is something that has not changed in the last 1000 years
8Find out how gas reforms were pushed through in the Union budget

8The fertilizer sector never had it so good as it has in this budget

8The budget allocation went up to a staggering Rs 133947 crore in 2020-21 under revised estimates from Rs 71309 crore, thereby eliminating all outstanding payments in the sector

8The allocation for the forthcoming year is pegged at Rs 79529 crore, which should take care of the running subsidy bills for the government

Click on Reports for more

Has global oil & gas major, Shell, got a different game plan for the Hazira LNG terminal?
8Now that the LNG terminal has been running dry for the last one month, with the next cargo coming up on February 23 next?
Click on Reports for more

8GAIL and HPCL, BPCL, IOC pipelines are to be monetized
8How will it pan out, how will that be done?

The main imports that we are tracking, among others, are:
8Base oil
8Methanol
8Paraxylene
8Phosphoric acid
8Sulphuric acid among dozens of other chemicals.

8A cargo of butyl acrylate is brought in by Berger Paints

8It is coming from Jiangyin

8A shipment of acetic acid is coming in
8The quantity is 5000 tonnes
Click on Reports to find out more

8Find out where Reliance is sourcing its EDC cargo from
Click on Reports to find out more

8OMPL is taping a shipment of benzene from Aramco Chemicals
Click on Reports to know more

Ammonia-Urea Brownfield Project 
8Cost - Rs 6000 crore
Some packages are still not finding bidders
Effluent Treatment Plant Up-gradation Project
8Cost - Rs 101 crore

8975637 cubic meters of LNG expected at Dahej for over the coming days
Find out more about the LNG import matrix as updated today

8Get the latest fertilizer import data, here

8Find out who is importing how much

8This is a daily import matrix that our team collects from different ports

8Total crude oil imports on which we are keeping tabs as of now is 6.8 million tonnes

8Click on Reports for the complete breakup

8Here is today's grade wise coverage of petrochemical prices

8We have the best daily news analysis of the chemical prices in the country

8Here is today's coverage of chemical prices

Effective from February 2, 2021, unless otherwise specified, polycarbonates have become costlier.