News & Bulletin Updates

On December 8, 2020, PET prices remain unaffected in the international market.

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Naphtha prices have registered a downward movement in Japan while moving up in Europe owing to fluctuation in the markets.

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MEG prices for domestic repack have increased at  Mumbai port.

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Acetic Acid prices have increased continuously this week indicating a shortage of supply with a growing demand in the domestic market.

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Get India's most comprehensive daily coverage of daily petrochemical prices.

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Our chemical coverage is the best in the country.

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RIL has a massive lineup of 2.4 million tonnes of crude for processing at Sikka
Paradip, Vizag and Paradip is witnessing low tariff because of bad weather.

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Get the full chemical import matrix here. All imports coming in the next 10 days covered here

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At Haldia, MCPI is getting in paraxylene and acetic acid in different cargoes
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JNPT will see unloadings of MEG, mixed xylene, orthoxylene, acetic acid and VAM
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Mumbai port will see an assorted range of chemicals coming in over the next one week.
And these will include: base oil, acetic acid, styrene monomer, MEG among others
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3000 tonnes of acetic acid is coming in tomorrow
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A 15420 tonne MEG cargo is expected on 11 December at Hazira
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Mitsui is getting in 15,000 tonnes of EDC for RIL
RIL is also getting in another 10,000 tonnes from elsewhere

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Get RIL's bulk paraxylene imports at Sikka for further processing
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2.36 lakh tonnes of assorted chemicals are arriving at Kandla in the coming days.
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2000 tonnes of Alpha Plus-1 material is being imported by Payal Polyplast
The cargo is expected at Mundra

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 IOC has an unusual LNG sourcing policy
8It is a rare importer unlike it peers. Despite a full LNG team in place, progress made is slow in getting more cargoes in.
8Here is a cargo coming in from Equatorial Guinea

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India is one of the largest buyers of fertilizers
8And imports from China continue to come in

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Here are the highlights:

8Sources: OPaL undertakes planned shutdown at PP plant

8Dhunseri to halt production at Haldia PET plant

8Advanced Petrochemical to set up new PDH, PP units

8Tomet restarts Methanol plant

8Eneos to start maintenance at Kawasaki cracker

8Vynova eyes maintenance at PVC plant

8CRC to takes its PET plant off-stream

8Vietnam Polystyrene to shut EPS plant

8TPC Vina to resume production at No. 2 PVC unit

8Fujian Fuhaichuang to shut PX unit

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A Brazilian producer is heard to have offered phenol in India.

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A producer from Saudi Arabia is heard to have announced its offer for LDPE Film grade.

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Import prices of MIBK, MEK, SM, IPA and MEG have increased in  Chennai.

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A producer from the MIddle East is heard to have offered its polymer in India.

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Acetic Acid prices have continuously increased from this week indicating a shortage of supply with a good demand.

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