News & Bulletin Updates

No one covers petrochemical prices like we do. Here is today's grade wise coverage of petrochemical prices.

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As per our reliable domestic market sources, C10 solvent prices may increase in the coming days.

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On January 07, 2020, PVC prices slipped in the domestic market.

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On January 7, 2021, MEG  prices drifted down on the back of weakening demand and shortage of supply.

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The price of crude oil in the US Gulf increased to $50.63/barrel (FOB) as compared to $49.93/barrel registering a rise of $0.70/barrel.

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PET prices in the domestic market were stable in spite of lower international prices.

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On January 7, 2021, methanol prices witnessed a rise at Kandla.

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

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Jan 07, 2021: Revision in PP prices

MRPL revises PP prices.

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Jan 07, 2021: PP prices raised

HPL increases PP prices.

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PP prices revised by HMEL.

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OPaL revises polymer prices.

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Jan 07, 2021: HDPE offers in India

A producer from Saudi Arabia has announced its offer for HDPE.

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Jan 07, 2021: PP offers in India

A Saudi Arabian producer has offered its PP in India.

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IOCL announces revision in polymer prices.

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Jan 07, 2021: RIL revises PP prices

A revision in PP prices has been announced by RIL.

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Phosphoric Acid & Sulphuric Acid Greenfield Project 
8Cost - Rs 1800 crore
8Project Event: The Company is in the process of discussions with Phosphoric Acid Process Licensors for the supply of Basic Engineering Package based on which the Company proposes to execute the project on an EPC basis. The finalization is still ongoing and it is now likely in Feb 2021. The company has already got an  NoC from the state pollution board. The RFQ for the EPC contractor is likely to be released in Feb 2021.
SSP/NPK Greenfield Project  
8Cost - Rs 70 crore
8Project Event: The project activities were adversely impacted due to COVID-19, Still, the feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance at the end of Jan 2021 instead of earlier  due to delay in the studies, RFQ for the contractor is likely to be released in February 2021

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8IOC board is all set to give more refinery expansion approvals
8But in which order are they expected to come?

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What is the latest status on RIL's gas output now that it has started commercial production?
8How much is being produced?
8When is the next tranche likely
8Also know more on why competing gas suppliers have been taken by surprise
8Already one prominent buyer is substituting around 1 cargo of LNG with local RIL gas.

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What kind of standard gas sales purchase agreement will RIL enter into for its gas?
8What are its main features?

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8Deepak gets into the fertilizer delivery space

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8A cargo of styrene monomer is coming in at Nhava Sheva

8There is another shipment at Hazira

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8So far this website has identified two cargoes of sulphuric acid coming in

8One brought in by IFFCO and the other by Coromandel International

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

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81103852 tonnes of assorted fertilizers are expected to arrive at Indian ports in the next few days
8Get comprehensive details in terms of vessel name, arrival data, port name, quantity, type of fertilizers as well as buyer and seller names.

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