News & Bulletin Updates

Get the full list here, of all petrochemical prices, grade wise as of today,

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Here the highlights:

8Unplanned outage at IOCL’s PP plant

8Sources: HPL resumes HDPE/LLDPE production

8TPC Vina to restart No, 2 PVC unit

8Fujian Petrochemical halts production at PX unit

8Hanbang Petrochemical lowers run rates at PTA plant

8PetroChina Dusbanzi halts operations at ethylene cracke

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We bring you prices prevailing as of today, for chemicals, collected by our team from across the country.

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Supreme Petrochemical Ltd has announced a revision in PS prices.

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As per reliable sources, methanol prices in  Mumbai and Kandla have been increasing since the last few days.

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Dec 19, 2020: MEG prices revised

Reliance Industries Ltd raises MEG prices. With effect from December 19, 2020,

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On December 19, 2020, Petrochem sources confirmed that acetic acid prices have slipped at Mumbai/Kandla port.

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According to domestic industry sources, Reliance Industries Ltd has announced a revision in DEG prices.

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As per reliable domestic sources, on December 19, 2020

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8We have the full data of crude oil coming into India
8This is imports coming in over the next few days
8Where is it coming from, who is buying it

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8What kind of LNG cargoes are getting imported into India over the next few days?
8And who is bring them in, and from where?

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8We have various proprietory information in this website collected across our different verticals. 
8The intelligence available on our sites is of a very high order and are collected by scouts, engineers, journalists, analysts and editors across the country. 
8Some of the largest companies in India and across the world are our subscribers.
8Plesae see the terms of use of this website. Clients are allowed to use this information internally under specific conditions but it cannnot be put to third party use.
8We have initiated litigation on some parties for using of our proprietory data and intelligence for onward exposure to third parties, something which is expressly banned under our terms of use.

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8A bitumen cargo is coming in on behalf of  GP Global  

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Dec 18, 2020: Ethane cargo at Dahej

8Dahej is getting an ethane cargo
8For RIL

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8RIL and Panama Petrochem are bringing in two cargoes of Methanol
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8Finolex has four cargoes coming in
8One of ethylene
8Two of EDC
8One of VCM

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8Verious is bringing in 3500 tonnes of BMO
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The waiting period for BPCL's vessels at Mumbai has gotten longer, meaning that the refinery there is unable to take shipments
8Vessels have also started piling up in Paradip

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8Green hydrogen cost could fall below USD 2 per kilogram mark – low enough to compete – within a decade. This opens the way for large-scale manufacturing capacity, new jobs and economic growth.

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There is no limit in terms of ambition when a company wants to think big
But this Rs 10,000 crore ammonia-urea project is on hold, for now

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8The incredible highs and lows of 2020 translated to record rates and record profits, quickly followed by desperately poor earnings — some touching 11-year lows.
8Where is the shipping industry headed now?

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8There is a lot of uncertainty ahead in India's largest  petrocehmical engineering company.
Find out why.

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GAIL is bringing in a direct cargo from Sabine Pass
8Usually these cargoes are swapped but prices may be such now that direct imports are getting viable. Otherwise the transportation cost, plus high HH based terminal pricing and low import prices in India, make bringing a vessel all the way from India uneconomical.
8Or it is possible that this one could not be swapped, could not be placed somewhere else, so is heading to India

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An LOI was granted  for another an acrylic acid and butyl acetate unit, worth Rs 1872 crore
8This takes the total finalized levels yesterday to  over Rs 10,000 crore
8It looks like it never rains, it pours in India

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