News & Bulletin Updates

A producer from the Middle East is heard to have offered its PE in China.

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8We carry here a wrap up of today's Petrochemical prices
8We monitor hundreds of petrochemical products, grade-wise and across geographies

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8The most accurate prices that you can ever get
8Get the chemical prices round-up here for the day

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We are tracking 0.96 million tonnes of chemical imports over the next few days in India at different ports
8Around 0.68 lakh tonnes of chemicals is coming in at JNPT
8Around 0.7 lakh tonnes of chemicals is unloading at Hazira

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8A total of 6.71 million tonnes of crude imports are getting tracked
8RIL has lined up roughly 1.7 MMTPA of crude imports into India in the coming days

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8This is the lean season for fertilizer imports
8Even so we are tracking over 4 lakh tonnes of cargoes made up mostly of rock phosphate and urea

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82.33 million cubic meters of LNG coming in the days ahead
8Get the full matrix

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8A pilot project has been launched by a big fertilizer company to develop agricultural advisory services

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8As new COVID cases surge, find out how the IFFCO MD is leading his company by example

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8With Covid-19 infections continuing to climb, the economic outlook remains fraught with uncertainty.

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The Ever Given container ship that has been blocking the Suez Canal has now been freed, maritime services provider Inchcape Shipping has said.

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Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold and attention switched to an OPEC+ meeting this week where the extension of supply curbs may be on the table amid new coronavirus pandemic lockdowns.

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The slide in global crude oil prices on Monday gave hope for a similar fall in domestic petroleum prices.

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The blocking of the Suez Canal by one of the world's largest container ships is likely to result in losses worth hundreds of millions of euros for the reinsurance industry, Fitch Ratings said, even as rescue teams were successful in partially refloating the vessel on Monday.

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Saudi Arabia is prepared to support extending oil cuts by OPEC and allies into May and June and is also ready to extend its own voluntary cuts to boost oil prices amid a new wave of coronavirus lockdowns, a source briefed on the matter said on Monday.

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Centre's move to allow the direct sale of ethanol as a fuel for compatible automobiles is expected to boost demand, said India Ratings and Research (Ind-Ra).

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8One Urea Shipment is coming up on 01 April 2021
8Two Rock Phos shipment is coming up on 31 March & 1 April 2021

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Ammonia-Urea Brownfield Project
8Cost - Rs 6000 crore
8Project Event: The procurement work is ongoing, RFQ for the Steam Generation Plant has been out and the bid due date has been extended from 25 March to 12 April 2021 due to technical amendments. 

Phosphoric acid Expansion Project 
8Cost - Rs 190 crore
8Project Event: The proposal for the term of references has been accepted and the final EIA report preparation is ongoing, proposal for the environmental clearance is likely to be submitted in April 2021.

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8Pertamina has halted operations at its Balongan refinery.

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8Shell Chemicals is in plans to take its butadiene unit off-stream.

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8BOREALIS is in plans to start maintenance at its phenol and acetone plant.

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8TPC Group is in plans to resume production at its butadiene plant.

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8LG Chemical has halted production at its cracker following an unplanned outage.

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8Formosa Chemical and Fibre Corp has started maintenance at its PTA unit.

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The international crude oil price of Indian Basket was quoted at around $63.22 per barrel on March 30, 2021.

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