On February 10, 2021, DOP prices drifted lower in the domestic market of Chennai.

The international crude oil price of Indian Basket was quoted at around $60.49 per barrel on February 10, 2021.

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

On February 10, 2021, demand for acrylic was moderate and prices have been steady for the last week in the Indian market.

Methanol prices have increased today indicating a shortage of supply with a growing demand in Mumbai and Kandla market.

On February 10, 2021, Petrochem sources confirmed that acetic acid prices have slipped in the Mumbai and Kandla market.

On February 10, 2021, caustic soda lye prices increased in the Delhi market.

The next ethane cargo for RIL is slated to arrive on March 13
8Port of origin Houston
Click on Reports for more on the entire chemical import matrix for India

Why is Shell's Hazira terminal running surprisingly dry when all other terminals are taking in normal cargo?
8Is this because spot prices are still higher, or is there more to it than meets the eye?
8JKM prices are setting down, and isn't it time that the terminal start reporting fresh cargoes?

A Rs 25 crore fine was imposed on IOCL for polluting the environment in a refinery
8The company has paid up but under protest

8A whopping 32 mmscmd of gas is processed in this terminal
8There was a fire on September 23, 2020
8What really went wrong
8Get an incident analysis here

The RIL-BP combine has just concluded a deal for an incremental 7.5 mmscmd of gas
8Find out why buyers were scared to put in bids

RIL has a massive 2.85 million tonnes of crude lined up for unloading at Sikka
8Find out where this crude is being sourced from

8The lockdown seems to have done more good than bad for some companies
8Andhra Petrochemicals Ltd is one of them

How did the market behave in the last one week in
8MTBE
8Isomer mixed xylenes
8Toluene
8Naphtha
8Ethanol

Ammonia-Urea Energy Saving Project    
8Cost - Rs 250 crore
Capital approval in April, 2021
Urea Expansion Project   
8Cost - Rs 52 crore
PMC contractor RFQ by April, 2021

8Why is there a buy order on Sumitomo Chemicals?
8What has the company going for itself?

8What exactly makes companies in the chemical sector see success?
8There are a combination of factors at work, but the basic fundamentals is to ensure an adequate return on capital.

The disagreement over India and Belarusian Potash price seems to be continuing
8One prominent competitor is saying that it is not sending potash to India

8Why did ethylene prices drop in Asia?
8There were some counter-cyclical trends at work.

8Why is it going to be bullish all the way for the chemical sector in India
8A combination of factors are at work to keep the sector buoyant for years to come.

HOCL has tuned out a great Q3 performance compared to the same period last year
8And despite the lockdown, nine months of the current year has turned out to be better than the nine month of the previous year.
8Clearly, the best is yet to come for the company

8Bulk handling of fertilizers tender out

8One Ammonia Shipment is coming up on 12 Feb 2021
8One Phos acid Shipment is coming up on 13 Feb 2021
8One Sulphur Shipment is coming up on 18 Feb 2021

On February 9, 2021, the purchase trend continued to remain soft, in the EVA open markets of Mumbai, Delhi, Chennai, Ahmedabad, and Hyderabad.