News & Bulletin Updates

On February 9, 2021, moderate buying activities were observed in the open markets of Kolkata.

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On February 9, 2021, slow buying activities were observed in the open markets of Delhi.

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On February 9, 2021, slow buying activities were observed in the open markets of Mumbai.

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According to domestic market sources, on February 9, 2021 PVC imported and RIL K6701 grade prices were assessed higher in the domestic market.

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On February 9, 2021, caustic soda flakes prices drifted lower in the domestic market of Ahmedabad.

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8Catch the most accurate polymer prices for the day
8We bring you prices prevailing as of today

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On February 9, 2021, cyclohexanone prices went down in the imported market.

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Taking into account various inputs from different market representatives, our Petrochem analysts are of the opinion that this week might see an increase in PP and PVC prices.

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PVC resin suspension grade is being offered in India.

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A producer from the Middle East is heard to have announced its offer for LLDPE film grades.

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OPaL announces MoU linked scheme amount for January 2021.

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Benzene prices were assessed higher on February 8, 2021.

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On February 8, 2021 MEG prices were assessed lower in Asia.

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Open spec naphtha bid prices for 2H of March was quoted higher on February 8, 202

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A South Korean producer is heard to have offered its PVC in India.

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A producer from Vietnam is heard to have offered its PET in India.

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8We are currently tracking 1.08 million tonnes of chemical imports

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8Billionaire Mukesh Ambani's Reliance Industries has picked up two-thirds of its own new gas from KG-D6 block that was auctioned under new rules with state-owned GAIL and Royal Dutch Shell getting smaller volumes, sources said.

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8Get the full list here, of all petrochemical prices as of today

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8The website brings you prices prevailing as of today, for chemicals, collected by our team from across the country

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Lean season in the fertilizer sector means that bulk urea cargoes are not coming in now.
8Mostly MOP and rock phosphate cargoes are arriving

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The website is currently tracking 7.7 million tonnes of crude oil transportation to India.
8A benchmarking study is needed among various refineries to understand the transportation efficiency
8While a pricing analysis will need full pricing data, transportation and scheduling efficiency using only the vessel waiting time at unloading port can throw up some interesting results
8The website will do this at some point in time

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8Reports have it that Nayara had indeed notified the preferred bidders for their recent crop of refinery-cum-petrochem projects
8No LOIs have come through, it is learned

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The EPC business is going through a tough patch globally.
8In  India too, many EPC companies had come in, prospered for a while, and then faded away
8And the field has now narrowed down to a handful of players in the oil & gas space
8Clearly, this business is not for the faint-hearted

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Gujarat Gas has rolled back the discount given in the fist half of 2020 to its largest demand base, the Morbi ceramic cluster
8But the rollback was rescinded in December and a price rise was imposed in January after alternate spot LNG based supplies dried up
8All of this has however not dented demand
8One new ceramic cluster in fact is now coming up

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