The line-up of LNG vessels coming into India suddenly looks far shorter than before.
8Why is that so?
8It is quite possible that spot cargoes have completely dried up, now that spot rates are at $20/mmbtu.
8And only term cargoes, at crude linked or Henry Hub linked pricing, are coming in.
8According to studies made, Indian appetite for absorbing incremental gas at large enough volumes is at a price range of around $6-7/mmbtu, beyond that point, its appetite wanes.
8At $20/mmbtu JKM price, there will be zero buyers for gas.

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India centric crude tonnage we are currently tracking is at 6.5 million tonnes.
8The only port where vessel waiting is seen is at Paradip at the moment.
8Two vessels are on wait and our data is not showing unloading at the port at this moment.

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India imports a wide variety of chemicals.
8From paraxylene to acetic acid to benzene to butadiene to methanol to sulphuric acid to hexane to base oil to caustic soda to styrene monomer to ethanol.
Click on Repports to know more on India's chemical matrix

8What is the final cost arrived at for the Panipat refinery?
8And when is capital approval likely?

Customized Blending Unit for NPK Fertilizer & Ammonia Storage Tank Greenfield Project  
8Cost - Rs 90 crore
8Project Event: The project is on hold due to the company's internal issues. It is likely to activate in Q1 2021. RFQ for the Contractor is likely to be released in Q1 2021
NPK-SSP & Sulphuric Acid Expansion Project  
8Cost - Rs 15 crore
8Project Event: RFQ for a contractor is likely to be released after the environmental clearance. The public hearing has been completed but environmental clearance is due and valuation is ongoing, It is likely to be elicited at the end of Jan 2021 in place of December 2020. RFQ for the EPC contractor is likely to be released in February 2021

Two good and inexpensive supply chain conferences are coming up, all virtual
8One is on how blockchain technology can help
8And the other is on using IOT for supply chain optimization
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8Two caustic soda shipment arriving in Vizag

8The quantity is 47,994 tonnes

8Find out to know more

8After RIL, MCPI Pvt Ltd is the largest importer of paraxylene in India.
8Find out how much is getting imported and from where

8A small cargo of hexane/MMA has landed yesterday

8The quantity is 1650 tonnes

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8Aramco is bringing in 6000 tonnes of benzene
Know more

8Finolex has two cargoes coming in
8One of EDC
8One of VCM

Get the full chemical price matrix for today here.

Looking at the current scenario, international offers for Indian ports and other price governing factors, it seems that Indian producers may announce revision in polymer prices.

Our Petrochem analysts have reported a price increase for HDPE.

On January 13, 2021, acetonitrile prices slipped in the imported market. This price fall was supported by weaker regional demand trends.

Our analysts, after interacting with various sources and traders in the domestic market, have reported an increase in HDPE prices.

This is a Rs 31000 crore capacity addition and petrochemical addition project
8Get the full details of the configuration here
8PFR report was prepared by in-house team and on the basis of which TOR was granted. Engineers India Limited (EIL) has been selected as the EIA consultant but due to COVID-19, there is no such progress in preparing the EIA report which also resulted in a delay for the project. The capital approval is still not granted by the board and it is expected by Q2:2021. RFQs for the PMC is expected after the grant of capital approval.
Click on Details for more.

The international crude oil price of Indian basket was quoted at around $55.76 per barrel on January 13, 2021.

On January 13, 2021, demand for acrylic was moderate and prices have been steady for the last week in the Indian market.

On January 13, 2021, SAN prices were constant in Mumbai, Delhi and Ahmedabad.

On January 13, 2021, mixed xylene prices increased in Delhi.

On January 13, 2021 n-hexane prices moved up in the imported market.

On January 13, 2021, acetic acid prices increased at Mumbai and Kandla port.

A producer from South Korean is heard to have announced its offer for PVC.

HOCL announces a revision in phenol prices.