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

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

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?

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

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

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

We provide the largest coverage of petrochemical prices in India.

India is a land of opportunity and that story stays intact, lockdown or no lockdown
8Just yesterday, around Rs 10,000 crore of downstream refinery-cum-petrochemical projects saw conclusion.
8And for the winners this will be the biggest bonanza in a long time.
8One of the projects at Rs 8600 crore is the biggest ever to be eventually awarded.
Find out more

Get as-of-today chemical price matrix for India.

8There are many low-volume base oil imports taking place at Mumbai port
8Check out what the volumes are over the next few days

On December 18, 2020, Petrochem sources confirmed that acetic acid prices have slipped at Mumbai/Kandla port.

According to reliable domestic sources, on December 18, 2020, MEG prices have increased in the Mumbai market.

Import prices of chemicals have increased in Kolkata.

As per reliable sources, VAM prices in the Mumbai market have been increasing since the last few days.

On December 18, 2020, SM prices slipped in the domestic market.

As of December 18, 2020, Ethylene Dichloride (EDC) prices have been found to be steady in FE Asia, SE Asia, China, NW Europe, and the US Gulf.

Naphtha prices have been registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

ABS prices in India are likely to remain steady as demand for raw material is expected to remain stable

8We have for you the fertilizer import matrix for the coming days

PVC prices have been revised by Chemplast Sanmar Limited.

Reliance Industries Limited has announced a revision in PVC prices.