News & Bulletin Updates

Our Petrochem analysts have reported buying trends in the Ludhiana market as of March 2, 2021.

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On March 2, 2021, Petrochem sources confirmed that phosphonic acid prices have slipped in the Mumbai market. 

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Formaldehyde prices have increased in the Chennai market.

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Methanol prices in Kandla port have been increasing on the back of strong regional demand trends.

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BAM prices have increased today indicating a shortage of supply with a growing demand in the Ahmedabad market.

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Prices for Chloroform have been revised at Dahej.

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On March 02, 2021, the demand for PBT was moderate and prices have been remaining steady for the last week in the domestic market.

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On March 2, 2021 EVA price moved up in the Indian Polymer market.

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The international crude oil price of Indian Basket was quoted at around $64.54 per barrel on March 02, 2021.

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Phenol prices have increased today indicating a shortage of supply with a growing demand in the Mumbai market.

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BAM prices drifted down on the back of weakening demand and shortage of supply in the Kandla market.

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A revision in DEG prices has been announced at Hazira.

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A revision in benzene prices has been announced at Vizag.

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A revision in ethyl acetate prices has been announced at Ex-Ashok.

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Ethylene prices edged higher in Asia on March 1, 2021.

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On March 1, 2021, toluene prices were assessed higher in Asia.

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Mar 02, 2021: Acetone price revised

Acetone prices have been revised by HOCL.

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A Middle East producer is heard to have offered its phthalic anhydride in India.

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8Haldia Petrochemicals is aiming to become a 1 million tonne polymer capacity company
8Find out what kind of investments that will entail
8With this, a demand for an extra 3 lakh tonnes of naphtha will be created, which will be imported

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8Asian paraxylene prices are on fire
8How long will it take for prices to quieten down again?

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Sudarshan Chemical Industries Ltd has a domestic market share of 35%+ with a rich experience of 69 years in pigments, and has grown to become the world’s fourth-largest pigment manufacturer (from 20th in 2011).
8Know more about this company and what lies ahead

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Vihita Chem Private Limited company has a portfolio of over 100 products and clients from various industries including flavours and fragrances, drugs and pharmaceuticals, bio-chemicals and agro industries.
8Get a status update on the company

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8China is the world leader in chemical sales.
8India seems puny in comparison
8Also China's investments in chemical capacity is many times larger than India
8In terms of catching up, if at all, it will be a long time away

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8Recycled plastics, pushed by regulations, will end up with high demand
8Here is an example in which supply had fallen short of demand

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Following the coal wave in the US, get a list of plants where force majeure was applied.
8Also know more on the restarts which are happening now that there is a thaw in the freeze

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