News & Bulletin Updates

A revision in DEG prices has been announced at Dahej.

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Formosa Plastic has announced its offers in India.

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On January 18, 2021 butyl acetate prices moved up in the imported market.

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Jan 18, 2021: PVC offers in India

LG Chem has announced its offer for PVC.

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A revision in PS prices has been announced by Supreme Petrochemical.

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On January 16, 2021, MIBK prices witnessed a rise in Mumbai.

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On January 16, 2021, Petrochem sources confirmed that Ethyl Acetateprices have slipped in the Mumbai market.

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On January 16, 2021, acetonitrile  prices drifted down on the back of weakening demand and shortage of supply.

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

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Prices for cyclohexane have been revised by GSFC.

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A revision in acetone prices has been announced at Dahej.

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Prices for MEG have been revised by Aegis.

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Chloroform prices revised at Dahej.

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On January 16, 2021 imported phosphoric acid prices edged lower in Delhi.

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On January 16, 2021 butyl cellosolve prices moved up in the imported market.

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Jan 15, 2021: IOCL restarts PP unit

IOCL restarted its 340,000 MT/year PP unit
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We are tracking 0.79 million tonnes of fertilizer imports
The main importers are
8MMTC
8IPL
8IFFCO
8Coromandel
8Paradip Phosphates
8Indorama
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Paradip Phosphates and IFFCO are unloading cargoes of
8Sulphuric acid
8Phosphoric acid
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8A three-company combine is bringing in a cargo of methanol
8Find out which are these companies
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8MRPL is bringing in two shipments of paraxylene
8They are coming in from BP Singapore
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Grasim brings in:
8 Methanol
8 Paraffin Wax
This is coming from Sabic
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8NEOS Styrolution India Ltd brings in 5247 tonnes of styrene monomer from Samsung
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8Payal Polyplast is bringing in a large cargo of chemicals from Sasol in South Africa
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Jan 15, 2021: RIL's import matrix

The current imports by RIL are:
8Benzene
8Paraxylene
8Orthoxylene
8Ethylene
The quantities are large
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There is a lot of turmoil in the market.
8Asian gas prices have shot through the ceiling
8The spread between naphtha and end products has narrowed considerably as feedstock prices rise.
8In the midst of all of this upheaval, imports of chemicals seem to have come down
8We are currently tracking just about 89 lakh tonnes of cargoes.

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