All the limits are over now, and the oil & gas market is on fire
8Crude prices will continue to climb much higher, according to all estimates.
8This should come as music to Indian E&P players
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8With KG-D6 R cluster project has been completed, now that gas flows are at over 4 mmscmd already
8The project has many technological firsts.
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8Qatar and India have put together a team to identify specific oil & gas projects where Qatari investments can come in.
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Project Name: Numaligarh-Itanagar Greenfield Product Pipeline Project
8Project Cost: 470 crores
8Project Description: Numaligarh Refinery Limited (NRL) is planning to lay a product pipeline from Numaligarh to Itanagar with a capacity of 0.5 MMTPA in order to improve petroleum product supply in the North Bank of Brahmaputra.
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As of today, we are tracking 6.2 million tonnes of crude coming into India in the next week or so.
8The waiting period has come down to normal in Paradip and Cochin.
8In Mumbai, where both BPCL and HPCL take in cargoes for their refineries, there are three vessels on wait.
8The crude is coming in from an assortment of terminals from around the world.
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1.08 million tonnes of chemicals are currently headed towards India.
8In all there are over 150 shiploads
8We are tracking all of them
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1.17 million tonnes of fertilizers is headed in.
The main receivers are
8Iffco
8GSPC
8Indian Potash Ltd
8MMTC
8RCF
8Coromandel Fertilizers
8Paradeep Phosphate Ltd
8Indorama
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8One Urea shipment is coming up on 12 Jan 2021.
8One Phos acid shipment is coming up on 12 Jan 2021.
8One Sulphur shipment is coming up on 14 Jan 2021.
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8IIFCO is getting in 18819 tonnes of sulphuric acid
8Then there is another 18000 tonnes coming in.
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8A cargo of N Paraffin is being shipped in by Abacus
8It has landed at Hazira
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8Styrene monomer is being brought in by Ineos Styrolution India Limited
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8A 3150 tonne of butadiene is coming in
8Who is getting it?
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8A cargo of ISO Nonyl Alcohol is being brought in by Payal Polyplast
8The port where it is landing is Hazira
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8Cleanes PTE is bringing in a cargo of acetic
8It has come from Singapore
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8A cargo of LAB lands in Mumbai
8The quantity is 2497 tonnes
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No one covers petrochemical prices like we do. Here is today's grade wise coverage of petrochemical prices.
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We provide accurate chemical prices. Prices are based on information gathered from a cross section of the industry including from producers, processors, traders and distributors.
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In accordance with the price revision announced by RIL the Indian PE market has remained stable.
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Our analysts after talking to various sources and traders in the domestic market have reported a price increase for HDPE BM.
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As per our analysts and reliable domestic market sources, methanol prices have been decreasing continuously this week.
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On January 12, 2021, benzene prices drifted down on the back of weakening demand and shortage of supply.
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MX prices have increased continuously this week indicating a shortage of supply with growing demand in the Mumbai market.
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On January 12, 2021 methanol prices moved up in the imported market.
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On January 12, 2021, styrene monomer prices increased in Mumbai.
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Our analysts have formulated an in-depth price outlook of the Indian chemical market
Get the complete price matrix here
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