News & Bulletin Updates

Jan 25, 2021: Budget expectations

8The budget is around the corner. So, find out what the expectations are for these sectors:
8Automobiles, aviation, banking and finance, cement, fertilizers, healthcare, hospitality, infrastructure, oil & gas, pharmaceuticals, power, retail, road, steel, telecom, and textiles.
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Tracking 1.19 million tonnes of fertilizers imports made up of:
8Urea
8MOP
8Ammonium Sulphate
8Sulphur
8Rock Phosphate
8Know more

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8As of today, we are tracking around 1.05 million tonnes of chemical imports.
8Get the full data here.

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8We are tracking around 7.7 million tonnes of crude import as of today.
8Get the full data here, in terms of where the crude is coming and which refinery it is going into.

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Reliance Industries Limited has announced a price protection scheme in LDPE.

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8Historically low volumes of LNG are currently being imported in India, creating a big supply gap.
8All spot LNG cargoes are currently off, and only long term cargoes are coming in
8Currently, only around 1318431 cubic meters of LNG is lined up for import until mid-February.
8This the lowest volume recorded by us ever since our port-based reporters have started documenting LNG import cargoes.

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On January 25, 2021, acetonitrile prices increased in the Ahmedabad market.

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Import prices of chemicals have increased in Ahmedabad.

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On account of improved product availability and favourable import offers PVC prices reduced marginally in the domestic market.

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Jan 25, 2021: MEG prices revised

MEG prices have been revised in Mumbai.

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On January 25, 2021, sulphuric acid prices moved up in the domestic market.

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On January 25, 2021, methanol prices slipped in the domestic market.

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8We offer you the most accurate polymer prices

8The prices are gathered from a cross section of the industry including producers, processors, traders and distributors

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8RIL sees higher volumes in Q3, 2020-21 on the back of higher sales of petrochemicals
8Also, the company shifted product placement from exports to domestic market
8Both margins and prices improved
8Clearly, the pressure came on the downstream processing industry which had to battle both high feedstock prices and sticky end markets in the aftermath of COVID-19

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8No one does chemical prices as we do

8Get the full chemical price movemnt for the day here

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8We have the complete bulk prices of Mumbai chemical market.

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8Get here the complete price matrix of today's Mumbai chemical prices.

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On January 23, 2021, Petrochem sources confirmed that MIBK prices have slipped in the Mumbai market.

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A price revision for ethyl acetate has been announced at Dahej.

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Prices for MEG have been revised by Aegis.

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A revision in DEG prices has been announced at Hazira.

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A roundup of Hyderabad polymer market as of today.

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Mumbai polymer market as of today.

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GNFC Group has announced a revision in its Acetic Acid prices.

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On January 23, 2021, caustic soda flakes prices moved up in the domestic market.

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