News & Bulletin Updates

On March 23, 2021 MTO prices were assessed lower in the Ahmedabad market.

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Deepak Phenolics has announced a revision in acetone price.

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Octanol prices increased in the Delhi market on the back of high demand in the regional market.

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2EHA prices in the Mumbai polymer market have remained flat since last three days.

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On March 23, 2021, moderate buying activities were reported by our Petrochem analysts in the polymer markets of Chennai.

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Price changes in the Mumbai polymer market have been reported by our analysts.

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Petrochem analysts have reported price changes in HDPE and LLDPE in the Delhi polymer market on March 23, 2021.

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Price changes in HDPE and LLDPE as of March 23, 2021, in the Kolkata polymer market has been reported by our Petrochem analysts.

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On March 23, 2021, the purchase trend for EVA Increased by Rs.3-4/kg in the polymer markets of Mumbai, Delhi, Chennai, Ahmedabad, and Hyderabad.

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An increase in PVC imported and RIL K6701 grade prices has been noted on March 23, 2021.

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8We cover a detailed coverage of petrochemical prices
8Catch here the full petrochemical price matrix for the day

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8A complete round-up of chemical prices as of today

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8As of today, we are tracking around 1.16 million tonnes of chemical imports
8Get the full data here

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87.23 million tonnes of crude imports coming up

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Price changes in HDPE and LLDPE in the Hyderabad polymer market has been reported by our analysts.

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Petrochem analysts have reported price changes in HDPE and LLDPE in the Jaipur polymer market on March 22, 2021.

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Mar 22, 2021: LNG imports ahead

8Get the LNG import matrix for the day
8We are keeping track of 2.8 million cubic metres of LNG

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Price changes in the Bangalore polymer market have been reported by our analysts.

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Capacity utilisation at Reliance Industries Limited (RIL) and a few state-run refineries declined in February amid weaker fuel demand and planned maintenance shutdown.

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India's crude oil processing fell to its lowest in four months in February, retreating from a near one-year high hit in the prior month hurt by higher crude prices and weaker fuel demand in the country.

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Oil prices resumed their decline on Monday, falling around 1 per cent as worries about a drop in demand for fuel products in the wake of yet more European lockdowns dominated trading.

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Goldman Sachs sees the oil price pullback as a buying opportunity and forecasts Brent crude reaching $80 per barrel this summer even as the recent rally in prices "takes a big breather."

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India's gas market is in a sweet spot with the completion of new trunk pipelines and the increased availability of both domestic and imported gas.

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Crude oil futures fell 2.19 per cent to Rs 4,337 per barrel on Friday as participants reduced their positions on low demand.

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The United States on Friday condemned the drone strike on a Saudi oil refinery claimed by Yemen's Huthi rebels, calling it an attempt to "disrupt global energy supplies."

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