News & Bulletin Updates

8A wrap up of today's petrochemical prices
8We constantly strive to keep you abreast with the daily petrochemical price movements

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8Get here today's chemical prices of the entire country

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Chemical import volumes are down about 25%.
8Covid impact?
8Also, prices had shot up, forcing the secondary producers to cut back output in India
8Most of you may know we run India's largest petrochemical pricing site, with a comprehensive news bulletin segment. In fact, that is the biggest site in our stable, with hundreds of clients
8Out data shows that a cracker has taken an emergency shutdown
8Read more, on the chemical import matrix as well as the shutdown
8Also know more on how RIL is now depending on petrochemical than refinery margins

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Dabhol and Dahej LNG terminals are running as full as they can
8Mundra is expecting a cargo on the 22nd
8Shelll's Hazira terminal has little business as usual: For now, cargo is expected today by RIL from Sabine Pass and the next as far as our data show is in May
8"What the Shell staff has become is lazy. They should wade in and get the business so that their facility can run on gas demand generated by them instead of just tolling. And it has been years and they haven't done much on that front, blaming the system instead," a top GAIL executive told this website. Possibly command-control structures are weak and there is perhaps less accountability, he went on to add
8Cochin and Ennore are expecting two cargoes each

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The crude cargo line up for India as of now is at around 6.58 million, which is kind of ok, despite the proliferating virus
8Not much cargo pile up except at Paradip, where, as many as three vessels are waiting to unload
8This may not be a demand slump, could be some other problem, Pradip always had a vessel waiting issue for assorted reasons

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Lean season for fertilizers now
8But a lot of rock phosphate is coming in

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8Formosa Plastics is shipping in a cargo of butyl acrylate
8Jesons Industries is the receiver

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8Nitric acid to off-load in Hazira
8Find out when it will be off-loaded

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Get phos acid and sulphuric acid import data here
8Shipment schedules, how much, and who is bringing them in

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8A small cargo of butyl acrylate is coming in at Hazira
8It will be landing tomorrow

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8A full 46000 tonnes of ethane for RIL
8Find out to know more

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8Three LSTK packages are coming out of the Numaligarh refinery
8Find out what they are and what kind of timing are we talking about

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8There was a reverse auction in Vedanta for two rigs for their Rajasthan main block
8Find out what the rates are

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The current gas grid access and capacity booking mechanism in India does not provide transparency and consistency to grid users.
8A countrywide uniform grid code would ensure that all users are treated in a transparent and equitable manner
8Here is an interesting perspective

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8EIL will have a new boss in less than 10 days
 Find out more, but the final appointment will take time

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L&T's engineering group has 600 employees in India and the UAE have completed more than 500 projects worldwide.
8Here is one more feather in the cap

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Proven and emerging technologies and operating approaches, if applied at scale, will be enough to take energy-intensive companies perhaps 40 percent of the way along the emissions-abatement curve. The remainder of the journey will require big bets and big steps into the unknown
8But larger emitters in India should not hide their head in the sand and find safety in numbers
8It can well be net zero and bust and running to the government may not help
8So preparation is needed from now. Teams have to set up right away

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There is a lot of interesting data here
8Everyone should be interested

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Styrene monomer prices are slowly increasing in the Kolkata chemical market.

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C9 solvent prices have moved lower in the Chennai market

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The domestic market witnessed a sharp fall in the overall LLDPE demand from several downstream sectors.

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Ethyl Acetate prices have been revised at Ex-Jubilant.

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Toluene prices have been reduced by RIL.

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On April 16, 2021, acetonitrile prices fell sharply in the Mumbai market.

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On April 16, 2021, Petrochem sources reported a fall in EVA prices in Mumbai.

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