On February 2, 2022, the delhi market witnessed a rise in glyceryl monostearate prices.

Lauric acid prices fell in the Delhi domestic market today.

A sharp fall in DOA prices was recorded in the Ahmedabad chemical market today.

EGMBE prices are improving in the Mumbai chemical market.

According to sources, a fall in pure polyester yarn prices was registered in the Mumbai market due to poor demand.

Steady buying has lifted light soda ash prices in the domestic market of Mumbai. 

Prices for trichloromethane are reduced in Delhi.

Dichloropropane prices have escalated in the Mumbai market today.

Good demand has pushed fumed silica grade aerosil 200 prices in Delhi.

A fall in polyester prices was registered in the Delhi market today.

Petrochem sources on February 2, 2022 reported a fall in caprolactam prices in Mumbai.

Prices of rPP injection molding (polythene scrap) have come down in Mumbai.

MP Diol  prices have escalated in the Kandla market today.

Steady buying has lifted styrene monomer prices in the imported market of Hazira. 

On February 2, 2022, IPA prices moved higher in the Delhi market.

Prices for NBA are reduced at Hazira.

On Feb 2, 2022, Petrochem sources reported a fall in MEK prices in the Kandla market.

On February 2, 2022, the Kandla port witnessed a fall in BAM prices. 

8The government is taking the first steps to making non-oil based products. Four pilot projects for coal gasification and conversion of coal into chemicals required for the industry will be set-up to evolve technical and financial viability. This is what the Union finance minister said today
8There are also customs duty modifications done on chemicals, fibers, silk and assorted products

Get the market outlook here for the Asian markets for
8Naptha
8Methanol
8Styrene Monomer
8Isomer-MX
8Toluene

MRPL reported a higher than estimated EBITDA and PAT.
8Refining throughput was in line with our estimate at 4.4mmt (+42% YoY), implying a utilization rate of 117%. Fuel & loss and energy consumption stood at one of the lowest in the quarter
8But doubts remain about the long run

8Singapore last week joined the Pacific Alliance to form the Pacific Alliance-Singapore Free Trade Agreement (PASFTA), to strengthen economic integration of the countries involved

8Deepak Fertilisers has registered strong topline growth across business segments
8Operating Profit continued to build on growth momentum despite unfavourable raw material prices impacting IsoPropyl Alcohol production
8Despite a large fertilizer division, the chemical Segment contributed about 93% of total segment profit

8HPCL wants to hit net zero by 2040

8There is a bulk sale happening for benzene