News & Bulletin Updates

DEG prices have moved higher up at Hazira.

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VAM prices in the Mumbai market registered a fall today.

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8Run rates are being reduced in this giant styrene monomer plant because of low margins

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SRC Chemicals Pvt Ltd manufacturers calcined lime (Quick Lime), ferromolybdenum, ferrochrome and ferro manganese
8The future is looking up in light of an improved outlook for steel consuming sectors
Note: We have assembled a team together to provide you extensive metal and steel prices beginning next month

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Nov 17, 2021: Bulk sale of toluene

8Bulk sale of toluene is taking place from a major petrochemical complex
8You can put in your bids should you want to

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Nov 17, 2021: Weekly rubber futures

8Get the Japan weekly rubber futures report here

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8Aadya Plast produces pet preform which is in the form of a capsule and is used to make the plastic bottles. It has an installed capacity of 210 tonnes per month as of August 27, 2019. It caters to the packaging needs of distilleries, beverages and other similar sectors
8Find out more

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Shubhalakshmi Polyesters makes polyester chips, partially oriented yarn (POY), fully drawn yarn (FDY), polyester staple fiber (PSF) and wide varieties of textured yarn (including double twist yarn, air texturing yarn, monofilament yarn and draw twisted yarn.
8It has total loans worth Rs 1346 crore
8But doesn't it want to get rated?

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8Get the full petrochemical price matrix for today here
8This is the most comprehensive coverage that you can ever get

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8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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8Our daily coverage now extends to over 200 chemicals
8No one in India covers as many chemicals as we do now on a daily basis

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8We are providing data on recycled PP, HDPE, LDPE, LLDPE, ABS and PVC prices
8Prices are given for Mumbai, Delhi and Ahmedabad

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8Get a complete roundup of fibre price movement for the day here
8These include nylon yarn, DTY, spandex, disperse dye, pure polyester yarn among others

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8The website is carrying about 50 grades of rubber chemicals
8Find here the daily rubber price movement

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Nov 17, 2021: Daily import matrices

Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

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ONGC's has to place LOIs for five Jack-Up rigs
8And it has to be done by today
8Find out why?
Also, what are the day rates for these rigs?

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What has happened to BHEL's EPC foray into oil & gas downstream projects?
8With power projects drying up, BHEL was looking at the downstream segment with much excitement.
8But is the enthusiasm waning?

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EIL has made a maiden foray into the EPC space by putting in a bid for the Koyali refinery SRU project
8What kind of a chance does it stand to win the bid?
8Who are the other bidders?

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8If you are looking at a long term schedule for deployment of rigs, there is a 14-rig requirement coming up

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As the de-carbonization drive gains momentum, how does the refinery of the future looks like?
8Will lower consumption of transportation fuel, lead to the demise of the refinery?

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8GAIL's Henry Hub-based contracts in India are likely to get more expensive in the coming months
8Even though they will stay well below spot prices

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Despite the turmoil, LNG sales continue to move up
8The fact that the Indian market is highly price-sensitive is evident from the fact that we are one of the very few spots where LNG demand has come down
8The sensitivity comes from the fact that the crude equivalent of spot LNG price is $180, higher by $100 from current crude prices
8Henry Hub to JKM price arbitrage can still provide a profit of a massive $120 million a cargo load
8The prediction now is that LNG prices will come down from their present highs but they will stay tight till the summer of 2023
8Lack of ships and high arbitrage have driven up LNG shipping rates as well

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This fertilizer company is going into backward integration.
8It is setting up a Rs 400 crore sulphuric acid plant

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SSP/NPK Greenfield Project
8Cost:70 Cr.
8Project Event: Still, feasibility studies are ongoing, The company is planning to submit the proposal for the environmental clearance in January 2022 in place of November 2021, due to the delay in the feasibility study. RFQ for the contractor is likely to be released after the clearance
Single/Triple Super Phosphate Greenfield Project
8Cost: 25 Cr.
8Project Event: The proposal has been submitted for environmental clearance, RFQ for a local contractor is likely to be released in February 2022.

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Nov 17, 2021: Daily import prices

8One Sulphuric Acid Shipment is reaching on 20th November 2021
8One Phosphoric Acid Shipment is coming up on 22nd November 2021
8One Rock Phosphate Shipment is coming up on 23rd November 2021

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