8The Fertiliser Ministry has hiked the maximum limit for purchase of subsidised fertilisers by six times

8Two Rock Phos shipment is coming up on 27 & 28 March 2021
8One Sulphuric acid shipment is coming up on 28 March 2021

A container ship blocking the Suez Canal like a "beached whale" sent new shockwaves through global trade on Thursday as officials stopped all ships entering the channel and the salvage company said it may take weeks to free.

Crude oil producers from Europe, Africa and the United States faced difficulties selling to Asia, especially China, as buyers took cheaper oil from storage while refinery maintenance has reduced demand, industry sources said on Thursday.

Tensions this month between India and Saudi Arabia over rising oil prices have underscored the growing importance of the bilateral relationship and its potential to generate conflict as well as cooperation.

Ammonium Sulphate Expansion Project
8Cost - Rs 9 crore
8Project Event: The evaluation is still ongoing, the proposal for the environmental clearance is likely to be granted in April 2021
NPK Fertilizer Expansion Project   
8Cost - Rs 190 crore
8Project Event: The project has been elicited environmental clearance in September 2019

On March 26, 2021, moderate buying activities were reported by our Petrochem analysts in the polymer markets of Ludhiana.

The international crude oil price of Indian Basket was quoted at around $62.12 per barrel on March 26, 2021.

Sulphuric acid prices have increased in the Ahmedabad market today.

On March 26, 2021, caustic soda flakes prices went down in the domestic market of Delhi.

On March 26, 2021, styrene monomer prices were assessed lower in the Kolkata market.

BDGE prices went down in the Mumbai market today.

On March 26, 2021, MIBK prices drifted lower in the imported market of Chennai.

On March 26, 2021, ethanol prices increased in the Delhi market.

A producer from the Middle East is heard to have offered its China origin HDPE Blow Moulding grade in India.

A Saudi Arabian producer is heard to have offered its PE in China.

Caustic soda flakes prices have increased in the Delhi market.

On March 26, 2021, Petrochem sources confirmed that acrylonitrile prices have slipped in the Kandla market.

A revision in MX prices has been announced by RIL.

BAM prices have been revised at Hazira.

A revision in N butanol has been announced at Hazira.

A revision in Caustic Soda Lye prices has been announced at JNPT.

GNFC Group announces a revision in aniline prices.

8As of today, we are tracking around 1.1 million tonnes of chemical imports
8Get the full data here

8Get the chemical prices round-up here for the day