Petrochem analysts have reported an active buying trend in the Ludhiana market as of February 25, 2021.

After talking to various market executives, our analysts have reported buying trends of the Bangalore market as of February 25, 2021

On February 25, 2021, Ammonia prices increased in the Ahmedabad market.

MTO prices have picked up on the back of shortage of supply accompanied by a growing demand in the Ahmedabad polymer market.

Caustic soda lye prices inched up in Ahmedabad on the back of strong regional demand trends.

Formaldehyde prices have increased in the Chennai market.

The international crude oil price of Indian Basket was quoted at around $63.79 per barrel on February 25, 2021.

Aniline prices have increased in the Ahmedabad polymer market.

Shortage of supply accompanied by a growing demand has led to an increase in MEK prices in the Delhi market.

Haldia Petrochemicals Limited has announced revisions in its PP and PE prices.

MRPL revises domestic PP prices.

Shortage of supply accompanied by a growing demand has led to an increase in acetic acid prices in the Kandla and Mumbai market.

IOCL announces an increase in its PE and PP prices with effect from February 25, 2021.

BAM prices have increased today indicating a shortage of supply with a growing demand in the Kandla market.

GNFC Group raises aniline prices.

A revision in PE prices has been announced by GAIL.

OPaL has announced a revision in PP and PE prices.

8The 10th National Awards for Technology Innovation in Petrochemicals & Downstream Plastics Processing Industry (2019-20) were declared yesterday
Find out who the winners were

Find out more on why analysts are bullish on Vinati Organics
8Vinati operates in niche segments and has an exceptional product basket that holds a significant market share globally
8Hence, the company is able to generate significantly higher margins

8Pengerang Refining and Pengerang Petrochemical, collectively known as PRefChem, is a joint venture formed by national oil companies Malaysia’s Petronas and Saudi Arabia’s Saudi Aramco
8This is a heavy duty partnership and needs to be watched carefully on how it pushes ahead with its ambitious plans

8NRL awards propylene production contract to Lummus
8Edica-Garnett LLC, USA & KnowGenix, India form strategic alliance
8Manali Petrochemicals to triple its propylene glycol capacity
8Huntsman has announced the appointment of Ms. Gurmeet Kaur as the Head of Strategic Marketing for the Polyurethanes (PU) India sub-continent business.
8Techno Paints to set up new facility in Hyderabad
8IG Petro board approves PAN expansion project

8Lords Chloro Alkali Limited: is listed on the BSE and is involved in the manufacture of chloro-alkali range of chemicals with a manufacturing plant at Alwar (Rajasthan)
8The company supplies its products to most of the paper, soap, plastic industries based out of Uttar Pradesh, Haryana, Rajasthan, Punjab and Delhi
8But find out why the outlook is negative

8Arctic freeze last week led to a massive shutdown in the US
8It impacted 35% of US oil and 20% of US gas output, entire US LNG exports, 32% of US refining, and 10% of USethylene capacity
8Find out the implications are of all of these on petrochemical prices
Get a full analysis here

8Here is today's grade wise coverage of petrochemical prices

8Get the full chemical price matrix for today here