News & Bulletin Updates

Looking at the current scenario and other price governing factors it has been noticed that major domestic producers have revised their prices on January 2, 2021.

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On January 2, 2021, Petrochem sources confirmed that Acetonitrile prices have slipped in the Mumbai market.

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Chloroform prices revised at Dahej.

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Deepak Fertilizer has announced a revision in IPA prices.

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Prices for Aniline have been revised at JNPT.

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A revision in benzene prices has been announced at Vizag.

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GSFC Group has announced a revision in its cyclohexane prices.

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A minimal increase in delivered prices of HDPE, LDPE and LLDPE grades have been announced by RIL.

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A reduction in HIPS SH03 grade prices have been announced by Supreme Petrochemical.

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HMHDPE film and HDPE pipe grades prices have been raised by IOCL.

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A revision in HDPE prices have been announced by OPaL.

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Jan 01, 2021: HDPE prices revised

GAIL revises HDPE prices.

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Chemplast raises PVC resin prices.

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A revision in HDPE film and pipe prices have been announced by HPL.

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IOC announces a revision in its polymer prices.

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JBF Industries increases PET prices.

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Dhunseri Petrochem Limited (ASPET) increases PET resin prices.

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RIL raises PVC resin prices.

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Dec 31, 2020: PET prices raised

Reliance Industries Limited raises PET prices.

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European propylene contract price for January has been settled.

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European ethylene contract price for January has been settled.

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8The transportation segment consumption of petroleum products is rising at a much faster pace than its industrial counterpart
8Year on year data shows that the industrial sector is still badly impacted by COVID

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In terms of gas supply, here are some interesting statistics
8The difference between LPG and PNG is now only 3%
8The latest price differential between CNG and diesel and petrol is 26% and 55% respectively
8The difference between commercial LPG and PNG is near zero
8Also know more on how CGD suppliers are now diversifying their gas delivery models

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Investment models are still largely unproven, and there is uncertainty around what “getting it right” looks like.
8With the right alliances and broad capabilities, oil and gas companies can view the value pools for charging stations, PoI, and battery swapping and management as one big opportunity to deliver compelling and flexible customer propositions around EV maintenance that largely does not exist now. A better platform would allow them to purchase charging and maintenance seamlessly without having to pay for point transactions, perhaps including home energy services.
8Those players in the market that can put forth convenient offerings will not only capture the first-mover advantage in a nascent market but also act as enablers. 

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State government finances are in complete disarray
8GST compensation is not enough and many of them are left with no option but to borrow money
8With finances strained, it is crucial sectors like health and education which will end up bearing the brunt
8For a sector specialist, it is important to understand how India's finances work

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