News & Bulletin Updates

8Today Indian Petrochem analysts recorded a cut in phenolprices at Kandla port

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8The price of Toluene in the Mumbai market experienced an upward movement today, attributed to slight fluctuations in supply and demand and rising raw material costs

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8The Delhi polymer market witnessed a decline in the price of Polyethylene Terephthalate (PET), grade G5801

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8Sodium fluoride markets are feeling the pressure as global supply constraints and increased domestic demand drive significant shifts

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8The market for hot polymer C9 petroleum resin in Ahmedabad has seen a slight but significant price increase

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8Antioxidant 4020, produced by Lanxess, has seen a notable price increase in the Delhi market, impacting manufacturers relying on it for rubber production

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8In a recent market update, SEBS 503, produced by LCY Group, has experienced a price reduction in the Delhi market

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8Ethyl acrylate prices continued their upward trend in the Mumbai market today, driven by steady demand from key industries

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8The Mumbai market observed a notable increase in the price of Isophthalic Acid (make: Lotte, Korea) today

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82-EH prices are on the decline in the Delhi market today

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898.5% phosphoric acid is on a price hike spree in Mumbai

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8The prices of Soap Noodles (Grade 80:20) in the Mumbai market have surged, causing ripples across the soap and detergent industries

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8Prices for Palm Wax 3F in the Mumbai market surged this week, climbing by Rs.5/kg from Rs.125/kg on November 14, 2024, to Rs.130/kg on November 21, 2024

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8The Mumbai chemical market has witnessed a significant drop in the price of Pine Oil, a versatile chemical widely used in cleaning agents, disinfectants and industrial applications

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8On November 21, 2024, the Ahmedabad polymer market saw a cut in LDPE (1070LA17) prices

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8Today, a marginal drop in HDPE (F5400)prices within the Ludhiana petrochemical market was noted, indicating a shift in market trends

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8Today, formic acid prices in Ahmedabad increased byRe.1/kg to reach Rs.60/kg from a previous quote of Rs 59/kg

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8In the latest development within the Mumbai chemical market, the price of mancozeb, a widely used agricultural fungicide, has seen an increase

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8On November 21, 2024, carbendazim imported intact prices in Ahmedabad were down from Rs.430/Kg to Rs.428/Kg marking a cut of Rs 2/kg

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8Dioctyl Phthalate (DOP) prices have risen in Mumbai today

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8Indian Petrochem analysts have reported a cut in N-Butanol (NBA) prices in the Mumbai imported market

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8Project Name: Guna District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

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8Project Name: Panipat District City Gas Distribution
8Project Cost: Rs 250 crore Click here for more details

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Zero Liquid Discharge Greenfield Project
8Cost: Rs. 104 Cr.
8Project Event: The hiring process for the Lump Sum Turnkey (LSTK) contractor is actively in progress, with final evaluations taking place. We expect to finalize the contract within the next 2-3 months. The project remains on track for completion by December 2025.
Nano Urea/DAP Greenfield Project
8Cost: Rs.500 Cr.
8Project Event: The project is in the initial phase, and due to a delay in the internal discussion, the RFQ for the environmental consultant is likely to be released in January 2025 instead of November 2024. The project has not yet submitted the proposal for environmental clearance.

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8A quick look at today's developments in E&P and midstream-downstream, and CGD section

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