News & Bulletin Updates

8After days of steady price increases, adipic acid prices have dropped in the Mumbai market. This key ingredient, essential for the production of nylon, polyurethane, and plasticizers, has faced a Rs.2/kg decline. The price of adipic acid (BASF) has fallen from Rs.133/kg on September 2, 2024, to Rs.131/kg today

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8Indian Petrochem analysts in Chennai have reported a reduction in domestic LDPE (16MA400) prices. The price of the commodity, which stood at Rs..131/kg on September 5, 2024, has dropped to Rs.130/kg today, marking a decrease of Re. 1/kg

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8The Ludhiana market has seen a notable surge in the price of PP (H100EY). On September 6, 2024, the price of H100EY in domestic repack increased from Rs. 103.5/kg to Rs. 104/kg, reflecting a rise of Rs. 0.5/kg. Market experts attribute this upward trend to supply constraints and robust industrial demand, which continue to push prices higher

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8Formic acid prices in the Mumbai market have spiked. According to Indian Petrochem analysts, prices have jumped from Rs. 65/kg to Rs. 67/kg, a neat little Rs. 2/kg hike overnight

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8On September 6, 2024, Indian Petrochem analysts in Ahmedabad reported a price reduction in the domestic market for SAP (Super Absorbent Polymer). The price, which was Rs. 315/kg on September 5, 2024, has dropped to Rs. 310/kg, reflecting a decrease of Rs. 5/kg. The market continues to decline with no signs of price increases

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8Today reflects a notable decline in Mixed Xylene (MX) prices within Mumbai's Imported repack chemical market, indicating a shift in market trends. The price of the commodity, on September 6, 2024, dropped from Rs.88/Kg to Rs.85/Kg, marking a Rs.3/Kg decrease. This decline underscores a stabilization in market conditions within the chemical sector

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8The Mumbai market has experienced a rise in benzene prices. This increase is driven by a combination of tight supply conditions and rising demand from downstream industries, particularly in the production of chemicals and solvents.On September 6, 2024, prices of benzene in domestic repack in Mumbai were quoted higher from Rs.99/Kg to Rs.100/Kg a hike of Re.1/kg

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8Yara International ASA - share purchase and mandatory notification of trades [YARA]
8Current news on the latest developments in fertilizer, energy, weather, agriculture [FAI]
8Plants have been shut down from 4th September 2024 to attend to Maintenance repair activities [SPIC]
8Intimation of Book closure/Record date [SPCFL]
8Outcome of the Board Meeting [RCFL]
8Notice of Compounding Fee Payment from Deputy Controller, Legal Metrology, Vizianagaram, Andhra Pradesh [Coromandel]
8Annual Reports 2023-24 [FACT]

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Sep 06, 2024: Tenders out

There are tenders out for
8MAP/DAP
8DAP
8Phosphoric acid

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What is the outlook on the global potash market
8When seen from the eyes of the one of the world's largest producers of potash

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What is happening with sulphur prices?
8Will they continue to rise or there will be other factors that can stymine a northwards tilt

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What is the latest on the RCF urea tender
8How much of urea was eventually rounded up

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8This public sector company intends to set up a global fertilizer trading office
That is interesting indeed

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8Mesabi Metallics Accelerates Employee Recruitment Efforts, Aiming to Triple Employee Count Heading into Fall [Essar]
8RIL Board Approves 1:1 Bonus Issue - Largest Bonus Issue In Indian Equity Markets [RIL]
8Corrigendum to the Notice of the 38th Annual General Meeting [Aban]
8Annual Report 2023-2024 [SWP]

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8Project Name: Dahod District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8Project Name: Dahej Vagra District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

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8A rig tender has elicited a serious charge

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Here is an offshore drilling rig company with a 500 people workforce.
8Its employee attrition rate is 20%

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Offshore rig markets are repricing, and rates are expected to increase by 80%-100% compared to previous contracts.
8But competition is going to be tough from here on
8And that could be for more than the usual reasons

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This gas supply company posted a pretty bad quarter
8Clearly, this will need analysis

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
Get the daily updates for :
8
Crude
8LNG
8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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Where Deep Industries is going is where Akash Exploration wants to go
8These onland E&P service providers are now trying to flex their muscles

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Sep 06, 2024: Refinery jobs ahead

8A large set of refinery vacancies have come up

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It was small family E&P enterprise that was passed down from father to son
8And then it was sold
8And now the new promoters have a Rs 1000 crore plan

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BHEL was beaten by a more agile Simplex Engineering
8This was what we predicted too

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