8The Delhi chemical market is currently experiencing a decline in Trimethylolpropane (TMP) prices, a key industrial chemical. After a brief period of stability, the market has seen a reduction in TMP prices, primarily due to lower costs of raw materials used in its production. Imported intact TMP prices have decreased by Rs. 2, from Rs.135/kg on August 21, 2024, to Rs.133/kg as of today, August 28, 2024. This reduction marks a significant shift, disrupting the previously stable TMP market

8The price of SEBS 751, produced by LCY, has experienced a sudden increase in the Delhi market after a period of decline. Over the past month, the rate of SEBS 751 had been consistently dropping following a brief period of stability. However, on August 28, 2024, the price saw a significant upward movement of Rs. 3/kg, rising from Rs. 210/kg to Rs. 213/kg

Latest data shows that the steel industry will need a massive induction of money to transition to hydrogen
8And from the look of it, except for some talk, no action is really happening
8The differentials are far too wide between existing energy routes and green hydrogen for anything meaningful to happen
8Cost of electrolyzes will have to fall dramatically, and the carbon tax has to go weell beyond $100 per tonne
8Till then all that you will hear is talk

Find out how this Indian owned refiner is planning on doing a fuel switching
8Using hydrogen fuel for its crude distiller furnace
8Eventually, the idea is to use hydrogen in all fired heaters
8The FEED is currently on, find out who the consulant is

8Why is a little known Indian entity with a shadowy and opaque front has found mention in the US sanctions list?

8On August 28, 2024, the price of ribbed smoked sheet grade RSS3 in the Delhi market experienced an upward trend, with rates increasing by Rs. 2/kg. The price, which was Rs. 164/kg on August 22, 2024, has today risen to Rs. 166/kg. This increase has drawn attention from the rubber industry, with traders and manufacturers keeping a close watch on the price fluctuations

8Today reflects a notable decline in 24FS040 prices within the Mumbai domestic petrochemical market, indicating a shift in market trends. The price of the commodity polymer, on August 28, 2024, dropped from the last assessed price of Rs.118/Kg to Rs.117.5/Kg, marking a Re.0.5/Kg decrease

8Since August 2, 2024, Hexaconazole prices in Mumbai have been subject to dynamic fluctuations driven by shifts in market demand. Starting at Rs. 910 per kg on August 3, 2024, prices ascended to Rs. 53/kg by August 14, reaching a peak at Rs. 908/kg. The latest update as of August 28, 2024, reveals prices being quoted at Rs. 913/kg, reflecting a notable Rs.3/kg increase from the previous cost of Rs. 910/kg. These variations underscore the profound impact of global demand and supply dynamics on the pricing landscape, emphasising the volatility inherent in the chemical market

8The Isopropyl Alcohol (IPA) market in Mumbai has seen notable fluctuations, according to Indian Petrochem analysts. Following a steady rise that began on August 21, 2024, a significant spike occurred around August 23, 2024, due to limited product availability. This surge brought domestic prices to Rs. 145/kg. Despite expectations of continued increases, analysts now foresee a period of stability, with prices adjusting from Rs. 143/kg to Rs. 142/kg on August 28, 2024

The PNGRB faces a major roadblock in its decision making process
8And it does look like there is an immediate solution

8There is a severe face-off between two contractors in this $5 billion offshore project
8And this has severe implications for project start-up

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

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

These companies are in the race for an oil & gas project
8Expro India Pvt Ltd
8Bansal Associates Pvt Ltd
8Assam Air Products Pvt Ltd
8Deep Industries Ltd

8EET Fuels appoints Wood to progress to front-end engineering design stage for its Hydrogen Fuel Switching Project [Essar]
8Intimation of Board Meeting to be held on 04.09.2024 [CPL]
8Outcome of Board Meeting held on 27th August, 2024 [Savita]
8Credit Rating [GGL]
8Credit Rating [DIL]
8Commencement of Futures Trading in Natural Gas February 2025 and Natural Gas Mini February 2025 Contracts [MCX]

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 :
8Crude
8Chemicals
8Fertilizers
8Coal and Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

8On August 28, 2024, the USD-INR exchange rate opened at 83.94, marking a slight increase from the previous close of 83.92. As of 09:20 AM, the current spot rate is 83.95, reflecting a marginal rise of 0.03

8In today's trading, Brent crude saw a slight increase, opening 0.06% higher at $79.60 per barrel. Similarly, WTI crude also experienced a modest rise, opening 0.12% higher at $75.62 per barrel

8Here are the roundup prices in India

8Get the latest prices here including trends over the past month

The bluff over CNG has been called in a recent study
8The reality of CNG emissions is very grim
8There are unacceptably high levels of NOx emissions
8The existing Pollution Under Control Certificate (PUCC) system is a complex hoax
8CNG gives no advantage over petrol and diesel, the way things are

8What is happening with DAP deals in India?
A lot, it seems

8A tender for hiring services provider is out
Interested bidders can apply

8ExxonMobil has unveiled its much-anticipated Global Outlook, offering an unfiltered look at the future of energy
As the energy landscape continues to evolve, ExxonMobil positions itself as a key player in navigating the challenges and opportunities ahead

8This is a leading global provider of professional services, such as engineering, procurement, and construction management, to the oil, gas, mining, power, and infrastructure sectors
Find out what its annual report has to state