Water Soluble Fertilizer Greenfield Project
8Cost: 200 Cr.
8Project Event: RFQ for the preparation of the Techno Economical Feasibility Report (TEFR) is out, and it is likely to be finalized in September 2022. RFQ for the LSTK contractor is likely to be released in October 2022.
Organic Fertilizer Plant Greenfield Project
8Cost: 8 Cr.
8Project Event: Finalization of contractor is still ongoing, AGSK Solution & Indtech Solution are in the race for the job. The Technical bid has been opened and financial bid is awaited

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8One Ammonia shipment is coming on 08 August 2022
8Two Phos acid shipments are coming on 10 & 12 August 2022

8Spot prices for Russia's key export crude grade ESPO Blend to Asia have rebounded from alltime lows amid strong demand from top buyers India and China and easing concerns about possible sanctions, several traders said.

8India is among the top importers of crude oil, depending on foreign fuels to meet 85% of its requirements.

8Oil prices dropped on Monday, hovering near multi-month lows, as recession fears hurt demand outlook and data pointed to a slow recovery in China's crude imports last month.

8India has been a predominantly fuel economy.

8Just when the fertilizer market started to see some relief, nitrogen prices are rising again — and major companies are sounding the alarm that they won’t let up anytime soon.

8The government has admitted that the dependence on fertilizer import continues as the production of chemical fertilizers like Urea, DAP, MOP (Mutrate of Potash), NPK is low and the demand is high in the country.

Petrochem analysts have reported a rise in perchloroethylene prices in the Mumbai market.

Titanium plate prices registered a rise in the market of Delhi.

A significant fall in unsaturated polyester resin prices was recorded in Ahmedabad today.

On August 8, 2022, Petrochem sources reported a fall in polymeric MDI prices in the Mumbai market.

An elevated trend is noticed in CIIR grade 139 prices.

Electrolytic copper prices were much higher in the Delhi market today.

Zinc oxide prices registered a rise in the market of Delhi.

Excess product availability has raised ECH prices in the domestic market of Ahmedabad.

A significant fall in ethylene dichloride prices was recorded at Hazira today.

A sharp fall in butyl cellosolve prices in the imported market of Kandla was recorded today.

A robust demand has lifted aniline prices in the Kandla market.

An elevated trend is noticed in BAM prices.

Petrochem sources from Kandla have reported a huge rise in MMA prices.

On August 8, 2022, Petrochem sources reported a fall in phenol prices in the Kandla market.

Petrochem sources reported a significant fall in Iso butanol prices in the Kandla chemical market.

On August 8, 2022, trading sources reported a fall in styrene monomer prices in the Chennai chemical market.