The LNG carrier industry is undergoing a dynamic change
Several factors are at work, which existing importers must take into account

8Cochin Shipyard no doubt had grown on government orders
8But it has also demonstrated resilience and adaptability in a challenging environment

LNG prices were expected to stay low during the coming winter
8But that has now changed rather dramatically
8Best to buy now rather than later

India takes pride in its rising LNG imports
8But eventually from which country you import LNG will matter more than anything else

There is no way that the percentage use of gas in the energy mix will go further from what it is today
8And there are several factors for this

GSPC doing some compliance work on its blocks
8And that makes for interesting reading

The market dynamics of the offshore support vessel industry is likely to undergo a sea change
8And this may not be good news for existing players.

8Oil & Gas market Policy and economic report Aug 2024 [FIPI]
8OIL director selected  [PESB]
8Filling up of the post of Cashier in the office of Petroleum and Natural Gas Regulatory Board (PNGRB) on short-term contract basis [PNGRB]
8Investor Presentation–Q1 FY25 [CSL]
8Business Responsibility and Sustainability Report of the Company for the Financial Year 2023-24 [Savita]  
8New job vacancy ahead
8Annual Report 2023-24 [Savita]
8APSEZL - Operational performance update [Adani Port]
8Business responsibility & sustainability report [LIL]
8Annual Report 2023-24 [LIL]

8Find today's key updates in E&P, Mid-Downstream, and CGD sector

The argument that CNG is a less polluting fuel has now been debunked
8CNG vehicles are  left with is a slight cost advantage over petrol cars
8It will not be long before this advantage erodes too

Polyethylene Terephthalate (PEY) is a type of plastic commonly used in packaging, especially for beverages, food, and other consumer goods. PET is valued for its strength, durability, and recyclability.
8In the world's largest PET market however, fresh capacities are unviable
8Yet in India new capacities are coming up fast and quick
8What explains this dichotomy

8The Ahmedabad market has seen a significant decline in the prices of Polybutylene Terephthalate (PBT), specifically for the imported grade. According to sources from Indian Petrochem, the price of PBT has dropped by Rs. 3/kg, bringing it down to Rs. 152/kg

8PEG 600, a pivotal component in industries spanning lubricants, hydraulic fluids, and coolants, has undergone a sharp rise in the Mumbai market today. Initiating from Rs.140 per kg on August 7, 2024, the price rose to Rs.143 per kg on August 22, 2024. The latest update on September 3, 2024, shows the price settling at Rs.144/kg, reflecting a Rs.3/kg increase from the last assessed quoted on August 26, 2024

8The price of wet slurry in the Mumbai market was quoted higher today. Indian Petrochem analysts indicate that this change is due to fluctuations in supply and demand as well as raw material costs affecting the production of this essential chemical. On September 3, 2024, the price of wet slurry increased by Rs.3/kg, up from Rs.115/kg quoted on August 29, 2024, to Rs.118/kg

8The price of Polypropylene (PP), specifically the SRM100NC variant, has seen an upward movement in the Delhi market today, reflecting changes in the petrochemical sector. Indian Petrochem analysts have reported that the price of the material increased by Re.1/kg, moving from Rs.?109/kg on September 2, 2024, to Rs.?110/kg today

8Indian Petrochem analysts in Delhi have reported a revision in domestic prices for LLDPE (F19010). On September 2, 2024, the price of the commodity stood at Rs. 97/kg. However,today, the price has dropped by Re.1/kg, bringing it down to Rs. 96/kg

8The Delhi market has witnessed a significant fluctuation in Liquid Chlorine prices, according to reports from Indian Petrochem analysts. As of today, the price of Liquid Chlorine has increased from Rs. 14/kg to Rs. 15/kg, marking a rise of Re. 1/kg

8Indian Petrochem analysts in Mumbai have reported a cut in the prices of melamine in the domestic market. As of September 2, 2024, the price of melamine stood at Rs. 84/kg. However, today, a drop of Re.1/kg has been observed, bringing the price down to Rs. 83/kg

8The price witnessed a movement, find out by how much

8Here is the latest prices, including trends over the past month

8A movement in today's price is witnessed

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

8A combination of factors is at work, get the latest price roundup here

8Get the price movement for today

8A combination of factors is at work, get the latest price roundup here