News & Bulletin Updates

8The port allocations have been done for 1,127,800 MT by NFL

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Sep 10, 2024: DAP tenders closed

8Three DAP tenders were closed
Find out what bids were received

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

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

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8Project Name: Ahmednagar and Aurangabad Districts City Gas Distribution
8Project Cost: Rs 300 crore  Click here for more details

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The day of the end-to-end solution provider in the E&P sector has finally arrived
8It took a long time for such an iteration but it has come, and this will drive efficiency and innovation in the sector
8It needed out-of-the-box thinking but the time has come
8And this could well be one of the biggest achievements of the BJP government in the oil & gas sector
8The operator will take the risk and the vendor will deliver the rest

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 After vendors have claimed that CO2 transfers all the way to the oilfields from refineries may be complicated, this E&P operator is looking for another innovative way of doing it
8But there will be question marks on this methodology too
8Find out why the earlier moonshot failed and what is being done the second time around

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

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8Membrane Technology and Research, Inc. (MTR)
8Fujifilm
8Toray Industries
8Osmoses
8Newpoint Gas, LP
Vendors should get in touch with these companies for upcoming business opportunities in India. Find out what opportunities are ahead

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This operator is looking for rare metals in a BJP-ruled state
8And wants to get the work going as soon as possible

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8Slowly but definitely, Indian companies are abandoning naphtha-based petrochemical projects.
8Here is one concrete example

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8According to the Indian Petrochem sources on September 10, 2024, the price of Diethanolamine (DEA) in Ahmedabad fell to 100 rs /kilogram, reflecting a significant decrease from previous months. The decline can be attributed to multiple factors. One of the key reasons is the weakened demand across industries such as pharmaceuticals, cosmetics, and textiles, all of which rely heavily on DEA. With the global economic slowdown and reduced consumer spending, manufacturers have scaled back production, causing a sharp decline in DEA usage

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8The Mumbai polymer market experienced a notable surge in the prices of Polyethylene terephthalate (PET), grade G5801 today, According to sources from Indian Petrochem, the prices have surged by Rs.3/kg on September 10, 2024 from Rs 112 per kilogram on September 9, 2024

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8After remaining periodically stable for the past month, the price of SBS LG501, produced by LG Chem, has experienced a notable decrease in the Delhi market today. On September 10, 2024, the price of SBS LG501 dropped by Rs.2/kg, bringing it down from Rs.219/kg to Rs.217/kg

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8The price of Rubber Accelerator TMTD, produced by Lanxess, has seen an increase in the Delhi market today. On September 10, 2024,the rate has risen by Rs.3/kg, bringing the price from Rs.233/kg to Rs.236/kg

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8The price of Stearic Acid 1843, produced by Adani Wilmar, has decreased in the Mumbai market today following a series of fluctuations in recent month. On September 10, 2024, the rate dropped by Rs.2/kg, bringing the price down from Rs.118/kg to Rs.116/kg

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8The price of chloroform via imported tanker load at Dahej port has seen a notable decrease today, continuing the trend of recent fluctuations. On September 10,2024, the price of the commodity dropped by Rs.1.5/ kg, reducing the rate from Rs.25.5/kg to Rs.24/kg. This decrease comes after a period of volatility, with prices rising and falling multiple times in the last month, keeping market players on alert

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8Styrene-acrylic latex (Grade 50%) prices have witnessed a decline in the Mumbai chemical market, passing on cost savings to buyers. The price of styrene-acrylic latex has declined by Rs.2/kg from Rs.2/kg on September 4, 2024 to Rs.90/kg today, September 10, 2024

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8Lauric acid prices have dropped in the Delhi chemical market, driven by surplus supply and weakened demand from the soap and detergent manufacturing sector, a key consumer of the acid. As manufacturers adjust their production schedules post-monsoon, demand has softened slightly, leading to reduced buying activity

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8Pure acrylic emulsion (grade 55%) prices have witnessed a significant decline in the Mumbai market this week. Industry sources have confirmed a significant decline in prices, driven primarily by factors influencing both demand and supply dynamics

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8On September 10, 2024, Indian Petrochem analysts in Ahmedabad reported a price reduction in the domestic market for phosphorus oxychloride. The price, which was Rs.105/kg on September 5, 2024, has dropped to Rs.102/kg, reflecting a decrease of Rs.3/kg. The market continues to decline with no signs of price increases

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8The Mumbai market is currently witnessing elevated prices for polyacrylamide. Recent market trends indicate a significant increase in trading rates for this essential material. According to Indian Petrochem analysts, the price surge is attributed to fluctuations in supply and demand, along with rising raw material costs impacting production. On September 10, 2024, the price of Polyacrylamide rose by Rs.2/kg, moving from Rs.180/kg on September 6, 2024, to Rs.182/kg

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8The price of acrylamide in Ahmedabad has experienced a rise today. As of September 10, 2024, acrylamide is priced at Rs.158/kg, up from Rs.156/kg recorded on September 5, 2024

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8On September 10, 2024, an increase in imported intact anionic surfactant prices was noted in Delhi. The price of the material has increased from Rs 51 /Kg to Rs 54 /Kg

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8The Mumbai market has witnessed a significant fluctuation in HDPE (F5400) according to reports from Indian Petrochem analysts. Today, the price of (F5400) has increased from Rs.96/kg to Rs.96.5/kg, a rise of Re.0.5/kg

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