News & Bulletin Updates

8Find out more about how far the price has moved

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8Find out more about how far the price has shifted

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8Prices have shifted according to sources, find out how far the price has moved

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

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8Get a complete synopsis and price comparison trends here

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8Supply of sodium hypochlorite
8Supply of PPU additive di hydrotalcite
8Supply of MDEA- Methyl Di Ethanol Amine
8Supply of antioxidant for gasoline
8Sembcorp's ammonia plant would make TN a global hub for green hydrogen production: CM
8300 gas wells are not being talked about, Reliance now made this plan
8Reliance to invest over Rs 1,000 cr in Sohagpur CBM to boost gas output
8Petronas's Kasawari field commences first gas production
8BPCL Launches Biofuel Blend Bunker at Mumbai Port
8India unlikely to achieve targeted 15% share of gas in its energy mix by 2030
8India's Oil sector shows mixed trends: July 2024 production falls, refinery output rises
8BPCL to invest Rs.1.7 Tn in refining and renewable projects
8MEIL deploys state-of-the-art 2000 HP oil drilling rig for ONGC in Rajahmundry
8Mukesh Ambani's Reliance Industries to lead Rs.50 billion capex surge in India Price
8Indian ONGC likely to abandon hydrocarbon exploration Bangladesh
8India's oil demand set to plateau by mid- 2040s: BP Chief Economist
8A S Sahney appointed as Director (Planning & BD) of IndianOil
8Petrol and diesel prices remain unchanged in india 

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8The price of Isophthalic Acid imported from Lotte Korea has experienced notable fluctuations in the Delhi market over the past month. On August 22, 2024, the price dropped by Rs. 4 per kg, falling from Rs. 123 per kg to Rs. 119 per kg. This decrease comes after a slight increase of Re. 1 per kg recorded on August 19, 2024. Earlier, on August 14, 2024, the price had already decreased by Rs. 2 per kg.

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8The Delhi market has witnessed a cut in the price of stearic acid 1843 (Adani Wilmar), offering some relief to buyers. The price has dropped by Re.1/kg, bringing it down from Rs.110/kg to Rs109/kg. On August 16, 2024, the price of stearic acid had already seen a decrease of Rs.2/kg, falling from Rs.112/kg to Rs.110/kg. Prior to that, on August 10, 2024, the price had decreased by Rs.5/kg, from Rs.117/kg to Rs.112/kg.

 

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8The price of antioxidant 4020, manufactured by Lanxess, has been subject to notable fluctuations over the course of the past month. However, the price has experienced a notable shift today in the Delhi market.  On August 22, 2024, the price saw a decrease of Rs.7/kg, with rates down from Rs. 312/kg to Rs. 305/kg.

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8Tetrahydrofuran (THF) prices have experienced a sharp drop today, signaling a significant shift from the recent period of relative stability. On August 14, 2024, THF was priced at Rs 170 per kg, however, after a phase of minimal volatility, the market has seen a notable change, with prices falling by Rs 5 to Rs 165 per kg as of August 22, 2024. This ongoing decline, coupled with the recent volatility, underscores the instability currently affecting the market for this essential chemical.

 

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8In the dynamic landscape of the Delhi market, the pricing trajectory of SBR 1502 produced by Reliance rubber industries has undergone several fluctuations, creating an environment of uncertainty. On August 22, 2024, the market witnessed a change in the price of SBR 1502. The cost has increased by Rs.3/kg in the Delhi market,transitioning from Rs. 190/kg to Rs. 193/kg. This increase carries implications for businesses across sectors that heavily rely on SBR 1502, potentially impacting production costs and market dynamics.

 

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8A significant price reduction for imported phosphorus acid 98.5% was observed in Mumbai today, with the cost per kilogram dropping sharply. The price of the commodity fell by Rs. 5/Kg, decreasing from Rs. 275 to Rs. 270. From July 22 to August 2, the price of phosphorus acid had been on the rise, but since August 3, it has seen a steady decline. The market remained stable between August 16 and 21.

 

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8Dicyclopentadiene prices in Mumbai have risen significantly. As of August 22, 2024, the price has risen to Rs. 160/kg, up from Rs.158/kg reported on August 21, 2024. This increase reflects a notable shift in the market dynamics for this chemical.

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8The Ahmedabad market has experienced a notable fluctuation in prices, according to recent reports from Indian Perochem analysts. As of August 22, 2024, the price of C9 petroleum resin has increased from Rs. 147/kg to Rs. 150/kg, reflecting a Rs. 3/kg rise due to changing market dynamics and various influencing factors

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8Annual Report 2023-2024 [Sikko]
8Intimation of Analyst / Institutional Investor Conference [UPL]
8Proceedings of the extra ordinary general meeting [KICL]
8Transcript of Investor Meet held on August 14, 2024 [Bayer]

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8Public consultation process to declare IOCL’s Chennai Meenambakkam ATF pipeline as common carrier or contract carrier pipeline under Section 20 of the PNGRB Act. [PNGRB]
8Public consultation process to declare IOCL’s Panipat-Bijwasan-IGI Delhi Airport ATF pipeline as common carrier or contract carrier pipeline under Section 20 of the PNGRB Act. [PNGRB]  
8Public consultation process to declare IOCL’s Kolkata ATF pipeline as common carrier or contract carrier pipeline under Section 20 of the PNGRB Act. [PNGRB]
8Public consultation process to declare IOCL’s Lucknow ATF pipeline as common carrier or contract carrier pipeline under Section 20 of the PNGRB Act. [PNGRB]
8Public consultation process to declare BPCL’s ATF pipeline emanating from BPCL’s Kochi Refinery to Kochi airport as common carrier or contract carrier pipeline under Section 20 of the PNGRB Act. [PNGRB]
8Petroleum and Natural Gas Regulatory Board (Technical Standards and Specifications including Safety Standards for City or Local Natural Gas Distribution Networks), Third Amendment Regulations, 2024. [PNGRB]
8PNGRB (Authorizing Entities to Lay, Build, Operate or Expand City or Local Natural Gas Distribution Networks) Amendment Regulations, 2024 [PNGRB]
8Intimation of Resignation of the Whole-time Director [Savita Oil]
8BPCL Plans to Invest Rs 1.75 Lac Crore for Expansion [Sealmatic]
8Investment in ONGC Petro additions Limited (OPaL) [ONGC]
8Intimation under Regulation 30 [BPCL]
8LPG Profile Report [Q1 FY 2024-25] [PPAC]
8Industry CONSUMPTION Report-POL & NG, July 2024 [PPAC]

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These are companies who are interested in offshore E&P blocks but with a sordid twist
8Petronas
8ExxonMobil
8Chevron Corp
8INPEX Corporation
8Japan Organization for Metals and Energy Security (JOGMEC)
8KrisEnergy
8China National Offshore Oil Corporation (CNOOC)
8Eni

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Anil Kumar Jain has decided to cut privileges of city gas distribution companies.
8This may hurt some companies

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A long lineup of potential EPCM bidders in the E&P space means new business opportunities are opening up
8Earlier this was done via conventional tendering, the transition to the EPMC space is a great development
8And this good news indeed
8Find out who the aspiring companies are in offshore EPCM space

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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 :
8Crude

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

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8The conference is set to address key technical issues related to asset performance and reliability
The event will be your go-to for top-notch best practices, global networking, and a dash of innovation in asset management ideas

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8Union Minister Anupriya Patel lauds Gujarat’s chemical prowess and is rolling out the red carpet for India Chem 2024
8The event promises to energize the industry and lure in fresh investments

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8Supply of ethylene glycol
8Supply of gear oil pump
8Supply of glycine
8DAP Fertilizer Price in Gujarat
8Urea Price in West Bengal
8Phospholutions gears up for commercial-scale production of fertilizer additive with Toros Agri partnership
8India’s DAP stocks draw down further

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8Tender for feed processing package for demo BIO-ATF project
8Procurement of NMR system with PC workstation for determination of xylenes solubles fraction
8Lining up of an expert agency for performance improvement of effluent treatment plant
8Tender for fabrication transportation and installation of servo express kiosk for quick lube oil changing machines
8Tender for fabrication transportation and installation of SERVO lube display rack
8Supply of laboratory chemicals
8Supply of aqueous film forming foam (AFFF)
8Supply of GC calibration gas cylinder
8India’s 20% ethanol blending aim in ESY 2025 will require more sugarcane utilization, says CRISIL
8India Aims To Become Global Leader In Green Hydrogen And Ammonia Production: Joshi
8India to amp up energy diplomacy; Petroleum minister Puri to visit US, UAE
8Petronet LNG signs agreement with Sri Lankan govt for power generation
8LPG Gas Subsidy: Big Relief for Homemakers, Rs 46 Lakh To Get Gas Cylinders Fo 500
8India signs first-ever green ammonia export agreement with Japan
8Gas pricing: Reforms turn into a control regime
8IOC, HPCL and BPCL To Join Forces to Secure LPG Deal with Equinor Amid Rising Tensions in West Asia
8Piyush Goyal invites Malaysian businesses to invest in India's oil, gas, and electronics sectors
8OIL signs MoU with AMCH

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8Sustainability report: Deepak does a good job
8Aug 20:DAP supplies can get tight: Why is this segment of the industry happy?
8Current news on the latest developments in fertilizer, energy, weather, agriculture [FAI]
8Buyback of Equity shares of Dhanuka Agritech Limited through Tender offer [DAL]
8Letter of Offer pertaining to Buyback of equity shares by Dhanuka Agritech Limited [DAL]
8Updates on Acquisition [PIIL]
8Allotment of Non-Convertible Debentures (NCDs) on Private Placement basis [TCL]
8Financial result for quarter ended - June 2024 [GNFC]
8Business Responsibility and Sustainability Report for the financial year 2023-24 [KCFL]
8Annual Report 2023-2024 [KCFL]

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