8Ahmedabad, July 10, 2025 – The price of Compound Rubber Grade SMR20 has increased by Rs.2 per kilogram in the Ahmedabad market. As per market data sourced via Indianpetrochem, the rate moved up from Rs.158/kg on July 9 to Rs.160/kg on July 10

8Mumbai, July 10, 2025 – The price of Compound Rubber Grade STR20 has witnessed a notable drop of Rs.4 per kilogram in the Mumbai market, moving down from Rs.164/kg on July 9 to Rs.160/kg on July 10, as per trade data provided by Indianpetrochem

8The Ahmedabad chemical market is witnessing a significant fall in prices of adipic acid, a key raw material used in diverse industries such as nylon production, polyurethane, plasticizers and coatings. This fall in prices has caught the attention of industry stakeholders and reflects the complex interrelationship of global trends, domestic demand-supply dynamics and raw material cost adjustments

8 Palm wax  prices in the Delhi market have seen a drop, causing a stir in the industries associated with it

8Ahmedabad, July 10, 2025

The price of 25-micron BOPP (Biaxially Oriented Polypropylene) metallized film has seen a sharp increase of Rs.3 per kilogram within a day. On July 9, the film was trading at Rs.140/kg, which rose to Rs.143/kg on July 10 in the Ahmedabad wholesale market

8The domestic market for propylene in Ahmedabad (M13530) experienced a price movement today

8A surge in demand has pushed LDPE(16MA400) prices low in Hyderabad

8Indian Petrocherm analysts present at Mumbai  have reported a cut into Benzene  (Domestic  repack) prices

8Indian Petrochem analysts have reported a cut in Isopropyl Alcohol (IPA)prices in Mumbai's domestic market

8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

8Project Name: Patna District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

8Here's what's happening today in the Midstream-downstream, and CGD section

8In its latest milestone-based consultancy tender for Visakh Refinery, HPCL imposes hybrid resource deployment, multi-party approvals, and rigid performance securities—offering no timeline buffer, no subcontracting flex, and limited cost shielding. The burden is squarely on the consultant.

8Bidders on the Bina CPU package face a compliance-heavy playing field, with GST input credit denied, stringent bank norms, and a 14-month LSTK schedule unrelaxed despite red flags. BoQ errors and scope deletions add to the documentation haze.

 This refiner has identified 10 OALP-X blocks that it wants to bid for eventually
 8May not be all 10 but due diligence is on
 8Find out how it is going about doing it

8Essar advocates regulatory overhaul to unlock $100 bn energy investment at CII forum (Essar)
8Proposed sale of Cambay PSC 50% WI to Selan Exploration (Synergia)
8Cambay PSC work program update (Synergia)
8Gas market update June 2025 (IGX)
8Business responsibility and sustainability report for FY 2024–25 (GES)
8Annual report 2023–24 (GES)
8Asian Energy approves director pay and related party deals via postal ballot (AE)
8SWPE to invest INR 2.8 crores in Alara Resources Limited following shareholder approval (SWP)
8Extension of contract period for charter hire of vessel SEAMEC II (Seamec)
8ONGC awards Rs 39.2 crore contract for spider deck repair at NLM9 platform in Western Offshore (Seamec)

8Agromet advisory bulletin by Meteorological Centre Bhopal (IMD)
8Review of CRISIL ratings on the bank facilities of Madhya Bharat Agro Products Limited (MBAPL)
8Review of CRISIL ratings on the bank facilities of Krishana Phoschem Limited (KPL)

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8Explore the latest bulk chemical prices from the Mumbai market, updated for today
8Stay informed with comprehensive insights into key commodities and trends

8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

8Draft rules show ambition, but control shifts are unmistakable

Six-way showdown for Petronet pipe supply: Big names enter Dahej 3LPE bid race
8EIL’s tightly-framed Dahej tender for 3LPE coated pipes sees six major players qualify for technical scrutiny, setting the stage for a price-war in the polypropylene push.
Single-vendor heat: Kobe Steel lone contender for PLL’s Dahej compressor bid amid strict OEM-packager carve-outs
8Despite EIL’s stringent eligibility criteria requiring OEM-backed references and multiple risk buffers, only Kobe Steel has bid for the rotary screw compressor package in PLL’s PDH-PP project. The bid structure's rigidity, especially around PTR proof, OEM-packager alignment, and double PBG layers, may have stifled broader participation.
Paramount wins NRL cable contract with tight margin over LKB: Price war narrows to 3.5% gap
8Paramount Communications clinched the Rs 11.46 Cr supply order for instrumentation cables at NRL’s GDS–PRU–LPGTU units, edging LKB Engineering by a slim 3.57% margin. Price divergence among bidders hints at cost model variances and technical interpretation gaps.
Techcult bags IOCL Digboi consultancy at 28% below estimate amid tight race and multiple disqualifications
8A steep undercut by Techcult Engineering secured IOCL’s Digboi consultancy job at Rs. 22 lakh—nearly 30% below estimate. With three bidders disqualified and prices ranging wildly, the award signals rising pricing pressure and qualification hurdles.
IOCL awards Gujarat Refinery QRA study at 16% below estimate after disqualifying 8 bidders
8In a tightly contested bid for critical risk analysis of Gujarat Refinery, Techniche Engineering secured the contract at Rs.18.47 lakh—undercutting IOCL’s Rs.22 lakh estimate by over 16%. With 8 bidders disqualified, the result signals IOCL’s hardline on technical qualification and low-margin contracting environment.
Tight finish in IOCL’s PMC tender as L1–L3 bids land within 0.3% spread
8IOCL’s Rs 124 Cr PMC tender for Maharashtra sites saw L1–L3 bids clustered within a 0.3% range, suggesting mature pricing and limited room for undercutting. Six firms were disqualified, underlining the role of compliance documentation and technical rigor.

Here is an update:
 8Twenty GAs still stuck in neutral despite years of CGD licensing
 Several gas network areas across Assam, Kerala, Tamil Nadu, and Chhattisgarh report no PNG connections or pipelines, raising serious questions about rollout accountability.
 8Tamil Nadu’s city gas buildout falters in its newest districts
 Despite big commitments, many Tamil Nadu GAs are showing negligible progress on PNG and pipeline targets even after years of authorization.
 8Kolkata expands, but Bengal’s rural CGD zones barely register progress
 The state capital leads by example, but adjoining districts in West Bengal continue to underperform, failing to convert ambitious targets into real-world gains.
 8Gujarat’s legacy networks continue to outperform the rest of India
 Older GAs in Gujarat show strong pipeline growth and PNG overachievement, indicating that early movers remain more efficient than newer entrants.
 8Punjab’s new CGD regions show weak start and low momentum
 Recent licensees in Punjab struggle to scale PNG connections, with many zones failing to achieve even initial rollout benchmarks.
 8Eastern Uttar Pradesh shows mixed signals on gas infrastructure
 Some districts report modest recovery, but most eastern UP GAs continue to lag behind in pipeline coverage and domestic connection delivery.
 8Major licensees fall short in multiple newly awarded districts
 Large players including public and private entities are under-delivering across new GAs, especially in Odisha, Telangana, and central India.
 8Dozens of CGD zones still below the hundred inch-kilometer mark
 Pipeline rollout remains stalled in many areas, with a significant number of networks yet to achieve basic coverage levels.
 8Massive target overachievement in select cities exposes flawed benchmarking
 A few urban zones are surpassing PNG targets by huge margins, pointing to unrealistic MWP baselines during licensing.
 8India’s northeast gas expansion remains stuck on paper
 New licenses across Arunachal Pradesh, Mizoram, and Tripura show no physical progress months after award, casting doubt on operational feasibility.
 8Most CGD networks have yet to cross the halfway mark
 Despite multiyear rollout periods, more than half the GAs are still far from reaching even half of their MWP commitments.
 8India’s newer CGD rounds are dragging national progress down
 While early licensed GAs have matured, the most recent rounds continue to show weak execution, exposing a widening performance gap.                          

8Find out how

8High tech costs, long gestation, and operational complexity are turning early bio-CNG bets into margin traps.