News & Bulletin Updates

On June 02, 2023, as per Petrochem source's information, the price of Adipic acid declined in the Mumbai market.

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According to industry insiders in the Delhi petrochemical sector, the price of hydrofluoric acid has risen significantly due to a global supply constraint.

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An elevated trend is noticed in sodium tripolyphosphate industrial-grade prices.

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The prices of 2-Ethylhexanol in the Mumbai market are gradually rising.

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In the Delhi market today, Styrene-Ethylene-Butylene-Styrene grade 7551 prices were graded lower.

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The price of Chloroform in the Mumbai market has increased due to low demand.

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PEG 400  prices in the Mumbai market were recorded today.

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DINP prices are slowly increasing in the Delhi market.

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Petrochemical sources in Delhi claim that DIBP has decreased significantly.

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An increase in PEG 600 prices has been noted in Mumbai today.

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Prices for PP (H030SG) have dropped significantly in the domestic market, particularly in the Chennai petrochemical sector.

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An increase in phenol prices has been noted at Kandla today.

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A significant fall in n-butanol prices in the imported market of Mumbai was recorded today.

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Cyclohexanone costs have fallen in Kandla's imported market today.

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Recently, the domestic market for propionic alcohol saw a drop in pricing, particularly in the Hazira sector.

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On June 2nd, 2023, the domestic market in Kandla saw a significant drop in methyl methacrylate (MMA) prices.

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On June 2, 2023, cyclohexane prices in Hazira's imported market fell significantly.

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Acrylonitrile (ACN) prices in the Kandla market have lately dropped significantly, according to reliable petrochemical industry sources.

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This Rs. 5700 crore hydel project has completed all its preparatory work: TEC has been granted but forest clearance stage-2 is to be cleared
8EC submission is in progress
8And civil package, combining lot 1 and lot 2, is expected in July, 2023
Rs. 5800 crore multi purpose project : RFQ ahead
8The civil package for this Rs 5800 crore multi-purpose project was awarded to L&T
8But a write petition was filed though it was dismissed
8Now the project promoter is trying to be extra careful, and the HM tender has been delayed
8It is expected now in July
Rs 870 crore intermediate greenfield hydroelectric project: SIA works completed
8The EIA / EMP report has been completed and it is yet to be approved by MOEF.
8The hydrology report of the project has been approved
8The SIA study was completed.
8RFQ for the civil works package is likely to be floated in July 2023

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8This LNG terminal bidding process has heated up.

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8There is yet another LNG terminal where work is about to start.

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8There are more developments on the IOCL-CPCL Nagapattinam project.

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

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8The Indian steel ministry is soliciting R&D ideas and spending 4.55 billion rupees ($55 million) under the National Green Hydrogen Mission to encourage the use of green hydrogen in iron and steel manufacturing

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8The global Iron Ore pellets market is estimated to reach US $ 78.24 billion by 2023, growing at a 4.1% CAGR from 2023 to 2033

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