News & Bulletin Updates

Demand for Manganese sulphate in the Mumbai market has been strong, leading to an increase in its price.

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On May 13, 2023, the price of Manganese oxide was increased in the Mumbai market.

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According to petrochem sources, Zinc oxide prices in Mumbai's Domestic market have gone up owing to restricted product supply.

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Reliable sources within the petrochemical industry have confirmed that the Mumbai market has witnessed a decrease in the prices of Palm wax.

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On May 13, 2023, Delhi witnessed a fall in Silane coupling agent Grade LT550 prices.

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On May 13, 2023, Petrochem sources reported a fall in Styrene butadiene styrene grade LG501 prices in the Ahmedabad market.

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On May 13, 2023, aniline prices in the domestic market of Delhi experienced a decrease due to weak regional demand and inadequate supply.

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According to reports from metal sources, the price of platinum in Delhi has remained consistent.

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In the Delhi metal market today, the prices of zinc oxide experienced a decrease.

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May 13, 2023: MIBK quotes at Kandla

MIBK prices were assessed lower in the Kandla Market today.

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An increase in MEK prices has been noted in Kandla today.

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May 13, 2023: MX quotes at Kandla

MX prices were assessed lower in the Kandla market today. 

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Demand for DEG in the Hazira market has been strong, leading to an increase in its price.

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Urea (Granular) and Captive Power Unit Expansion Project
8Cost: Rs 700 Crore
8Project Event: The project is still on hold, internal discussion is ongoing, the project is likely to be active in Q2 2023. RFQ for the contractor is likely to be released in Q3 2023.
Sulphuric Acid and Captive Power Unit Expansion Project
8Cost:Rs 300 Cr.
8Project Event: VSP plant expansion is under implementation, The project has elicited the Environmental clearance in January 2018, RFQ for the Technology licensor as well as Contractor is likely to be released in Q2 2023.

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8Gujarat Gas seems to be clawing back market share on the back of lower gas prices

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It is now finally settled
8This new ammonia urea plant is indeed coming up
8It has started recruiting people

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Hazira Plant Gas Terminal Restoration Phase-I (ONGC)
8Contracting is on

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8Project Name: Seraikela-Kharsawan District City Gas Distribution
 
8Project Cost: Rs 300 crore.
 Click here for more details.

 8Project Name: West Singhbhum District City Gas Distribution
 
8Project Cost: Rs 200 crore.
 Click here for more details.

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

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The LNG market may in the doghouse right now
8But even so, new projects are still being thought of
8Here is a deepwater port where a fresh LNG project is proposed

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May 12, 2023: NTPC gets amended EC

8Why has NTPC moved from Air Cooled Condenser System (ACC) to Water Cooled Condenser System (WCC) for its a 2x800 MW Super-Critical Thermal Power Project?

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8Grid-scale batteries will crimp demand for gas
8Find out how?

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8S N Subrahmanyan has been appointed as a CMD at L&T Ltd
 
8Also the company has appointed two Independent Directors

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8The company gets a ToR for its a coal based thermal power project

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8State power generator had sought environmental clearance (EC) for its an expansion thermal power project
 
8But did not succeed
 
8Find out why?

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