News & Bulletin Updates

8Grace starts up a large-scale PP reactor in China which has now started up four Unipol PP technology plants
 8Grace has also signed a new license with PetroChina, and also another Chinese company has started up its second plant using Grace’s Unipol PP technology

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The Ahmedabad market has seen a rise in Anhydrous hydrofluoric acid prices due to increased demand, and industry sources predict that this trend will continue in the coming days.

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The prices of Benzyl alcohol in the Ahmedabad market have experienced an upward trend due to limited product availability and an increase in demand, as reported on May 09, 2023.

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As per Petrochem sources on May 9th, 2023, the Mumbai market experienced a decrease in prices for 2-Ethylhexanol due to insufficient supply and weakened regional demand.

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Due to an ongoing shortage of the product, the Delhi market experienced a surge in prices for Phosphoric acid 85% TC today.

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On May 9th, 2023, sources in the Petrochem industry reported that the industrial-grade sodium tripolyphosphate's cost in the Delhi market had decreased due to a decline in local demand.

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An increase in Zinc ingot prices has been noted in Mumbai today.

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Trimethylolpropane prices have risen attributed to limited product availability and a surge in demand, as reported in the Delhi market.

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Mumbai witnessed a surge in Palm Wax prices due to improved demand trends and limited product availability.

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In Delhi, the price of Pure acrylic emulsion increased due to constrained regional product availability and higher consumer sentiment.

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A supply crunch and improved buying sentiments have raised Lauric acid prices in the Delhi market.

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On May 09, 2023, Styrene-acrylic latex prices were pushed much higher in the Delhi market.

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As reported by petrochemical sources, the Ahmedabad market has witnessed a decline in the prices of MDI Mr200 due to a slowdown in regional demand.

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On May 09, 2023, petrochem sources reported a fall in the Mumbai market's TDI 8O/20 prices.

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An increase in Manganese oxide prices has been noted in Mumbai today.

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Silicon metal prices were reported lower in the metals market on May 09, 2023.

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

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May 09, 2023: DEG quotes at Hazira

DEG prices were assessed lower in the Hazira market today.

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

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8Crude and product tankers are positioned for an extraordinary earnings season in 2023.
8For container ships, time charter rates are expected to drop significantly.
8Freight rates and second hand prices for LPG vessels could be heading for a challenging year.
8LNG Carriers could be in for a bumpy ride with periods of surplus vessel capacity.

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This workover rig tender witnessed three bids
8One was selected

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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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NPK-DAP Greenfield Project
8Cost: Rs 100 Crore
A whole lot of contracting is currently on
Sulphuric Acid Greenfield Project
8Cost: Rs 100 Cr.
Contracting is on 

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Rs. 5000 crore greenfield standalone pump storage project: RFQ ahead
8Forest clearance stage 1 has been approved
8The TEC of the DPR has been approved.
8RFQ for the civil works package is likely to be floated in Q3 2023
Rs. 4600 crore greenfield pump storage project: RFQ ahead
8DPR consultant has been selected.
8Tender has been floated for the EIA consultant.
8RFQ for the geotechnical investigation and topographical survey is likely to be floated in June 2023.
 Rs. 610 crore greenfield hydroelectric power project: RFQ ahead
8Forest clearance stage 1 and stage 2 have been approved
8Bid evaluation is in progress for the HM works package.
8RFQ for the EM works package is likely to be floated in Q3 2023.

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Get an update on the following midstream projects
8Greenfield POL Terminal at Hinauti (IOCL)
8Greenfield Common User Facility (CUF) at Berhampur (IOCL)
8Greenfield POL Terminal and LPG Plant Warisaliganj (BPCL)

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