News & Bulletin Updates

Dicyclopentadiene Content: 80-85% prices decreased in Mumbai in anticipation of tight regional product avails and improved buying sentiments.

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An elevated trend is noticed in acrylamide prices.

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On February 23, 2023, Fine c5 prices were down in the Ahmedabad market.

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Dry pulp prices witnessed a massive fall in the Mumbai market today.

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Petrochem sources reported a significant fall in TOTM prices in the Mumbai chemical market.

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On 23 Feb 2023, petrochem sources reported that prices of polyacrylamide had increased in the Mumbai market.

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On February 23, 2023, Petrochem sources reported a fall in ortho-xylene prices in the Mumbai market.

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Aniline prices moved higher today in the Mumbai chemical market.

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8New technologies for nutrient recovery from the soil are on the anvil with exciting possibilities
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8Some of the global fertilizer companies have one distinct advantage over let us their Indian counterparts
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Feb 22, 2023: Fertilizer Briefs

Fertilizer-cum-chemical producer looking for methanol. Click on Reports for more
8Cash strapped Sri Lanka floats a fertilizer tender. Click on Reports for more
8Rock phosphate end users will always be challenged if they do not have upstream ownership. Click on Reports for more
8Fertilizer company looking for manpower. Click on Reports for more
8If you are a small fertilizer company with a low equilibrium operation, it is tough going uphill. Click on Reports for more
8This fertilizer company hires a foreigner at a senior position for international networking. Click on Reports for more
8Another fertilizer company gets a nominee director. Click on Reports for more
8Here is a template on bio-fertilizers. Click on Reports for more

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Get here the cotton prices for today
8China Cotton Index : 21-02-2023: 15475 Yuan (Changed: -14)
8Karachi Cotton Association Spot Rate: 21-02-2023: Pak 20035 (37.324Kg) (Un-Changed: )
8MCX - Cotton Future-CottonCndy : 21-02-2023: Apr : 2023 : Rs. 63260 (Changed: +420 )
8NYBOT- Cotton Future: 21-02-2023: Mar : 2023 : $ 80.92 (Changed: +0.67)

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Get the daily updates for forward looking, highly disaggregated, import schedules
8LNG
8Crude
8Chemicals
8Coal-Coke
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update
Click on Reports for more

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Land acquisition and a public hearing have been completed.
8Contractor has been selected for civil works.
8Pre-bid meeting has been completed for the HM works package.
8RFQ for the HM works package is likely to be floated in Q2 2023
Rs 830 crore greenfield hydroelectric project:  Tender floated
8Techno-Economic Clearance (TEC) has been approved by the CEA.
8CWC has approved the hydrology report of the project
8The tender has been floated for the PMC package.
Get in touch with us for more on these project.

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Augmentation of Mangalore Terminal (IOCL)
8Tender expected ahead
Brownfield Kandla LPG Import Terminal Augmentation
8Get the names of contractors and commissioning date
Click on Details for more.

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Water Soluble Fertilizer Greenfield Project
8Cost: 200 Crore
8Project Event: A consultant is appointment for preparation of Techno- Economic Feasibility Report (TEFR). RFQ for the LSTK contractor is likely to be released in April 2023.
Nano Urea & Phosphate Rich Organic Manure Greenfield Project
8Cost: 250 Cr.
8Project Event: RFQ for the LSTK contractor is likely to be released at the end of March 2023. The minister laid the foundation stone for the Nano Urea project and a Phosphate Rich Organic Manure project.

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Between a few weeks of closing an Indian gas auction, competitive spot prices fall below the auction price.
8Leaving buyers high and dry
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8The country's biggest current gas tender is closes today
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Public sector tendering is notoriously sluggish
8And many a deal is lost by those who would otherwise had won them because they are trapped inside them
8At long last, one of the oil companies have come out with a series of long-needed clarifications
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A bunch of CGD operators who ran to the court against the regulator had to return with their tails between their legs.
8It smacks of irresponsible conduct.
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This is a government that does not listen to protesting oil company PSU employees
8But here is one rare instance where the government backtracked, and employees won a one-of-its-kind victory.
8Credit goes to the minister too, unlike his predecessor who will brooked no dissent, that he understood the other other side of the picture
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Vedanta is going through an approval process for one of its North East projects
8What will be produced is 12 mmscmf of gas and 6000 bpd of oil
8Clearly, the economics is great, given the cost and the daily proposed output
8But then there is always a cost involved. Four wells are inside a pristine, very ecologically sensitive zone. Further, one of the wells is just half a km from an equally pristine river.
8Under an amendment, the environment ministry has said that a B2 project, under which Vendanta says it qualifies, the E&P job does not need a public hearing. Is that a mistake, to do away with a consultation process once again with people who have lived of these lands for dozens if not hundreds of generations? How should a project where E&P production will take place be qualified as a B2 project when there is so much at stake? 
8In the name of development, is the government sometimes in a hurry to push these projects, for they bring in money, but then there is always a huge cost that subsequent generations have to pay?
8Since oil is fungible, and we have sufficient foreign exchange reserves, is it best to import oil than spoil whatever is left of our unpolluted rivers and forests, in what is a very beautiful part of our country?
8In really pristine areas of the North East, even though Vendanta will no doubt follow a good environment damage mitigation plan, shouldn't the cost and benefits be weighed with more care than elsewhere.
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8Reliance Jio has become the first and the only operator to launch 5G services in the majority of these cities.
The company announced the launch of its True 5G services across 20 cities.
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8Find out what the company has to say about its financial statistics and future ventures.
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8ArcelorMittal, the world's largest steelmaker headed by Lakshmi Mittal, plans to increase its steel presence in India by expanding the Hazira plant, building additional capacity in Odisha, and acquiring NMDC's steel factory and Indian Steel Company. The business, together with joint venture partner Nippon Steel, is investing 60,000 crores to increase its steelmaking capacity at Hazira from 9MT to 15MT per year.
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