On December 20, 2022, Petrochem sources reported a fall in aluminum scrap prices in the Mumbai market.

Petrochem sources from Mumbai have reported a rise in LDPE (glucose bottle scrap) prices.

High HDPE (edible can oil) prices were recorded in the Ahmedabad recycled market today.

HDPE (drum) prices were assessed lower in Mumbai today.

8According to traders and Refinitiv statistics, Reuters reported on Saturday that India is anticipated to continue to be the world's largest importer of Russian Urals crude oil in December.

L&T is emerging as a sole bidder now for offshore projects.
8ONGC is worried about it
8But so is L&T

LNG prices have gone up
8While LNG imports are however down
8So for lower imports we are paying much high

Here is a new gas auction
8Where the price can go as high as it can

8Some 70 high-end jobs are coming up in the oil & gas sector

8IOCL is experimenting with LNG dispensation stations

Business was good for ONGC once.
8Put out a tender and the world will flock in
Not any more

A sharp cut in pyraclostrobin 98% prices in the Mumbai chemical market was recorded today.

A steep rise in demand has lifted emamectin benzoate prices in Delhi.

Tebuconazole prices were quoted lower in the Delhi chemical market today.

NP (20:20:0:13) Fertilizer Expansion Project
8Cost: Rs 220 Cr.
8Project Event: 40% of the construction has been completed. The installation work for Rotary Dryer is ongoing. The project is likely to be commissioned in December 2023. The company has hired Nuberg for the supply of Design Detailed Engg, Procurement, Supply, Erection, and Commissioning,
NPK-TSP-GSSP Greenfield Project
8Cost: Rs 100 Cr.
8Project Event: RFQ for the LSTK contractor is likely to be released in Q4 2022-2023. The company has applied for a loan, which is likely to be elicited in Q4 2022 - 2023. The project has elicited environmental clearance

Petrochem sources reported a sharp fall in propiconazole prices in the Ahmedabad market.

Petrochem sources from Ahmedabad have reported a significant rise in abamectin 95% prices.

Difenoconazole prices have witnessed a significant fall in the Mumbai market.

Get the following midstream project updates:
8Paradip-Haldia-Durgapur-Patna-Muzaffarpur LPG Pipeline Expansion: Rs 3028 crore
8Capacity augmentation of Kandla LPG Import Terminal: Rs 730 crore
Find out more about what is going on, who the contractors are, what is the budgeted cost

Electrolytic copper rod prices were up in the Mumbai market today.

Rs 1348 crore greenfield standalone pump storage project: RFQ ahead for civil works package (lot-1)
8Techno-economic clearance of the project has been approved by the CEA.
8PMC has been selected for the project.
8RFQ for the civil works package(lot-1) is likely to be floated in Q1 2023
Rs 830 crore greenfield hydroelectric project: Project delayed.
8Bad weather and frequent landslides delayed the project for execution
8Forest clearance stage -1 is pending at the nodal office.
8RFQ for the civil package is likely to be floated in February 2023
Rs 108 crore 220 kV transmission line project: RFQ for P/S work in January 2023
8Forest clearance stage -1 is pending at the DFO.
8Approval from PTCC, railway, civil aviation, and defense is yet to be granted.
8Bid evaluation is in progress for S/S
8RFQ for the P/S is likely to be floated in January 2023.
 Rs 544 crore greenfield hydroelectric project: Civil work package(lot-2) in Q1 2023
8PMC of the project has been selected.
8The techno-commercial bid has been completed for the civil work package (lot-1).
8RFQ for the Civil package (lot-2) is likely to be floated in Q1 2023
Rs 305 crore 400 kV transmission line project: Conductor package in Q1 2023
8Forest clearance stage -1 has been approved but Stage 2 is pending at the DFO.
8Bid evaluation is in progress for the P/S works.
8RFQ for the ACSR moose conductor package is likely to be floated in Q1 2023
Rs 4800 crore greenfield thermal power station replacement project: AHP package in Q1 2023
8Contractors have been selected for DM and PT plants.
8Civil and structural works are in progress at the BTG site.
8RFQ for the AHP package is likely to be floated in Q1 2023
Get in touch with us for more on these project

On December 20, 2022, Petrochem sources reported a cut in the prices of wire rod grade 304 in the Delhi market.

Ethylene dichloride prices moved higher today in the Hazira chemical market.

8One Ammonium Sulphate shipment is coming on 19 Dec 2022
8One Urea shipment is coming on 20 Dec 2022 
8Two DAP shipments are coming on 21 Dec 2022

Propylene glycol prices were quoted lower in the Kandla chemical market today.