Two about-to-be-completed LNG projects may witness the government distancing itself from them.
8As the possibility of political liability looms
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DAP/NPK Greenfield Project
8Cost: Rs 300 Crore
8Project Event: RFQ for the LSTK contractor is likely to be released in March in place of January 2023, due to delay in the discussion. The PDIL has been selected for the preparation of the Techno-Economic Feasibility Report. Based on the feasibility report of PDIL, future action shall be planned
Nano DAP Greenfield Project
8Cost: Rs 325 Cr.
8Project Event: RFQ for the LSTK contractor is likely to be released at the end of February 2023 .The company has submitted the proposal for the term of reference in Oct 2022, which is granted in Nov 2022.

A sharp lift in acetone prices is noticed in Mumbai prices.

An elevated trend is noticed in MX prices.

Benzene prices have escalated in the Vizag market today.

Inco nickel prices in Delhi are at Rs.4240/Kg, a spike of Rs.10/Kg, from the last price of Rs.4230/Kg.

On February 02, 2023, Petrochem sources reported a fall in isoprene rubber grade SKI-3s prices in the Ahmedabad market.

On February 2, 2023, cyclohexane prices were pushed higher in the Mumbai market.

Petrochem sources confirmed that acrylonitrile prices have slipped in the Kandla market.

Petrochem sources reported a massive fall in aniline prices in the Mumbai chemical market.

Petrochem sources reported a significant fall in aluminium alloy ingot prices in the Ahmedabad market.

An elevated demand trend is noticed in butyl cellosolve prices.

Robust demand has lifted acetone prices in the Mumbai market.

Rhodium prices were quoted lower in the Mumbai metal market today.

On Feb 02 2023, Petrochem sources reported a cut in zinc alloy Grade-Zamak3 prices in the Delhi metal market.

Petrochem sources reported a significant fall in zinc oxide prices in the Ahmedabad market.

Manganese oxide prices firmed up in Ahmedabad in anticipation of tight regional product availability and improved buying sentiments.

Manganese sulphate prices witnessed an increase today.

On February 02, 2023, Naphtha prices were registered to move up in Europe on account of positive buying trends in the region.

On February 02, 2023, Butadiene (BD) prices have been reported to be steady in South Korea, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

On February 02, 2023, the price of crude oil in the US Gulf was $76.41/barrel (FOB) for WTI with a fall of $2.46/barrel.

Silane coupling agent grade Si69 prices registered a rise in the domestic market of Delhi.

Petrochem sources confirmed that caustic soda lye prices have slipped in the Dahej market.

DINP prices are low in the Ahmedabad market today.

On February 02, 2023, Petrochem sources reported a down in the prices of DIBP in the chemical market of Delhi.