Dicyclopentadiene prices were assessed lower in the Mumbai market today.

Petrochem sources reported a significant fall in diethylene glycol monobutyl ether prices in the Ahmedabad chemical market.

On November 8, 2022 sodium fluoride prices were pushed much higher in the Mumbai market.

Petrochem sources reported a fall in aluminium fluoride prices in the Delhi chemical market.

On November 8, 2022, Petrochem sources reported a fall in refrigerant R134a prices in the Ahmedabad market.

PVC prices in the international market remain unaffected, with prices remaining unchanged.

On Nov 7 , 2022, naphtha prices have been registered to move up in NW Europe on account of positive buying trends in the region.

You come out with a policy first and then you start the process of rolling it back slowly through a series of trial-and-error steps.
8This is what is going on with tenders worth Rs 200 crore  as new rules stipulate that they cannot go through the global tender route
8Clearly, Indian producers are not in a position to create high value, high-quality oil & gas equipment, for even if they have the capability, the local market is too small, unless these producers have global scale, to make these items at a reasonable cost

More DAP purchases are being made by Indian buyers
8Find out how prices are behaving

In the ideal context, it would be easy to assume that GAIL should make super-normal profits.
8After all, it has 5.8 million tonnes of cheap Henry Hub priced LNG, and if it were to arbitrage a few of these cargoes in the very high-priced European or JKM markets, it would make more profits than the company would earn in a year from its regular activities
8But the reality was different, it seems

Half of global methane emissions have been tracked to 30 companies
8Find out which Indian companies figure in this list

For this particular gas auction, ONGC claims it has got a massive response
8So there is a delay in the auction process

8There is now all-round consternation over the fact that ONGC does not have a full-time chairman for 19 months
And anger is spilling over

8A new management team wants to take this E&P company to another level of enterprise

8Ship recycling companies are facing tough times in India

8Both crude and gas prices are expected to stay high in 2023
Get a detailed analysis here

8Corporate purchase of renewable energy is on the upswing in India
8But India is also reportedly the 6th most challenging market in the world

8HOEC claims it has successfully broken the lock jam in its offshore B-80 field

Phosphoric acid Expansion Project
8Cost: Rs 130 Cr.
8Project Event: 70 % of construction work has been completed, Installation of main units is ongoing, the project is likely to be completed in January 2023 in place of December 2022.
Ammonia/Nitric Acid/SOP Greenfield Project
8Cost: Rs 200 Cr.
8Project Event: The company is still talking with a local contractor for the hiring of an LSTK contractor, and that is likely to be completed in December 2022. The company has elicited the environmental clearance for the project in April 2022

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8Two Rock Phos shipment is coming on 7 & 14 Nov 2022
8One Sulphuric acid shipment is coming on 8 Nov 2022
8One NPK shipment is coming on 11 Nov 2022
8One ammonium Nitrate shipment is coming on 9 Nov 2022
8One Molten Sulphur acid shipment is coming on 12 Nov 2022

A cut in stearic acid prices in the domestic market of Mumbai was noticed on November 07, 2022.

NPG prices were assessed lower in Mumbai today.

Petrochem sources confirmed that polymeric MDI prices have slipped in the Delhi market.

On November 7, 2022, polystyrene sheet prices moved down in the  market of Mumbai.