There is now a differential between global spot prices and domestically traded gas in India. A big one at that.
8What is this on account of?
8Is it market imperfection? Or is it that such gas prices are unaffordable?
8Then again, clearly, the most prized volumes are those which are price capped

This company had a gas offtake deal through a auction process
8But it has now renegotiated the gas rate
8Is it legal?

8Big deal deals have happened

There has been a crucial reshuffle in the DOF
8And these are crucial for the industry

8One Rock Phosphate shipment has arrived on 31 August 2022
8Two Sulphuric acid shipment has arrived on 31 August & 2 September 2022
8One MOP shipment is coming on 05 September 2022
8One Urea shipment is coming on 06 September 2022

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8While India has been taking much more Russian crude this year, the US is pressing New Delhi to agree to a bold plan to cap the price of the country’s oil to deny revenues to Moscow.

8Even though decks have been cleared for the proposed fertiliser plant at Sarvepalli village of Venkatachalam mandal in the district owing to a nod from the High Court, there are doubts on its establishment as the Union government earlier expressed doubts over viability such as high capital cost and excessive cost of key raw materials that would come in the way of running the unit efficiently.

Dichloromethane prices firmed up at Mumbai in anticipation of tight regional product avails and improved buying sentiments.

Petrochem sources from Mumbai have reported a rise in caustic soda flakes prices.

An increase in gold prices has been noted in Mumbai today.

Lead oxide 99% prices fell in the Delhi market today.

Silicon metal grade 553 prices have escalated in the Ahmedabad market today.

On September2, 2022 the price of N-butyraldehyde was further increased in the Ahmedabad market.

There was a sharp fall in the prices of BDO in Delhi chemical Market today.

Petrochem sources reported a significant fall in octanol prices in the Hazira market.

Isobutanol prices firmed up at Kandla in anticipation of tight regional product avails and improved buying sentiments.

Petrochem sources reported a significant fall in benzene prices in the Vizag market.

MX prices are gradually declining in the Kandla chemical market.

C9 solvent prices are gradually declining in the Mumbai chemical market.

On September 2, 2022, Petrochem sources reported a fall in MIBK prices in the Mumbai market.

MEK prices were quoted lower in the Mumbai chemical market today.

On September 2, 2022, Petrochem sources reported a fall in benzene prices in the Mumbai chemical market.

Petrochem sources from Mumbai have reported a rise in acetonitrile prices.

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