News & Bulletin Updates

Petrochem sources, on July 18, 2022, confirmed a fall in toluene prices in the Hazira market.

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On June 18, 2022, Petrochem sources reported a fall in phenol prices in the Mumbai market.

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A sharp fall in NBA prices in the imported market of Kandla was recorded today.

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Petrochem sources reported a massive fall in DOP prices in the Ahmedabad chemical market.

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On July 18, 2022, the Kandla market witnessed a rise in acetic acid prices.

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Robust demand has lifted DEG prices in the Hazira market.

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8India’s crude cost has slipped below $100 per barrel for the first time since April in step with this week’s fall in benchmark rates.

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8India’s largest natural gas processor and distributor GAIL plans to invest big money to boost clean energy capacities through this decade.

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8From convenios at petrol pumps to fleet cards and consumer clubs, fuel retailers are always looking for ways to create customer following among car owners or fleet operators.

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8An Adani Group-led consortium in partnership with Israel’s Gadot Group will acquire the company operating country’s mega Haifa Port for $1.8 billion.

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8There seems more to the easing of oil prices than just recession fears.

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8Union Fertiliser Minister Mansukh Mandaviya some days ago hoped India would eliminate urea import by 2025 through the increased domestic production and enhanced use of nano urea, which cuts the consumption of traditional urea by as much as 30 per cent.

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8Crop Care Federation of India (CCFI), largest manufactures and exporter of pesticides in India, is of the firm view that present GST of 18% on pesticides is logically good.

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8ACME group a pioneer in cleantech sector such as solar, green hydrogen and ammonia development, Scatec ASA a leading renewable power producer and Yara International ASA a leading global ammonia player, have signed a term sheet for offtake from the first phase of green ammonia from Oman.Oman has excellent conditions for renewable energy and a strategic location to produce green ammonia for export to both Europe and Asia, which are the pacesetters in reducing CO2-emissions.

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8Fertilisers shares closed higher in the Friday's session.

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8India announced new renewable energy goals last year to increase non-fossil power capacity to 500 GW and meet 50% of the country’s electricity needs through renewables by 2030.

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SBR grade 1502 prices have escalated in the Mumbai market, today.

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On July 16, 2022, Petrochem sources reported a cut in EPDM grade 330 prices in the domestic market of Mumbai.

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Prices of rPP injection moulding (polypropylene scrap) have witnessed a sharp decline in Mumbai.

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Titanium wire prices have shot up in the metal market of Delhi.

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Petrochem sources reported a significant fall in silicon metal grade- 553 prices in the Mumbai metal market.

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Robust demand has lifted butyl cellosolve prices in the Kandla market.

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Propionic Alcohol prices registered a fall in the imported market of Hazira.

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Hexane prices in the Kandla market have fallen sharply.

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Butyl acetate prices in the Hazira market have registered a heavy fall today.

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