News & Bulletin Updates

Petrochem sources reported a revision in benzene prices at Vizag today.

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A fall in toluene prices in the imported market of Kandla was noted on April 23, 2022.

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Petrochem sources have reported a fall in MEK prices in the Mumbai market.

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On April 21, 2022, Petrochem sources reported a fall in acetic acid prices in the imported market of Mumbai.

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Acetone prices in the imported market of Mumbai have fallen sharply.

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Aniline prices registered a fall in the Mumbai market.

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8Russian energy commodities exports from Baltic and Black Sea ports have unexpectedly risen in April as crude shipments divert to India and other Asian destinations and diesel exports to the continent remain stable, vessel-tracking data shows

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8This low profile private sector company operates one of the longest pipelines in India
8Find out what the management structure is

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Apr 23, 2022: CGD: Hard times ahead

It looks like the CGD sector in in a very bumpy ride ahead
8And promoters may find it unviable to expand or set up networks

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Green ammonia is starting to look viable in India.
8Find out more about its cost-economics here
8There is now a call for the fertilizer industry to transition towards green ammonia
And what kind of advantages India has to reach this threshold

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DAP Expansion Project
8Cost: 20 Crore
8Project Event: The environmental clearance is still under process which is likely to be elicited at the end of May 2022, RFQ for the LSTK contractor is likely to be released in June 2022.
 
Sulphuric Acid Greenfield Project
8Cost: 50 Crore
8Project Event: The project has been elicited the environmental clearance in March 2022, RFQ for the local contractor as well as equipment supplier is likely to be released in July 2022

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It looks like the CGD sector in in a very bumpy ride ahead
8And promoters may find it unviable to expand or set up networks
8The petroleum ministry sees logic in not cutting fertilizer supplies further
Find out why

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Apr 23, 2022: Urea purchases are on

8Urea purchases by India are on

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Apr 23, 2022: Daily import prices

8One Ammonia Shipment will reach on the 25th of April 2022
8One Phosphoric Acid Shipment will reach on 25th of April 2022
8One Sulphuric Acid Shipment will reach on 24th of April 2022

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Apr 23, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia

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8Brent crude futures were down $1.17, or 1.1 per cent, to $107.16 a barrel at 0420 GMT, while US West Texas Intermediate (WTI) crude futures had declined $1.17 cents, or 1.1 per cent, to $102.62 a barrel.

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8The Russia-Ukraine conflict has disrupted the economies globally and India too isn’t untouched, as crude oil and gas prices post the conflict have skyrocketed with disruption in global supply chain.

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8The London-listed company is in joint talks with Chinese state-run oil companies CNOOC Ltd, CNPC and Sinopec over its 27.5 per centholding in the Sakhalin-2 liquefied natural gas venture, the British newspaper said.

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8According to a study, due to an unusual spike in the cost of raw materials and fertilisers globally, the fertiliser subsidy is anticipated to reach an all-time high of Rs 1.65 lakh crore this financial year, compared to the budget projection of Rs 1.05 lakh crore.

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On April 22, 2022, Petrochem sources reported a steady trend in Palladium prices in the Mumbai metal market.

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Zinc alloy prices have moved down in the metal market of Delhi.

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A fall in isophthalic acid prices in the imported market of Ahmedabad was noticed on April 22, 2022.

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NPG prices in the Mumbai market have registered a fall today.

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Light soda ash prices have escalated in the Ahmedabad market, today.

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Isobutylene prices have gained in the Mumbai market today.

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