News & Bulletin Updates

How does the Russia Rouble payment system actually work?
8And what are its implications?

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Cairn India did not have a great year in 2021-22.
8Overall production was down, declining production in its mainstay Barmer fields was not fully cushioned with extra output from polymer flooding
8Find out how much gas the company has been able to produce

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8Sky-high fertilizer prices have farmers worldwide scaling back its use and reducing the amount of land they are planting, and the fallout from the Ukraine-Russia conflict has some agricultural industry veterans warning of a global food shortage
8Fertilizer prices will keep setting new record highs in 2022 and 2023

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Domestic APM gas prices have gone up 110% to $6.1/mmbtu in first half of FY2023
8This price will go up further in H-2 it seems

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Apr 08, 2022: Briefs

8The last date of bidding for 0.21 mmscmd of domestic gas been revised
8This oil company has finally got the state pollution control order vacated to start gas production
8A senior EIL team was in Mongolia
8What should India's strategy be for import of crude from Russia as secondary sanctions are soon going to bite

8Asia goes off spot LNG as European demand surges

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Apr 08, 2022: Daily import prices

8One Rock Phosphate Shipment will reach on the 9th of April 2022
8One MOP Shipment will reach on 12th of April 2022
8One NPS Shipment will reach on 7th of April 2022

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8The hunt for an FAI Director General is still on
8A few candidates were shot listed but rejected

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Get the best projections of how oil prices are going to behave in 2021 and 2022.
8There are many variables in the picture but averages are well above $100/bbl in the two years

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How many members in the PNGRB are needed to form a quorum?
8There is now some clarification on the subject, as there is a controversy still brewing over how many members are needed to form a quorum
8Also, how many decisions were taken which can be legally contested?

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Ammonium Nitrate Melt Greenfield Project
8L&T is the winner
SSP-Sulphuric Acid & NPK Fertilizer Expansion Project
8Cost:75 Cr.
8Project EventThe project has been elicited environmental clearance, the internal discussion is still ongoing. RFQ for the LSTK contractor is likely to be released at the end of May 2022

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Apr 07, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia

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Phenol  prices have moved significantly higher today in Chennai.

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Petrochem sources have reported a huge fall in DOP prices in the Chennai market.

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Toluene prices registered a sharp rise in the imported market of Kandla. 

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Petrochem sources in Delhi  have reported a huge rise in gold prices.

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A huge rise in zinc oxide prices was reported in Mumbai today.

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

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Acrylic acid prices have been revised in Mumbai.

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Polystyrene sheet prices were much higher in the Mumbai  market today.

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On April 7, 2022, SBS grade 1475 prices moved significantly higher in the Mumbai market.

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Glycerine  prices were much assessed higher in the Ahmedabad market today.

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Petrochem sources, on April 7, 2022, confirmed that butyl rubber grade 1675N prices had fallen in Ahmedabad.

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On April 7 2022, butadiene prices were reported to be steady in South Korea, South East Asia, Rotterdam due to stable demand patterns in the respective countries.

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On April 7, 2022 Naphtha prices were registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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The international crude oil price of Indian Basket was quoted at around $103.94 per barrel on April 7, 2022.

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