News & Bulletin Updates

There is a big jack-up rig tender coming up
8What kind of a response can be expected?

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8Project Name: Panipat District City Gas Distribution
8Project Cost: Rs 300 crore

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8Project Name: Chandigarh District City Gas Distribution
8Project Cost: Rs 300 crore

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Mar 28, 2022: Reshuffle in GAIL

8There has been a top level reshuffle in GAIL

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Nano Fertilizers is the flavour of the season
8Earlier IFFCO was taking the lead, but now more companies have jumped into the fray
Water Soluble Fertilizer Greenfield Project
8Cost:  200 Crore
8Project Event: RFQ for the preparation of the Techno Economical Feasibility Report (TEFR) has been out, and finalization is still due. RFQ for the LSTK contractor is likely to be released in Q1 FY 2022-2023

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The gas market is agog with all kinds of news, some confirmed and some yet to be unconfirmed
Here is an update:
8What kind of quantity restrictions are being imposed by gas suppliers
8Which company cornered the bulk of the gas that was sold by RIL and at what price
8Also, find out more on why GAIL reduced the quantity of gas sold to 80 per cent of DCQ on March 4 and what happened subsequently?
8Did GAIL sell gas out of Henry Hub to the European market?
8Meanwhile, the LNG lobby in the US is using the war as an opportunity to push for quick regulatory approvals for fresh LNG capacity

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8A requirement for Molten Sulphur is coming up
8The bid due date of this tender is 4th of April 2022

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8India's largest gas utility GAIL (India) Ltd continues to pay for the LNG it imports from Russia's Gazprom in US dollars and will seek exchange rate neutrality in case payments are sought in any other currency such as Euro, two sources said.

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8Crude oil futures on Friday dropped by 1.06 per cent to Rs 8,574 per barrel as participants trimmed their positions on low demand.

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8Gas industry expert Sanjay Kumar on Friday took over as the new managing director of Indraprastha Gas Ltd - India's largest CNG distribution company.

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8Two officials of the Indian Oil Corporation Ltd (IOCL) arrested on graft charges in Maharashtra's Nagpur and Gondia districts were remanded to CBI custody on Saturday, an official said.

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8NATO offered Kyiv new military assistance and assigned more troops to its eastern flank on Thursday as London and Washington imposed fresh sanctions on Moscow in a show of Western unity against Russia's war in Ukraine.

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8A direct economic impact of the Russia-Ukraine war is that food, energy, and fertiliser prices will rise unless the animosities end soon.

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Mar 28, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia

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8The website carries here our weekly outlook for weekly outlook for carbon black
8Find out how prices are going to behave ahead

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8We are carrying here a weekly benzyl alcohol market report
8Find out what kind of prices are projected going ahead

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8The website carries here a weekly outlook on TDI prices
8Find out what our analysts are saying about how prices will behave till next week

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8Find out our weekly analysis, price charts and projections on Bisphenol A price movements for the coming week

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Petrochem sources at Delhi port reported a rise in caprolactam prices.

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On March 28, 2022, Petrochem sources reported a fall in TDI prices in the Mumbai market.

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Isophthalic acid prices in the Mumbai port have fallen sharply.

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Prices of rPP injection molding (polythene scrap) have come down in Mumbai.

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Benzyl alcohol prices have moved up in the domestic market of Ahmedabad.

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Pine oil prices registered a rise in the domestic market of Mumbai today.

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Petrochem sources reported a significant fall in lead oxide prices in Delhi today.

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