News & Bulletin Updates

A cut in recycled PP injection molding prices was announced in Delhi today.

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A sharp cut in acetamiprid 97% prices was announced in the Ahmedabad market today.

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Thiamethoxam 98% prices have gained in the Delhi market.

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Imidacloprid 97% prices were much lower in the Mumbai market today.

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Petrochem sources in Mumbai have reported a rise in Acetonitrile prices.

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DOP prices were assessed lower in the Chennai market.

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

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NBA prices were assessed higher today in the Chennai chemical market.

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On May 26, 2022, IPA prices moved higher in the Chennai market.

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SM prices moved higher today in the Mumbai chemical market.

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Sodium hexametaphosphate prices in the Ahmedabad market have fallen sharply.

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Potassium dihydrogen phosphate prices have climbed down in Mumbai.

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Pendimethalin prices have shot up in the domestic market of Delhi.

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8The Energy Policy Institute at the University of Chicago Trust in India (EPIC India) and the Abdul Latif Jameel Poverty Action Lab (J-PAL) signed a Strategic Partnership agreement with the Gujarat government to set up India’s First Carbon Trading Market on Monday.

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8State-run Coal India will open this year what is expected to become one of the country's biggest coal mines, Reuters reported citing officials.

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8A sharp increase in the prices of solar modules and commodities such as steel, together with rising freight costs, will affect 25 GW private solar capacity under construction in India, CRISIL Ratings said in a report on Wednesday.

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8Amid a crushing coal crunch, India’s largest electricity producer NTPC is looking at ramping up Black Diamond production by 86% to 26 million tonnes (mt) from its captive mines in the current financial year, even as the power ministry has raised the requirement of domestic coal for the sector by 10% to 742 millions tonnes.

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8Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a 82 per cent decline in net profit in the quarter ended March 2022 as the firm held fuel prices despite rise in cost.

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8Skyrocketing international fossil fuel rates, particularly of natural gas, due to the Russia-Ukraine war and a supply squeeze by energy exporting countries have compelled India to change its clean energy transition road map and revert to using both domestic and imported coal in a big way to meet its energy needs, a top government functionary said.

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8India will continue to buy "cheap oil" from Russia but has not finalised terms of the discount, a senior government official familiar with the matter said on Wednesday.

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8The government is exploring a payment mechanism for the import of oil from Russia in view of the sanctions imposed by the US and European countries following Moscow's attack on Ukraine.

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8For the first time in several months, retail fertilizer prices were mixed, according to prices tracked by DTN for the third week of May 2022.

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8The government has also put a cap on the sugar exports and included it under the ‘restricted category’ with effect from June 1.

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May 25, 2022: Daily import matrices

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8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and Dry cargo
8Port Update

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8Here is an analysis wherein some of chemical lines have been identified wherein India's exports to China are less than USD 50 million despite India exporting substantially to the world and China importing significantly from the world

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