An increase in MX prices has been noted at Kandla today.

Toluene prices have escalated in the Hazira market today.

Petrochem sources have reported a fall in aniline prices in the Kandla market.

VAM prices have moved higher at Hazira.

Petrochem sources have confirmed a fall in MMA prices in the Kandla market

8The stock of Oil India hit an over seven-year high of Rs 302.80 as it rallied 8 per cent on the BSE in Thursday’s intraday trade, on the back of strong outlook based on increase in crude price and domestic gas price realisations.

8The key equity barometers traded near the flat line, with some positive bias in early afternoon trade.

8A recent report by the Wall Street Journal (WSJ) published on June 1, says that some oil companies have been supplying discounted Russian oil to the US and in this regard it specially mentions Indian companies.

8Russia's Rosneft is holding back on signing new crude oil deals with two Indian state refiners, three sources with knowledge of the matter said, as it has committed sales to other customers.

8The government of Nepal is preparing to bring 80,000 metric tons of fertilizer from India.

8Fertilisers stocks were trading lower on Wednesday at 10:14AM NSE 1.18 % & Fertilizers(up 2.36%), Aries Agro(up 0.40%), KRISHANA(up 0.26%) and NSE -2.51 % & Chemicals(up 0.03%) were among the top gainers. Nagarjuna Fertilizers & Chem(down 4.93%), Agro Phos(down 2.41%), Madras Fertlizers(down 1.93%), G S F C(down 1.38%), NSE -4.15 % & Fertilizers(down 1.28%), Madhya Bharat Agro Products(down 1.10%), Southern Petrochemicals Industries(down 0.81%), National Fertilizer(down 0.70%), NSE -1.69 % & Fertilizers(down 0.69%) and NSE -5.58 % Fertilizers (down 0.68%) were among the top losers.

8A new director (commercial) takes over at the Naclo
8Also, an Independent director takes over at the company

8Rajiv Kumar Gupta has ceased as director and chairman of Indian lignite mining company

8Coal based power generation in the month of May 2022 has been 98609 MU in comparison to 102529 MU in Apr 2022
8Find out more

8The Union ministry has paved the way for small consumers to get access to green power by reducing the limit of open access transaction by 10 times to 100 kilowatt (kw) and curbing the surcharges to be built into tariffs.

8The Commission for Air Quality Management (CAQM) has issued directions to ban the use of coal in industrial, domestic and other miscellaneous applications in the entire Delhi-NCR region from January 1, 2023.

8Electricity generation companies (gencos) have started the process of importing coal for blending purposes, Union Power Minister R K Singh said on Tuesday.

8An analysts' meet is up ahead on Deepak Fertilizers

8The Association of Natural Rubber Producing Countries (ANRPC) has revised up its estimates for global NR consumption outlook amid ongoing challenges in the market

Paragon Polymer Products Private Limited Pvt Ltd is engaged in the manufacture and trading of footwear since 1975 and holds a dominant position in the ‘hawai’ slipper segment in India. The company diversified its product portfolio with the addition of Ethylene Vinyl Acetate (EVA), Polyurethane (PU) and Poly Vinyl Chloride (PVC) based footwear in the recent years.
8There are pressures on the company now

8There is a conference coming up on use of elastomers in electric vehicles

Dutron Polymers Ltd has been one of the early users of Japan’s Sekisui CPVC compound - ‘Durastream’ in India, and these CPVC pipes are established as quality products for the hot and cold-water plumbing system.
8In any case, the HDPE & PVC pipe market growth depends on a whole lot of factors
8And Dutron's fortunes are intertwined with them

Pooja Plasto Colour Pvt Ltd produces Thermo Plastic Rubber (TPR) compound which is mainly used in the footwear industry.
8Is it in trouble?

8The government decided to backtrack on anti-dumping duties on this particular petrochemical product

8There are not just tariff issues but there are many non-tariff barriers that exporters face
8As an exporter, here is a forum where you can talk about these issues so that the government can take some action in bilateral and multilateral forums