News & Bulletin Updates

8Mangalore Refinery & Petrochemicals (MRPL) jumped 4.47% to Rs 71.25 after the company posted a net profit of Rs 3,008 crore in Q4 FY22, steeply higher than net profit of Rs 268 crore in Q4 FY21.

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8State-owned GAIL (India) Ltd will build one of India's largest proton exchange membrane (PEM) electrolyzer at Guna in Madhya Pradesh to produce green hydrogen by the end of 2023, as it looks to supplement its natural gas business with carbon-free fuel.

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8International oil prices were gyrating in volatile mode as economic concerns and recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe. Oil prices dropped more than 1 per cent on Thursday.

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8The consequences of the war in Ukraine are plenty. Many sectors are impacted by the conflict, with prices rising on raw materials, metals, oil and the arms industry. Let's not forget the impact on the fertilizer industry.

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8The industrial production of chemical fertilizers is a fundamental reason why the planet is currently able to feed almost 8 billion people.

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8One hundred years ago, synthetic nitrogen fertilizer was invented.

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On May 13, 2022 PVC prices in the International market remained unaffected, with prices remaining unchanged.

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On May 13 , 2022, Naphtha prices were registered to move up in NW Europe.

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The international crude oil price of the Indian Basket was quoted at around $104.29 per barrel on May 13, 2022.

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A significant cut in cyhalothrin 95% prices was registered in the Delhi chemical market.

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Petrochem sources have reported a surge in thiamethoxam 98% prices in the Mumbai market.

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An elevated trend is noticed in NPG prices.

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May 13, 2022: TDI at reduced rates

On May 13, 2022, the Ahmedabad market witnessed a fall in TDI prices.

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Prices of rPP have come down in Mumbai.

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Liquid alkali prices in the Delhi market registered a fall today.

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Dichloromethane prices at Mumbai are currently at raised levels.

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Tetrachloroethylene prices moved higher today in the Ahmedabad chemical market.

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A marginal rise in dimethyl sulfoxide prices was noted today in the domestic market of Ahmedabad.

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Trichloroethylene prices were assessed lower in the imported market of Mumbai.

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SEBS grade 7551 prices have increased in the Delhi domestic market today.

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Precipitated silica superfine grade prices were quoted lower in the Delhi rubber market today.

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A fall in PTA prices in the Mumbai chemical market was recorded today.

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On May 13, 2022, Petrochem sources confirmed that OX prices had slipped in the Mumbai market.

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Ethyl Acetate prices in the Mumbai market registered a fall today.

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Low DEG was reported today at Hazira.

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