News & Bulletin Updates

8As gas prices move upwards, IGX seems to be gaining business

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The west's real threat comes from China and not really Russia.
8And what has happened subsequent to the war is that Russia will now be forced into the lap of China
8In the near term, China will suffer from higher energy costs and commodity prices much like other energy importing countries. The economic and geopolitical fallout pose challenges for China in this critical year of a domestic leadership transition, a time when it is seeking stability. But in the longer-term, China could benefit from higher volumes of yuan-denominated trading (should Russian sellers chose to rely on it) and greater use of China’s payment settlement system
8Russia’s growing international isolation could also lead it to offer attractively priced gas pipeline deals to China and open up new investment opportunities for Chinese firms in Russia’s energy sector

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The most dramatic impact of the Russia-Ukraine war is to be felt in this industrial town of India.
8In April, it is projected that price will go up to a never-before Rs 90-93/SCM
8Around 35% of the units are shut and an equal number is likely to shut down further
8The seismic waves out of Ukraine are now hitting Indian shores

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8A director finance slot is available in a fertilizer related compay

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Mar 08, 2022: Daily import matrices

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8Chemicals
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Crude

8LNG
8Fertilizers
8Weekly Fertilizers
8LPG
8Ammonia

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8Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of $140 per barrel.

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8The ongoing record surge in oil and gas prices will benefit upstream and gas utility companies such as Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) as realisation will be higher, equity research firm ICICI Direct said in a report.

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8Chief Minister Basavaraj Bommai hinted at the possibility of nano urea becoming widely available for farmers as a fertiliser. At the inauguration of the 12th Bengaluru India Nano Conference, the CM said that the fertiliser has been successfully tested in universities.

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Petrochem sources in Mumbai have reported a significant rise in butyl rubber grade 1675N prices.

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Polystyrene sheet prices have climbed higher in Mumbai.

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Lead oxide 99% prices witnessed a fall in the Delhi market today.

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TDI prices have climbed higher in Mumbai.

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A significant rise in isophthalic acid was reported in Mumbai today.

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Petrochem sources in Delhi reported a rise in PVA gh17r prices today.

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Petrochem sources in Mumbai, on March 8, 2022, have reported a fall in sodium acid pyrophosphate prices.

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A significant rise in glyphosate prices was reported in Delhi today.

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Petrochem sources in Kolkata have reported a huge rise in phthalic anhydride prices.

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Methanol prices have moved higher in Delhi.

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Nitrile butyl rubber grade 3345 prices were assessed lower in the Mumbai market.

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A steady trend in platinum prices was recorded in the Mumbai chemical market today.

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A significant rise in chromium metal prices was reported in Delhi today.

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Ferro silicon prices have climbed higher in Ahmedabad.

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Petrochem sources have reported a rise in diethanolamine prices in the Ahmedabad chemical market.

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A gain in dioctyl terephthalateprices were recorded in the Delhi chemical market today.

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Diisobutyl phthalate prices have increased in Mumbai today.

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