News & Bulletin Updates

Titanium wire prices were quoted higher in the Ahmedabad metal market.

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8Get today's cotton prices here

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

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

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8The website carries here a weekly outlook on caprolactam 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 mixed xylene price movements for the coming week

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It looks like coal gasification projects are not possible without viability support from the government.
8This is what one promoter has figured out

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By how much is domestic gas expected to up from the current level of $2.9/mmbtu
8How much will it go up in H-1 FY23 and H2 FY23?

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There are a total of 10,000 MSMs registered with this public sector oil company
8Get the full list here

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8Project Name: Kozhikode & Wayanad District City Gas Distribution
8Project Cost: Rs 300 crore

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8Project Name: South Goa District City Gas Distribution
8Project Cost: Rs 200 crore

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Project Name: Sitarganj Greenfield LPG Bottling plant project
8
Project Cost: 161 Cr.                                  
8Project Description: Indian Oil Corporation Limited is constructing a new LPG bottling facility in a 30 acres of land at Sitarganj, Uttarakhand, with 120TMTPA capacity bottling plant (Storage Capacity-1800 MT) to cater the LPG gas market demand in Udham Singh Nagar and its neighboring districts.
Project Name: Augmentation of Brownfield POL Terminal at Raipur
8
Project Cost: 456 Cr.                                  
8Project Description: HPCL is initiating to augment the existing facilities and constructing a new 400 KL ethanol tank at Raipur depot in the state of Chhattisgarh
 
Project Name: Koyali-Ahmednagar-Solapur Product Pipeline Expansion Project
8
Project Cost: 1945 Cr.                                  
8Project Description: Expansion of IOCL’s Koyali - Ahmednagar petroleum product pipeline up to Solapur with a capacity of 5 MMTPA is currently ongoing
Project Name: Srikakulam - Angul Greenfield Natural Gas Pipeline (SAPL)
8
Project Cost: 2659 Cr
This a part of Urja Ganga Project which is under construction since Q2: 2021. Know more on what progress has been made

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Nano Fertilizer Greenfield Project
8Cost: 225 Cr.
8Project EventThe studies are still ongoing, The project is also waiting for environmental clearance, RFQ for the LSTK contractor is likely to be released in April 2022. 

DAP Expansion Project 

8Cost: 20 Cr.
8Project EventThe environmental clearance is still under process which is likely to be elicited in March 2022. RFQ for the LSTK contractor is likely to be released in Q1 FY 2022

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Feb 21, 2022: Daily import matrices

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8Chemicals
8
Crude

8LNG
8Fertilizers
8LPG
8Ammonia

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8India's largest oil firm IOC will set up 'green hydrogen' plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country's energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian Oil Corporation (IOC), says the new policy will help cut the cost of manufacturing green hydrogen by 40-50 per cent.

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8The UAE, OPEC's third biggest crude producer, said it is committed to meeting India's energy demand as the growing oil consumer seeks to secure supplies with prices surging to near $100/b.

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8India's crude oil imports in January slipped from one-year highs hit in the previous month, though fuel demand is expected to recover as several states ease coronavirus restrictions after a decline in cases.

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8Prime Minister Narendra Modi on Saturday announced that the central government has set an aim to convert mountains of garbage into green zones within three years.

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8Indian refineries' profitability is dependent on cost recovery via an increase in the retail prices, said India Ratings and Research (Ind-Ra).

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On February 21, 2022, Petrochem sources confirmed that styrene monomer prices had slipped in the Ahmedabad market.

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On February 21, 2022, benzyl alcohol prices fell in the domestic market of Ahmedabad. 

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A hike in recycled PP prices was recorded in Mumbai today.

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Prices for light soda ash have decreased in Mumbai.

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High dichloromethane prices were recorded in Delhi today.

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Tetrachloroethylene prices have moved lower in the Ahmedabad market.

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