News & Bulletin Updates

Feb 10, 2022: DOF hand moves on

8An experienced DOF hand in an important slot moves on to another posting

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8This LNG terminal is setting up a fresh 2.5 MMTPA regasification capacity it is learned
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Concentrated Nitric Acid Greenfield Project
8Cost: 50 Crore
8Project Event: A consultant is appointed for preparation of Detailed Feasibility Report (DFR). The report preparation is still ongoing. RFQ for the LSTK contractor is likely to be released in Q1 FY 2022.
Organic Fertilizer Plant Greenfield Project
8Cost: 8 Crore
 8Project Event: Presently, Market Development Assistance (MDA) is notified and available for city compost plants based on Municipal Solid waste. Since the proposed Organic Fertilizer plant of the company shall be based on solid sludge generated from Municipal Sewage and will be complying with the FCO specifications for Organic Fertilizer (Compost), MDA has been sought from GoI. RFQ for the LSTK contractor is likely to be released in April 2022.

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8The programme is designed for the officers working in various disciplines including Marketing, Finance, Production, Promotion, Material Management, Logistics, Agricultural Services, Public Relations, Secretarial, HRD and Information & Communication Technology

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Feb 10, 2022: Daily import matrices

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8Chemicals
8
Crude
8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

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8GAIL (India) Ltd has pre-poned the supply of gas from the US and is looking to contract more LNG next year as it doubles down efforts to secure affordable energy supplies to meet the needs of Asia's third-largest economy, chairman Manoj Jain said.

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8Indian Oil Corp (IOC), the country's top refiner, will increase crude purchases from Iraq by 11.5% in 2022 to 390,000 barrels per day (bpd), partly to make up for a shortfall from Mexico and a possible supply cut from Kuwait, two sources familiar with the matter said.

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8Deloitte Touche Tohmatsu India expects the nation’s biggest fuel retailers to sharply raise pump prices after state elections end next month, adding pressure on the government and the central bank to take steps to contain inflation.

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8India has signed a three-year urea import deal with Oman India Fertiliser Company (Omifco) to ship in 1 million tonnes of the crop nutrient a year, sources familiar with the matter said on Wednesday.

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8Chemicals and Fertilisers Minister Mansukh Mandaviya on Tuesday said the fertiliser plant at Barauni, Bihar, which is being revived with nearly Rs 8,400 crore cost, will be commissioned in June this year.

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High caprolactam prices were recorded in the Mumbai market today.

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Prices for Isophthalic acid are raised in Delhi.

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On February 10, 2022, the Mumbai market witnessed a rise in polymeric MDI prices.

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Petrochem sources in Delhi have reported an increase in Mancozeb 75% prices.

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Lauric acid prices fell in the Delhi domestic market today.

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Petrochem sources in Delhi, on February 10, 2022 have reported a rise in sodium acid pyrophosphate prices.

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A significant rise in sodium hexametaphosphate prices was reported in Mumbai today.

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Petrochem sources in Chennai have reported a huge rise in DOP prices.

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On February 10, 2022, dioctyl adipate prices fell in the domestic market of Mumbai.

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Trichloroethylene prices moved higher today in the Delhi imported market today.

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A fall in perchloroethylene prices was recorded in the Ahmedabad chemical market today.

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Dichloroethane prices in the Mumbai market have registered a fall today.

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A rise in dichloromethane prices in Mumbai was reported on February 10, 2022.

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Petrochem sources have reported a significant fall in isobutylene prices in the Mumbai market.

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A cut in SBS prices has been announced in Delhi today.

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