News & Bulletin Updates

A gas exchange is nothing but a bit of software, where buyers and sellers interact.
8There is no physical infrastructure involved. This is the case with IGX
8There is no guarantee therefore that other exchanges cannot come up
8But IGX has found a very ingenious way of keeping competitors at bay

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Who is IOC is looking at hiving off their hydrogen plants
8Who could they be possibly be talking to?

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

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The PNGRB chairman's slot had been decided
8But is there a shadow over it?

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8A global fertilizer company seems to be in a drive to boost potash production
8Know more

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Feb 03, 2022: Daily import prices

8One Phosphoric Acid Shipment will reach on 4th February 2022
8Two Ammonia Shipments will reach on 9th February 2022 and 12th February 2022
8One Urea Shipment will we available on 9th February 2022

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Europe more than any other place is become the final arbiter of gas prices
8So, in this context, here is a great analysis of how the gas paradigm is going to behave in the continent in 2022
8It is a must read for gas sector professionals in India, looking at what could move prices this year

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The hydrogen scenario is unfolding slowly in India.
8But there are changes happening elsewhere with implications for India

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Process Air Compressor Greenfield Project
8Cost: 347 Crore
8Project Event: The internal discussion is still ongoing as well as studies on the technical specification are still ongoing, RFQ for the LSTK contractor is likely to be re-released in March 2022.
Sulphate of Potash-Bromine and Captive Power Unit Expansion Project
8Cost: 500 Crore
8Project Event: The project team has been made. and the company has applied for the loan which is likely to be elicited in Q1 FY 2022, due to the impact of Covid, everything is delayed. RFQ for the LSTK contractor is likely to be released in Q1 FY 2022-23

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Petrochem sources in Kolkata have reported a rise in aniline prices.

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C9 solvent prices moved higher today in the Chennai chemical market.

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8State-owned oil firms such as ONGC and IOC will invest over INR 1.11 lakh crore in the next fiscal year starting April as they supplement the government's massive spending programme to spur economic growth.

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TDI prices are slowly increasing in the Mumbai market.

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8Crude oil futures dip on weak spot demand Crude oil prices on Wednesday fell Rs 99 to Rs 6,261 per barrel after participants cut their positions. On the Multi Commodity Exchange, crude oil for the November delivery dropped by Rs 99, or 1.56 per cent, to Rs 6,261 per barrel with a business volume of 5,862 lots.

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8India on Wednesday extended a USD 500 million credit line to Sri Lanka to fund the country's fuel purchases, as the island nation struggles to overcome its worst financial and energy crisis in decades.

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On 3 February, 2022 a significant fall in BOPP metalized film prices was recorded in Delhi.

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Refrigerant R404a prices in the Mumbai market remained stable in spite of demand being low.

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Trichloroethynene 99% prices in the Mumbai market remained unchanged.

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On February 3, 2022, isophthalic acid prices were pushed higher in the Mumbai market.

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Polymeric MDI prices were lower in the Mumbai chemical market today.

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On February 03, 2022 an increase in Chlorpyrifos 97% prices was registered in the Mumbai chemical market.

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High dilute nitric acid prices were recorded in Delhi today.

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A rise in dichloroethane prices in Ahmedabad was reported on February 3, 2022.

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

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On February 3, 2022, DOTP prices fell in the domestic market of Delhi.

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