News & Bulletin Updates

8A DOF man has been pulled out and brought into the Ministry of Cooperation

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Traffic has been low in this LNG terminal
8And it will take a long time before traffic goes up
8But the company is bullish enough to start working on doubling its capacity

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IGX claims it provided a $4/mmbtu price advantage over spot prices
8And it traded higher volumes

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8Get the latest update on what the FAI is up to

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8Yara has acquired Finnish Ecolan to expand its organic fertilizer business
8Find out more

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8Petronet LNG Ltd, India's largest gas importer, plans to set up a petrochemical complex at Dahej in Gujarat as it looks to make a foray into high margin business to hedge gas trading risks, Oil Secretary Tarun Kapoor said.

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8ONGC Videsh Ltd, India's flagship overseas oil and gas firm, and the nation's largest refiner Indian Oil Corporation (IOC) on Friday signed agreements with Russia's Gazprom for cooperation in the hydrocarbon sector. Indian oil and gas companies are looking to acquire stakes in prolific oil and gas areas in Russia as part of a larger strategy to acquire equity oil and gas overseas that could offset the country's huge 85 per cent dependence on imports for meeting energy needs.

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8Saudi Arabia lowered its light crude oil prices to Asian customers in October versus September, though left prices to northwestern Europe and the United States steady.

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A fall in cyclohexane prices in the imported market of Chennai was noted on September 6, 2021. 

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VAM prices moved higher today in the Chennai chemical market.

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Ethyl Acetate prices are slowly increasing in the Ahmedabad market.

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An increase in ortho-xylene prices has been noted in Kolkata today. 

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On September 6, 2021, PAN prices moved higher in the Delhi market.

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Delhi polymer market recorded a rise in imported acrylic prices today.

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ABS (HI121H) IM prices in Mumbai were quoted higher today. 

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ABS (MIF45) prices in the Mumbai market remained stable in spite of demand being low.

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On September 6, 2021 ABS (MIF45) prices moved higher in the Delhi polymer market.

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ABS (HI121H) IM  prices in the Delhi polymer market have remained unchanged.

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8Find out our weekly analysis, price charts and projections on benzene price movements for the coming week

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Petrochem sources in Kandla have reported a rise in MP Diol prices.

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On September 6, 2021, the Kandla port witnessed a fall in MIBK prices.

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Market sources reported that benzene prices were raised at Vizag today.

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Market sources reported a cut in DEG prices in Hazira today.

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On September 6, 2021, Naphtha prices were registered to move up in NW Europe on account of positive buying trends in the region. 

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The international crude oil price of Indian Basket was quoted at around $71.86 per barrel on September 6, 2021. 

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