News & Bulletin Updates

Aug 23, 2021: MOP Tender Update

8Rashtriya Chemicals & Fertilizers Limited has released a tender for the supply of Muriate of Potash

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8EuroChem Group, a leading global fertilizer company has reported a consolidated 1H 2021 sales of US$4.4 billion

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8Scientists have developed a portable, solar-powered analyzer to measure atmospheric ammonia
8Know more

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8The giant container ship Ever Given, which blocked the Suez canal for six days in March, crossed the waterway on Friday for the first time since it left Egypt after the incident.

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8A key oil company in Lebanon said Thursday it would stop supplying its gas stations with fuel amid severe shortages that have brought the crisis-hit country to a halt.

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8Will the political turmoil in strategically-located Afghanistan impact global crude oil prices?
8No one has the answer yet

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8The world's newest oil-producing nations grabbed the spotlight at this week's Offshore Technology Conference with ambitious plans to tap oil and gas discoveries in a race against a global energy transition to lower-carbon fuels.

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8China's top offshore oil and gas driller CNOOC Ltd said it would channel up to 10% of annual spending to green energy by 2025, and announced interim net profit more than tripled from last year as oil prices rebounded.

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8Oil prices fell for a sixth day, the longest losing streak since February 2020, as a spike in COVID-19 cases worldwide fuelled fears over slower fuel demand while a surprise build in U.S. gasoline inventories added to pressure.

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8Japan's biggest power generator JERA said on Friday it had sold its 14% stake in Indonesia's PT Paiton Energy, which operates coal power plants, to a unit of energy company PT Medco Daya Abadi Lestari for an undisclosed sum.

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8As part of “Azadi Ka Amrut Mahotsav”, the Ministry of Power organised an event to issue Energy Saving Certificates to best performing Industrial units. Alok Kumar, Secretary, Ministry of Power issued more than 57 lacs Energy Saving Certificates to 349 industrial units because they saved more energy than the targets.

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8The central government is considering a hike in fertilizer subsidiary again on the back of skyrocketing international prices.

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A drop in ethyl acetate prices was noticed today, at Ex-Satyam.

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A fall in PTA prices in the domestic market of Mumbai was noted on August 23, 2021. 

 

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On August 23, 2021, Petrochem sources reported a fall in 2EHA prices in the Kandla port. 

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On August 23, 2021 Petrochem sources reported a fall in imported POM prices in the Mumbai polymer market

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On August 23, 2021 imported POM prices moved higher in the Ahmedabad polymer market

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Robust demand has lifted imported polyurethane prices in the Ahmedabad polymer market

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DOP prices were assessed lower in the Ahmedabad market.

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A fall in Polyamide 6 (E35) prices was noted today in the domestic market of Delhi

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Petrochem sources in Delhi have reported a rise in phenol prices.

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Polyamide 6 (M28RC) prices are slowly increasing in the Delhi market

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A significant fall in MIBK prices in the Delhi chemical market was reported by domestic Petrochem sources.

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Imported polyurethane prices in the Mumbai polymer market were quoted higher today

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Ahmedabad polymer market recorded a rise in imported polyamide 66 prices today.

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