News & Bulletin Updates

 In the first reduction in rate in two months, jet fuel or ATF price on Thursday was cut by 3 per cent in line with softening international crude oil prices.

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Indian state refiners may seek a smaller purchase deal for Saudi oil next year to pressure the kingdom into altering some of the contractual terms ‘unfavourable’ to the buyer, a person with direct knowledge of the matter said.

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Oil prices rose on Thursday on optimism about the strength of U.S and European economies and hopes that OPEC and its allies will keep production curbs in place.

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The domestic natural gas price notified at $1.79 per unit for the first half of 2021-22, lowest since the institution of the modified Rangarajan formula, is unfavourable for domestic oil and gas producers and will significantly impact their financial performance, according to ICRA.

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OPEC+ agreed on Thursday to gradually ease its oil output cuts from May, after the new U.S. administration called on Saudi Arabia to keep energy affordable for consumers.

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India’s eight major industries’ output plummeted during February 2021, official data showed on Wednesday.

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8A new chairperson and a member has been appointed for PESB

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8The company says no prices changes even as everything around is on fire

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Apr 02, 2021: NPK demand coming up

8Two NPK supply tenders are out

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8The board of directors have approved the sale of a fertilizer plant
8Find out what is happening

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Ammonia Greenfield Project
8Cost - Rs 2773 crore
Phosphoric Acid Greenfield Project
8Cost - Rs 10 crore

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8FACT market capitalization posts new all-time high

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Price changes in HDPE and LLDPE as of April 2, 2021, in the Kolkata polymer market have been reported by our Petrochem analysts.

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Phosphoric acid prices have increased in the Mumbai market.

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An increase in PVC imported and RIL K6701 grade prices has been noted on April 2, 2021.

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Price changes in the Mumbai polymer market have been reported by our analysts.

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Petrochem analysts have reported price changes in HDPE and LLDPE in the Delhi polymer market on April 2, 2021.

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On April 2, 2021, moderate buying activities were reported by our Petrochem analysts in the polymer markets of Chennai.

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On April 02, 2021, ABS(MIF45) prices were assessed lower in the Mumbai market.

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On April 2, 2021,Cyclohexanone prices drifted lower in the imported market of Kolkata.

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The international crude oil price of Indian Basket was quoted at around $63.42 per barrel on March 02, 2021.

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On April 2, 2021, ABS (HI121H) prices were assessed lower in the imported market of Mumbai.

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Contract price for SM in the European markets has been settled for April, 2021.

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MX prices have increased in the Mumbai and Kandla market.

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A revision in caustic soda lye prices has been announced at JNPT.

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