8Domestic rock phosphate price list has come out

8Adopting the wrong business model can be costly for a bulk gas buyer in a competitive market
8Its bulk LNG cargo purchases have come down to a trickle, in fact, none, now that prices have shot up

The retail & primary sales volume of fertilisers has optically moderated due to panic buying in H1 FY2021 owing to the pandemic-led lockdown. However, compared to similar period in FY2019 and FY2020, the retail sales have witnessed significant improvement.
8The overall fertiliser production has remained largely stable with moderation in urea (4%) and DAP (12%) getting offset by growth in NPK (11%) in 4M FY2022. Imports have declined overall on account of global supply being constrained
8Though fertiliser sales volumes have moderated sharply in 4M FY2022,  it expects the sales volume not to decline significantly and to remain only marginally lower in FY2022 vis-à-vis FY2021
Get a full analysis of the fertilizer sector here

8The prices for gas are not looking good at all for India
8It is bad right through 2022, going down only around mid-2023

8The programme is designed for the managers and officers working in the fertiliser manufacturing units, legal department, marketing and quality control divisions and importers, to know and understand the basic aspects of FCO to avoid legal complications

Who says the fertilizer sector does not have enough projects? There are projects, big and small, on the horizon
Ammonium Nitrate Greenfield Project
8Cost - Rs 1750 crore
8Project Event: The company had hired Casale as the technology licensor and the company has received environmental clearance in September 2018. RFQ for the EPCM contractor is likely to be released in September in place of August 2021 due to the impact of the second wave of Covid.
Ammonium Nitrate and Nitric Acid Greenfield Project
8Cost - Rs 1375 crore
8Project Event: The project is still waiting for environmental clearance, It is likely to be elicited in October 2021. RFQ for the LSTK contractor is likely to be released in Q3 FY 2021.

8Inspection of ships in India: Get a full overview here
8Tellurian LNG terminal: Progressing quickly
8Hydrogen trading: High enough for launch of a pricing index
8Gujarat Pipavav Port: Know why the expat MD is concerned
8New guidelines on setting up retail outlets
8Niti Aayog: An full insight into what it has been up to
8Get a weekly synopsis on ship freight rates
8Get a full synopsis of the Indian fertilizer industry
8An oil pipeline repair robot that can repair when pipeline flows continue is looking for a partership

8The Indian government has asked a federal court in Washington to dismiss Britain's Cairn Energy suit seeking enforcement of a USD 1.2 billion arbitral award, saying it had sovereign immunity under US law.

8India's state-run Bharat Petroleum Corp Ltd is scooping up rising volumes of U.S. crude, people familiar with the matter said, as fuel demand in the Asian country recovers and weak U.S. crude prices make purchases attractive.

Butyl acetate prices are slowly increasing in the Delhi market.

Petrochem sources in Ahmedabad have reported a rise in VAM prices.

On August 18, 2021, cyclohexanone prices increased in the Ahmedabad market.

Low ethyl acetate are reported today in Kolkata.

8BHP Group reported its best annual profit in nearly a decade and a record dividend on soaring iron ore prices, as the world's biggest listed miner announced an exit from its $13 billion petroleum business as part of a portfolio shake up.

8Oil prices dipped on Wednesday, a fifth day of declines with investors wary about prospects for stronger fuel demand as the use of rail, air and other forms of transport remained constrained amid surging COVID-19 cases worldwide.

8The Biden administration on Monday challenged a federal judge's decision in June to block the Interior Department's pause on oil and gas leasing on public lands and waters - a critical piece of its climate change policy - but will proceed with leasing during the appeals process.

On August 18, 2021 Naphtha prices were registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

The international crude oil price of the Indian basket was quoted at around $68.92 per barrel on August 18, 2021.

Acetonitrile prices have significantly moved higher today in Mumbai.

A fall in acetone prices in the imported market of Mumbai was noticed on August 18, 2021.

On August 18, 2021, trading sources reported a fall in acetic acid prices in the Mumbai chemical market.

On August 18, 2021, the Mumbai market witnessed a rise in benzene prices.

A small lift in demand is noted in the chloroform market of Dahej.

High ethyl acetate prices were reported today at Ex-satyam. 

Fresh HDPE blow moulding is being offered in India.