News & Bulletin Updates

8The consolidated net profit of the company has doubled to Rs 181 crore from Rs 89 crore
8How did Deepak Fertilizers post a higher profit scenario?

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The launch of green bonds by India is part of a global trend
8Sustainable bonds will hit a figure of a massive $1.3 trillion in 2022
8Carbon transition risk is rising in importance for the most impacted sectors as changing economics, shifting policies and heightened investor attention accelerate transition plans for many companies

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8Find out what the spot price is for Bangladesh for mid-February LNG delivery

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What is the latest on ONGC's KG-DWN-98/2 wells?
8Around 2 msmcmd of production is envisaged soon

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8Find out what the spot price is for Bangladesh for mid-February LNG delivery

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There is likely to be downward pressure on gas prices
8The trend starts in Europe
8Find out why
Additional note: Despite immedite bearish tendencies, the high gas price environment is expected to last into 2022. In Europe and Asia spot prices are foreseen to average USD 26 and USD 27/MBtu respectively – both all-time high annual averages.
Prices are expected to decline in the second half of 2022 on improving supply availability, although remaining well-above historical averages in both markets

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8The Gas Authority of India Limited (GAIL) has commenced country’s first-of-it’s-kind project of mixing hydrogen into natural gas system at Indore in Madhya Pradesh, an official release said on Tuesday (1 February).

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8Gas demand growth in Asia was a “robust 7%” in 2021, the International Energy Agency (IEA) said in its latest natural gas quarterly report, published January 31, but that growth is expected to slow to around 5% this year, continuing a trend which began last summer.

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8Yes Securities has buy call on GAIL (India) with a target price of Rs 156.

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8One of the key questions for the outlook for energy commodities is how quickly the current high prices translate into demand destruction.

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8Petrol not blended with ethanol will be costlier from October, which would prompt retailers, especially private oil companies, to switch to blended fuel across the country.

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8India will reduce subsidies on soil nutrients, such as urea, di-ammonium phosphate and potash, even as prices have climbed on a global supply squeeze.

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DBP prices registered a rise in the imported market of Kolkata.

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Domestic market sources reported a rise in Ahmedabad’s VAM prices today.

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Prices for EPDM grade 6405 have fallen in Delhi.

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Chlorpyrifos 97% prices in the Mumbai market remained stable in spite of demand being low.

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On January 2, 2022, the Ahmedabad market witnessed a rise in isophthalic acid prices.

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Unsaturated polyester resin prices were quoted higher in the Mumbai market, today.

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On February 2, 2022 a significant fall in the sodium polymeric MDI prices was registered in Ahmedabad.

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On February 2, 2022, the delhi market witnessed a rise in glyceryl monostearate prices.

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Lauric acid prices fell in the Delhi domestic market today.

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A sharp fall in DOA prices was recorded in the Ahmedabad chemical market today.

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Feb 02, 2022: EGMBE gains in Mumbai

EGMBE prices are improving in the Mumbai chemical market.

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According to sources, a fall in pure polyester yarn prices was registered in the Mumbai market due to poor demand.

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Steady buying has lifted light soda ash prices in the domestic market of Mumbai. 

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