Get the daily updates for
8Chemicals
8Crude
8LNG
8Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

A cut in PAN (domestic intact) prices was noted in Kolkata today.

8We are carrying here a weekly triethanolamine market report
8Find out what kind of prices are projected going ahead

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

8The website carries here our weekly outlook for dioctyl phthalate
8Find out how prices are going to behave ahead

8One Sulphuric Acid Shipment is reaching on 15th November 2021
8One Ammonia Acid Shipment is coming up on 17th November 2021
8One Rock Phosphate Shipment is arriving on 20th November 2021

Oil prices are already hovering at high levels even though prices have indeed posted the third consecutive week of losses.
8But the bad news is that options traders have booked 5 million barrels of crude aiming at prices as high as $250/bbl

8ThyssenKrupp officially says it has landed what it calls a "landmark" project in India

ONGC has contingent liabilities worth Rs 24,000 crore under different kinds of disputes.
8This is a very large figure indeed

The ingenuity of the Indian jugaad system has led to the mushrooming of sale of various solvents, base oils, lubricating oils, and other petroleum products by unscrupulous elements in the name of biodiesel.
8Moreover, the current imperfections in the market has led to various petroleum products sold under the guise of Industrial oil are finding their way into automobile use as a fuel
8So much so that state governments are getting alerted and they have begun the process of cracking down on such activities

Globally the electric vehicle industry is now well underway.
8In many countries, EV sales are outpacing conventional cars
8Clearly, the revolution is yet to come to Indian shores
8What the government will do is to impose so much tax on these vehicles while coming in or insist on unfeasible make-in-India preconditions, that it will take a long time for the market to garner speed

Phosphoric Acid & Sulphuric Acid Greenfield Project
8Cost:1800 Cr.
RFQ for EPC contractor will be out in January 2022 now
Ammonia Storage Tank Greenfield Project
8Cost: 100 Cr.
Vijay Tanks has got the contract. Construction to start on ground in February, 2022

8The image of an ammonia converter being ferried down the Ganga makes for an impressive image

8It is learned that three bid gas producers are in discussion with IGX for sale of gas

The pollution levels in Delhi have reached such alarming levels that it is going to impact business practices in the capital.
8In fertilizer companies too

8Find out how multiple economic parameters are looking up at the moment

8Plans have been unveiled for a $1.1bn ammonia plant
8Know more

8State-owned Oil and Natural Gas Corporation (ONGC) on Friday reported the highest ever quarterly net profit by any Indian firm of over Rs 18,347 crore as it made a one-time tax gain on opting for a lower rate regime.

8Could fossil fuels and Big Oil actually become ‘worthless’ within the next few decades, and what would this mean for the global economy? New research suggests as many as half of the world’s fossil fuel assets could become worthless by 2036 if the green energy transition goes ahead at the pace projected coming out of COP26. 

8India and China today won a last-minute battle to water down the language on coal and fossil fuel subsidies in the cover text of the UN Cop 26 climate summit.

8At a time when crude oil and natural gas prices are sky-high, public sector behemoth ONGC's haphazard planning and mismanagement in developing showpiece deep-sea KG-D5 block is costing the nation over Rs 18,000 crores due to the delayed output of oil and gas, government officials said.

8The expected rise in trade deficit to about $20 billion this month, along with high crude oil prices, will weaken the Indian rupee further during the upcoming week.

8Sky obscured by thick, gray smog. Monuments and high-rise buildings swallowed by a blanket of haze. People struggling to breathe. In the Indian capital, it is that time of the year again.

Acetonitrile prices registered a sharp fall in the imported market of Mumbai. 

Butyl acetate prices are gradually falling in the Hazira market.