News & Bulletin Updates

Sep 29, 2021: Daily import matrices

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8Daily Chemicals
8Daily Crude
8Daily LNG
8Daily Ammonia
8Daily LPG
8All tankers
8Bulk and dry cargoes
8Port updates

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

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Development drilling in 12 wells are expected soon in the North East
8All the groundwork seems to have been laid

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Movement has been noticed in Haldia Petrochemical Ltd's Cuddolore expansion plan
8RFQs have come out privately

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The petroleum ministry has had an investors' meet for E&P prospects in the North East
8Get the full presentation here

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HOEC is waiting for the rough monsoonal Arabian sea to calm down before it complete the remaining work at its B-80 discovery in western offshore
8The Gujarat market will be catered to by the gas from the field
8The hook up with the ONGC evacuation network has been completed, supplies to start from Q3, 2021-22
Get a complete update here

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8Cost - Rs 300 crore
8Project Event: PDIL has been selected for the preparation of the Techno-Economic Feasibility Report. Based on the feasibility report of PDIL, future action shall be planned. RFQ for the EPC contractor is likely to be released in Q3 FY 2021.
Urea Expansion Project

8Cost - Rs 52 crore
8Project Event: The proposal for the term of reference has been granted and a proposal for the environmental clearance has been submitted. RFQ for the LSTK contractor is likely to be released in November 2021.

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The mega cooperative conference was a success last week
8Amit Shah was the Chief Guest and he was happy and lavish with his praise

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Sep 29, 2021: New FA for DOF

An FA plays an important role in the DOF
8So a new FA has been appointed

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China is likely to tighten its ban on fertilizer exports
8And this causing deep worry in the fertilizer markets, not just in India but all across the world

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8There seems to be some good news ahead for the Indian economy
8While the pandemic hits other sectors badly, there is satisfactory progress in the agriculture sector
8Find out how multiple economic parameters are looking up at the moment

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8NextChem will start the feasibility study for a Green Ammonia plant
8Know more

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8Shares of Oil India hit an over three-year high of Rs 240, up 3 per cent on the BSE in Wednesday’s intra-day trade, in an otherwise weak market.

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8India is unlikely to see its oil products demand hitting the ceiling at least until 2035, although the energy transition process will create opportunities for the electric vehicle charging space and biofuels in coming years, said the CEO of the country’s second-largest private refiner Nayara Energy.

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8Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices neared $80 per barrel mark for the first time in three years.

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8India, the world's third-biggest oil importer and consumer, signalled on Tuesday that a spike in oil prices would speed up the transition to alternative energy sources.

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8One of the most important aspects of Indian Prime Minister Narendra Modi speech on India’s Independence Day on August 15, 2021, was a thrust on pushing for green energy.

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Phenol prices registered a fall in the imported market of Kandla. 

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A rise in benzene prices was recorded today at Vizag.

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Petrochem sources in Mumbai have reported a rise in benzene prices.

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DOP prices were assessed lower in the Mumbai market.

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Phthalic anhydride prices moved higher today in the Mumbai chemical market. 

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A sharp plunge in MEK prices was noticed in the Kandla market today.

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8Get a complete roundup of petrochemical price movement today, across all products and all markets
8Find out which prices have changed

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8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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