News & Bulletin Updates

Sep 22, 2021: Urea tender released

8There is a urea tender currently ongoing

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8The chief executive of Malaysia's state energy firm Petronas said on Tuesday that a gas price at $7-$8 per metric million British thermal units (mmBtU) could be a "sweet spot" for customers and allows investments to continue to happen.

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8India's oil imports rose to a four-month high of about 4.2 million barrels per day in August, recovering from the near 1-year low hit in July, tanker data from trade sources showed, as some refiners plan to boost runs in anticipation of pent-up demand around the festival season.

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8The International Energy Agency on Tuesday urged Russia to step up gas deliveries to Europe in anticipation of higher winter demand, as tight global supply pushes prices skywards.

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The international crude oil price of Indian Basket was quoted at around $72.7 per barrel on September 22, 2021.

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On September 22, 2021 Naphtha prices registered a downward movement in NW Europe while moving up in Japan owing to fluctuation in the markets.

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On September 22, 2021 Butadiene (BD) prices were reported to be steady in South Korea, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

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Iso butanol prices were assessed lower in the Kandla market.

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A rise in demand has raised benzene prices at Hazira.

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A drop in demand has reduced toluene prices at Hazira.

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Petrochem sources in Kandla have reported a rise in Phenol prices.

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High acetone prices were recorded in Mumbai today.

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Petrochem sources in Mumbai have reported a huge rise in VAM prices.

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8A nationwide competition is on for researchers, post graduate scholars and undergraduate scholars from across the country on 10 important themes
8They are: circular economy, artificial Intelligence, waste to fuels/chemicals, petroleum refining, hydrogen, CO2 capture and conversion. advanced energy storage materials / devices, polymer and petrochemicals, novel separation materials

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8Global butadiene prices have taken a sharp downturn as a supply glut saw demand sink despite ongoing outages in the US

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8Average caustic soda flake and lye prices in Mumbai for Q2FY2022 have risen by 6% q-o-q (up 12% y-o-y) till date and are up by 17% q-o-q

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Get the weekly outlook for:
8Methanol

8MTBE
8Isomer-MX
8Toluene
8Propylene
8Polyethylene
8MEG
8PTA

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8Netmatrix Crop Care Limited (NMCCL, formerly Netmatrix Limited) is a manufacturer of crop-care products, primarily Chlorpyrifos Technical which is the single largest used organophosphate insecticide
8But why is it that it is refusing to get its loans rated?
8Then again, there is Nova Carbons India Ltd which is an Export Oriented Unit under Madras Export Promotion Zone and is engaged in the manufacture of coconut shell based steam activated carbon. It is not getting rated either

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Sep 21, 2021: Daily import matrices

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

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

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

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L&T has grabbed this order for two storage tanks of 170,000 m3
8But there was a big story behind how it won the deal

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Here is a comprehensive update on a POL terminal with a price tag of Rs 580 crore
8But there are some RFQs, not many, that are still ahead

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