News & Bulletin Updates

Feb 02, 2022: Rubber prices

8Get today's rubber prices in Singapore

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

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

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8The website carries here a weekly outlook on acrylic resin prices
8Find out what our analysts are saying about how prices will behave till next week

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

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Get today's cotton prices here
8Karachi Cotton Association Spot Rate: 01-02-2022: Pak 19680 (37.324Kg) (Changed : +100)
8MCX - Cotton Future : 01-02-2022: Mar : 2022 : Rs. 38070 (Changed: +340)
8NYBOT- Cotton Future: 01-02-2022: Mar: 2022 : $ 127.33 (Changed : -0.24)

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8It looks like the privatization of BPCL is on the backburner for now
Find out why

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The Iranians are peeved with India in more ways than one
8They feel abandoned by India for abiding by US sanctions when it stopped buying crude
8Now they claim that ONGC has debarred their contractor from qualifying in a big tender on what they call "flimsy grounds"

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Public sector oil marketing companies are dropping private sector sourcing and doing that on their own
8And this has impacted a company like Aegis
8Will the company find enough space in this squeeze to carve out a niche of its own that will guarantee its continued growth?

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HOEC entering 2022 with all guns blazing
8A great year awaits them
8Find out how

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8Project Name: Valsad District City Gas Distribution
8Project Cost: Rs 250 crore

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KBR gets one part of the project as technology supplier
8ThyssenKrupp and Casale are in the run for the other segment
8Also know more on what kind of a mode will the project come up: EPC or EPCM?

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8This high level fertilizer official gets an additional charge

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Ammonia-Urea & Captive Power Unit Greenfield Project 
8Cost: 7000 Cr
8Project EventAll the project activities are still on due to Covid, the project is likely to be active in Q1 FY 2023-2024

Ammonium Phosphate Greenfield Project
8Cost: 500 Cr
8Project EventSite selection activities are still ongoing, other activities for the project are on hold due to the impact of Covid. The site selection is likely to be completed in Q1 FY 2023

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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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