News & Bulletin Updates

Jan 05, 2022: Daily import prices

8Two Rock Phosphate Shipments are coming up on 6th January and 7th January 2022
8One Phosphoric Acid Shipment is reaching on 7th January 2022
8One Ammonia Shipment is coming up on 7th January 2022

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8State-owned gas utility GAIL (India) Ltd on Tuesday said it has completed the acquisition of bankrupt Infrastructure Leasing and Financial Services' (IL&FS) 26 per cent stake in ONGC Tripura Power Company (OTPC). OTPC is a special purpose vehicle set up by Oil and Natural Gas Corporation (ONGC) to build a 726.6 megawatt combined cycle gas turbine (CCGT) thermal power plant at Palatana, Tripura.

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8Volatility in the thermal coal market in recent months has created uncertainty for Indian buyers as they brace for an unclear start to the new year.

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8Sri Lanka has agreed with India to jointly redevelop a strategic oil terminal consisting of nearly 100 large oil tanks, Energy Minister Udaya Gammanpila said Tuesday.

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8OPEC and allied oil-producing countries decided Tuesday to pump more oil to the world economy amid hope that travel and demand for fuel will hold up despite the rapid spread of the omicron variant of COVID-19.

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8Three LNG carriers in a row were spotted in the Nijlhaven on the morning of 3 January 2022, which is unique for the Port of Rotterdam.

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8Energy prices at the end of 2021 were 59% higher than they were at the beginning of the year, according to a new report by the Energy Information Administration (EIA).

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8Given ongoing high and steady sales of crude oil to China and other Asian countries and the likelihood of a new iteration of the Joint Comprehensive Plan of Action (JCPOA) being agreed with the U.S. at some point this year, Iran announced plans last week to boost oil production from its supergiant South Azadegan oil field to at least 320,000 barrels per day (bpd) by the middle of 2023, from the current 140,000 bpd.

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Ortho-Xylene prices have escalated in the Ahmedabad market, today.

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Butyl Acrylate Monomer prices witnessed a fall in the Hazira market.

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Acetonitrile prices have significantly moved higher today in Mumbai.

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On January 5, 2021, Petrochem sources confirmed that propionic alcohol prices had risen in the Kandla market.

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Liquid chlorine prices are gradually recovering in the Mumbai market.

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Trichloromethane prices have moved down in Ahmedabad.

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Isobutylene prices have escalated in the Delhi market today. High demand led to the price rise.

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PTA prices moved higher today in the Mumbai chemical market.

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Jan 05, 2022: DOTP at reduced rates

DOTP prices fell in the Mumbai domestic market today.

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On January 5, 2022, Petrochem sources confirmed that TCE prices had increased in the Mumbai market.

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There has been a recovery in paraformaldehyde prices in the Ahmedabad market today.

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Acetone prices were lower in the Kandla chemical market today.

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Prices for the octanol have dropped at Hazira.

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Benzene prices have moved down at Vizag.

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A significant drop in BGE was noticed today in Kandla. 

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DOP prices in the Ahmedabad market have registered a fall today.

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On Jan 5, 2021, NBA prices were reduced at Hazira.

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