News & Bulletin Updates

Methanol prices are slowly increasing in the Delhi market.

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

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On January 4, 2021, C9 solvent prices were pushed higher in the Delhi market.

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

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Jan 04, 2022: Daily import matrices

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8Chemicals 
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8Lastest monthly liquid gas import update
8Lastest monthly coal import update
8Lastest monthly cargo update 

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Petrochem sources in Chennai have reported a rise in phenol prices.

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8What was the drama all about over the appointment of the ONGC CMD?
Find out here

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IGX clearly has the first mover advantage in the gas exchange, so much so that entry barriers have already come up.
8The government is not, for now, going back on providing a safety valve from gas price caps to producers and suppliers through the exchange, that had seen trading volumes flare up
8Though the manner in which some of the players have played the game of buying cheap and selling high at the exchange had the mandarins in Shastri Bhavan see red, all that was handed out was a light tap on the knuckles
8Such is the power of vested interests in today's world

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Non-ionic surfactant prices recorded a significant fall in the Mumbai market today.

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 Instead of inserting a cryptic tender notice, ONGC is undertaking an entirely different way of requisitioning vendors for high value purchases.
8It is going to showcase itself to vendors instead of the other way round

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If you are a domestic manufacturer, you can now approach this oil company for a trial order without much fuss.
8And it need not be linked to an ongoing tender
8So that will come a big relief to many would-be suppliers

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 8A new Vedanta gas discovery is now sought to be linked to a GAIL network
That will ensure elicitation of a better gas price

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8What is the status on ONGC's Pipeline Replacement Project-7
Will be re-tendered?

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8What is the latest update on the AG&P's Karaikal project?
Has it been abandoned?

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8Andhra Pradesh drilling campaign will witness ONGC hiring an ultra shallow water rig

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8ONGC is formulating an offshore development drilling campaign worth Rs 3000 crore

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8ONGC continues to pursue frontier area drilling
But at a slow pace

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8The DOF has come out a recommendation on rock phosphate use

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On January 4, 2021, Petrochem sources confirmed that dibutyl phthalate prices have registered a fall in Kolkata.

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8RCFL has a new director (technical)

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8DOF attendance and timings have changed

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On January 4, 2021, Petrochem sources confirmed that MMA prices had risen in the Kandla port.

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8Those at the helm of energy policy in India face a challenging conundrum in the new year: To navigate the choppy waters of the “dirty” petroleum market and stay on the “green” course towards clean energy. There is an oft-quoted French phrase “plus ca change , plus c’est la meme chose” — “the more things change, the more they stay the same”. It captures well the developments of the energy market over the past year.

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8Crude oil prices on Monday rose Rs 47 to Rs 5,672 per barrel as participants widened their positions on a firm spot demand. On the Multi Commodity Exchange, crude oil for the January delivery traded higher by Rs 47, or 0.84 per cent, to Rs 5,672 per barrel in 7,321 lots.

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Petrochem sources have reported a significant fall in liquid chlorine prices in the Delhi market today.

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