News & Bulletin Updates

8Crude oil futures moved higher in mid-morning trade in Asia Dec. 22, extending sharp overnight gains, as risk-on sentiment grew amid signs that the US and UK were not headed for widespread lockdowns as previously feared.

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8Asian spot LNG prices have refreshed highs from two months ago, pulled up by a sharp surge in European gas hub prices.

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8India is reviewing a proposal to stop new coal-fired capacity construction under a plan to meet its climate pledges, Indian outlet The Economic Times reported on Wednesday, quoting sources familiar with the matter.

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8A few cargoes of liquefied natural gas (LNG) have recently been diverted from Asia to head west drawn by Europe's record high prices amid supply concerns ahead of peak winter demand, industry sources said.

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TDI prices have moved lower in the Mumbai market.

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On December 23, 2021, Petrochem sources confirmed that PVA prices had increased in the Delhi market.

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 8European and UK gas prices rocketed Tuesday to all-time highs on strong winter demand and simmering geopolitical tensions between key supplier Russia and consumer nations.

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A significant fall in aniline prices in the Ahmedabad chemical market was reported by domestic Petrochem sources.

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High dichloroethane prices were recorded in Mumbai today.

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Petrochem sources have reported a significant fall in tetrachloroethylene prices in the Mumbai market.

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Market sources reported a fall in liquid chlorine prices in Delhi today.

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Dec 23, 2021: PCE at reduced rates

PCE prices are low in the Mumbai chemical market.

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Non-ionic surfactant prices have fallen in the Mumbai market today.

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A rise in benzyl alcohol prices was seen in the Delhi market today.

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Petrochem sources confirmed that PCE prices have slipped in the Delhi market.

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Triethanolamine prices are gradually recovering in the Ahmedabad chemical market.

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On December 23, 2021, trading sources reported a fall in VAM prices at Kandla port.

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Petrochem sources have reported a huge fall in EGMBE prices in the Ahmedabad market.

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Petrochem sources have reported a significant fall in VAM prices in the Mumbai market.

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Octanol prices have moved down at Hazira.

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Iso butanol prices have escalated in the Kandla market, today.

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On December 23, 2021, acrylonitrile prices were pushed higher in the Ahmedabad market.

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NBA prices were lower in the Kandla chemical market today.

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Phenol prices are falling in the imported market of Kandla.

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

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