News & Bulletin Updates

Jan 19, 2022: Capex plans ahead

Capex plans have been lined up by the following chemical companies:
8Rashtriya Chemicals & Fertilizers
8Dipin Chemicals
8Tagros Chemicals
8MVL Medisynth
8Suraj Laboratories
8GSP Crop Science
8Sarvottam Decor
8Besi Drugs
8Otsuka Chemical India
8White Field Chemicals
8Feel Organic

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Jan 19, 2022: Rubber prices

8Get rubber prices in Singapore

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High phthalic anhydride prices were recorded in Kolkata today.

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Market sources reported that VAM prices were reduced at Hazira today.

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C9 Solvent prices are slowly increasing in Kandla.

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On January 19, 2022, the Kandla port witnessed a fall in butyl acrylate monomer prices.

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Caprolactam prices are slowly increasing in the Delhi market.

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High NPG prices were recorded in Mumbai today.

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On January 19, 2022, Petrochem sources confirmed that Polymeric Mdi prices had increased at Mumbai port.

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Prices for carbon black N220 have been reduced in Mumbai today.

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NBR Grade 240s remained high in Mumbai today.

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On January 19, 2022, synthetic fiber known generically as spandex, was assessed higher in the Delhi market.

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On January 19, 2022 polyester yarn (DTY grade 75D/72F) prices in Mumbai were assessed higher.

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High light soda ash prices were reported in the Mumbai market, today.

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Petrochem sources have reported a fall in dichloromethane prices in the Delhi chemical market.

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Isobutylene prices have risen in Mumbai.

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Petrochem sources have reported a cut in 2-EH prices in the Delhi market.

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Benzyl alcohol prices have increased in the Ahmedabad domestic market today.

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A sharp fall in DINP prices was recorded in the Mumbai chemical market today.

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Jan 19, 2022: Daily import matrices

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

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India's effort to set up a refinery in Mongolia seems to have run into some problems
8There is a Chinese angle now

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8At least two EPC bidders seem to have dropped out of the race for the Haldia Petrochemical complex at Cuddalore
8And there may be more on the horizon

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The CGD segment saw a big boost in the latest auction round.
8But there will be many challenges ahead
8Already, electric vehicles are making an impact on at least one CGD player, and this is going to be the trend going ahead
8As a matter of fact, the CNG section, the largest demand creator, may suffer a breakdown, leaving CGD players to compete in the non-lucrative household gas supply business and the industrial category, where the exclusivity is only up to 50,000 scmd
8Tough times are ahead for CGD players

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8ONGC is eventually putting out some of its onland fields for production enhancement by roping in the private sector.
8And it is providing enough leeway to potential bidders

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Drone attacks on the UAE have pushed oil prices to record high
8They were last higher than what they are today in 2014
8Yet Indian retail prices are not moving up in tandem, they have remained unchaged
8This is a precedent fraught with danger

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