News & Bulletin Updates

8BP's trading team made at least $500 million in the third quarter of 2021, two sources with knowledge of the company's trading results said, as the energy major benefitted from a gas crisis that has left consumers and industries smarting.

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8The state-owned Oil India Limited (OIL) on Tuesday launched an ambitious drone surveillance project to curb pilferage of crude oil, condensate, theft of pipes, tampering of well heads and tapping of crude oil delivery pipelines, besides to strengthen the overall operational security.

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8As US benchmark oil crossed $80 per barrel on October 8, a level last reached in November of 2014 and is likely to climb to $100/b, the Union government has to develop both short and medium-term plans to face the potential energy crisis.

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8President Joe Biden, hoping to signal U.S. re-engagement with allies after four years of Donald Trump's "America First" policies, heads to a meeting of G20 leaders in Europe this week to discuss energy prices, the Iranian nuclear program and supply chain issues, U.S. national security adviser Jake Sullivan said on Tuesday.

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8The Government should look for long-term solutions to correct the current situation of heavy reliance on imports and reduce these to 10-15 per cent.

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NBA prices were quoted higher in the Ahmedabad market, today.

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A fall in DOP prices in the imported market of Ahmedabad was noted on October 27, 2021.

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Aniline prices were quoted higher in the Kandla market, today.

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Market sources reported an increase in octanol prices in Hazira today.

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Robust demand has raised benzene prices at vizag.

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Petrochem sources in Kandla have reported a rise in Acetic Acid prices.

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ACN prices were quoted higher in the Mumbai market, today.

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MEK prices have moved lower in Mumbai.

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Petrochem sources in Mumbai have reported a significant lift in VAM prices.

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8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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8Get India's most comprehensive daily coverage of daily petrochemical prices
8Hundreds of prices are updated every day by our country-wise troop of scouts, analysts and editors

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8Find here our fresh coverage of new chemicals
8We have added another 60 new chemicals

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8Chemical producer, LyondellBasell, has a decarbonization toolkit
8Know more about it

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8For those who are interested, we have a detailed update on LNG shipping rates

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Oct 26, 2021: Outlook ahead

Get the outlook ahead for:
8Naphtha
8MTBE
8Toluene
8Isomer-MX
8Ethanol

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8Daily international rubber prices in Singapore

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8Vishnu Chemicals Ltd has found itself in a niche market
8And it is sticking to it, expanding its client base both domestically and internationally
8And this company is a prime example of how the China plus 1 has been beneficial: it now a preferred vendor instead of being a second option for clients

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8The performance of Merrito Polymers (India), a manufacturer of vinyl sheeting and polyvinyl chloride flexible film and foils in Krishna District, Andhra Pradesh, underlines the problems smaller companies face in this rather crowded business

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8Supreme Industries is known for being a PVC pipe manufacturer
8But it also present in other product categories and the big advantage is higher PVC prices are getting passed on to the market without much of a hitch
8What sets the company apart is that it has been gaining market share from the unorganized market
8It remains a favourite scrip for stock market punters

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8Mahavir Polyplast is engaged in the manufacturing of pipes such as un-plasticized polyvinyl chloride (UPVC) pipes, casing pipes, ribbed screen pipes, plumbing pipes and column pipes
8The going has not been that easy

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