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

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

A significant fall in butyl cellosolve prices was noticed in Kandla today.

Tight supply coupled with high demand has raised propylene glycol prices in the Kandla market. 

Ethylene prices have been reported to be unchanged for South Korea, NE Asia, South East  Asia, India, Japan, NW Europe, and the US Gulf due to steady demand patterns in the region. 

On September 30, 2021 Naphtha prices registered a downward movement in Japan while moving up in NW Europe owing to fluctuation in the markets.

The international crude oil price of Indian Basket was quoted at around $77.65 per barrel on September 30, 2021.

Megha Engineering and Infrastructure Ltd knows where to draw the line on the sand
8After an unprecedented winning streak, the company is no longer bidding for every project in the downstream sector
8It has decided to pick and choose its next battles

With gas prices sky-high, is this the right time to get into long-term contracts?
8China has just done a 15-year deal for LNG
8Clearly, while earlier, everyone wanted to be indexed to gas hub prices, the pendulum has swung 360 degrees, and now everyone is looking at indexing LNG to crude. But any indexation now will be at a higher slope than any time in the past. So should you wait and watch? What if you have some quantities you have to necessarily purchase because beyond a point demand destruction is not the option?
8One thing is for sure, there does not seem to be any middle ground

8ONGC is streamlining delay reportage in LSTK contracts
8Adequate systems were not in place earlier
(Note: The changes that are being brought about are because we now have a man who understands finance at the helm of ONGC and not a drilling or production engineer. The pain points and the levels where efficiencies can be garnered are better understood by this regime than a few others in the past)

International tenders can be below Rs 200 crore also.
8Find out under what circumstances that can be so

8Director marketing slot in NFL is vacant
8When is it getting filled up?

Single Super Phosphate Greenfield Project
8Cost - Rs 10 crore
8Project Event: Still, evaluation is ongoing for environmental clearance, it is likely to be granted in October 2021. A new committee has been formed for the project, the tender for a contractor is likely to be released in November 2021.
Phosphoric Acid Greenfield Project
8Cost - Rs 10 crore
8Project Event: The proposal has been accepted by SEAC and the proposal for the environmental clearance is submitted to MOEF in June 2018. Still waiting for the clearance. RFQ for the local contractor is likely to be released in Q3 FY 2021.

8Reliance Industries (RIL) said on Wednesday that Saudi Aramco chairman Yasir Al-Rumayyan met all the regulatory criteria for his appointment as an independent director.

Find out how prices are behaving
8The spiral is unprecedented

8Using environment-friendly fertilizers from sewage is an interesting concept
Know more

8Get a complete update on the global fertilizer market till 2022

8Brent crude, a benchmark for nearly 80 per cent of global crude oil trade, crossed 80 dollars a barrel on Tuesday.

8Indian motorists will struggle to move away from gasoline- and diesel-powered cars over the next quarter of a century, suggesting the nation’s push towards electric vehicles may not be a complete success, OPEC said.

8Natural gas prices have climbed to their highest level in seven years in US NYMEX futures. Extreme weather in the US coupled with disruptions associated with hurricane Ida played a role in kickstarting the rally.

8INR vs USD: Indian Rupee is at one month low in both spot and future markets quoting 74.32 and 74.76 per Dollar respectively. As per currency experts, the decline is due to the soaring crude oil prices fueling global inflation and India's Dollar outgo on oil imports. 

A rise in imported acrylic prices ws noticed today in the Mumbai polymer market

On September 30, 2021 imported acrylic prices moved higher in the Delhi polymer market

Polyamide 6 (M28RC) prices in the Delhi polymer market were quoted higher

On September 30, 23021 Petrochem sources reported a fall in imported polyamide 6 (E35) prices in the Ahmedabad polymer market