News & Bulletin Updates

8Color Chemicals is a partnership firm which trades in and distributes textile chemicals and dyes
8It just got a ratings upgrade

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It is a combination of high prices and other factors that has reduced cargoes at Indian LNG terminals
8Shell Hazira normally has as many four or five cargoes which are notified to port authorities, and currently, it has one
8Single cargoes are also expected at Ennore and Dabhol as well
8The rush is now concentrated at PLL's Dabhol terminal

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Sep 22, 2021: Daily import matrices

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

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

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8Find out our weekly analysis, price charts and projections on sulphuric acid price movements for the coming week

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The steep gas price rally is nothing short of being "dangerous".
8And under attack for fuelling these high prices are a host of behind-the-scene actors
8Also, know more on how, as gas prices rise, there is a rush to set up LNG liquefaction plans, even without long term deals

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

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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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Petrochem sources in Ahmedabad have reported a rise in ortho-xylene prices.

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

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Prices for BAM are at higher levels at Hazira.

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Acrylonitrile prices have soared in Mumbai.

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8Seven development drilling locations are coming up in the North East
Find out more

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Petrochem sources in Mumbai have reported a sharp rise in acetic acid prices. 

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NPK Fertilizer Expansion Project
8Cost - Rs 190 crore
8Project Event: The project has licited environmental clearance in September 2019, The project activities are still on hold due to lack of funds, the project is likely to be activated in Q3 FY 2021. RFQ for the LSTK contractor is likely to be released in Q3 FY 2021
Urea Revamp Project
8Cost - Rs 700 crore
8Project Event: The Pre-Qualification for the LSTK contractor is out and the discussion is still ongoing, It is likely to be finalized in October in place of August 2021.

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How much is each gas well in Cairn India's Barmer field meant to produce?
8Meanwhile, the company has set an auction date for gas from one of its new fields

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8Shares of Oil and Natural Gas Corporation (ONGC) hit a 22-month high of Rs 135.80, surging 6 per cent on the BSE in Tuesday’s intra-day trade on improved outlook. The stock of the state-owned oil exploration and production company was trading at its highest level since November 2019.

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8L&T has won a pipeline project of GAIL

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8During COVID, it was the only industry which had done better than before
8Get a full synopsis of the fertilizer sector during 2020-21
8Get a full picture of how international prices have been behaving
8Also, know about the prospects for gas supply in the fertilizer industry

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Sep 22, 2021: Urea tender released

8There is a urea tender currently ongoing

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8The chief executive of Malaysia's state energy firm Petronas said on Tuesday that a gas price at $7-$8 per metric million British thermal units (mmBtU) could be a "sweet spot" for customers and allows investments to continue to happen.

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8India's oil imports rose to a four-month high of about 4.2 million barrels per day in August, recovering from the near 1-year low hit in July, tanker data from trade sources showed, as some refiners plan to boost runs in anticipation of pent-up demand around the festival season.

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8The International Energy Agency on Tuesday urged Russia to step up gas deliveries to Europe in anticipation of higher winter demand, as tight global supply pushes prices skywards.

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The international crude oil price of Indian Basket was quoted at around $72.7 per barrel on September 22, 2021.

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On September 22, 2021 Naphtha prices registered a downward movement in NW Europe while moving up in Japan owing to fluctuation in the markets.

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