News & Bulletin Updates

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

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8We are carrying here a weekly MEK market report
8Find out what kind of prices are projected going ahead

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8The website carries here a weekly outlook on cyclohexanone prices
8Find out what our analysts are saying about how prices will behave till next week

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Nov 11, 2021: Daily import matrices

Get the daily updates for
8Chemicals
8LNG
8Crude
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates
8Lastest liquid gas import update
8Port news update

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Nov 11, 2021: Weekly import data

8Get the weekly import data here

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The government has come up with a new 2G ethanol pricing policy
8And that may give a boost to 2G investments in India

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This is a three-field small E&P company
8And with prices looking up, it has plans ahead

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The government is at long last moving towards plugging the gap in the appointment of independent directors in oil PSUs.
8A bunch of four directors have been put in place for one PSU. Find out who they are

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IOC had tied up with Praj Industries for sustainable aviation fuel (SAF) production
8But choosing the right path is important
8The alcohol to jet route that the JV plans to promote has significant techno-economic uncertainty.
8The largest barrier to wider SAF use is cost. SAF production expenses result in market prices 2-4 times greater or more than traditional fossil jet fuel, depending on the production pathway used, limiting the potential for market-driven scale-up.
8Without government support, the IOC-Praj venture will go nowhere.
8Also, the world's first SAF-powered jet flights are using a different technology entirely

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A coastal tanker fleet that ferries products for oil marketing companies can make for good business.
8The problem could be the short term nature of these contracts, but getting further contracts is not that difficult once you understand this business
8Here is one company coasting along well in the coastal tanker business for oil companies

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While taking over BPCL's majority holding in NRL, Oil India Ltd was asked to also pay up for the Assam government's purchase of a 10% stake in the Upper Assam based refinery
8Given its dire finances, the state government said it would pay OIL for its stake at a later date
But did it?

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Jack-up drilling suppliers are looking ahead to better times.
8Here is one company that thinks the future is brighter than the past

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What kind of APM gas price revision is expected in 1HFY23.
8Also, there is likely to be a further hike in 2HFY23.
8All of this is expected to create headwinds for CGD companies

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 Expect a sharp domestic gas price increase
 8And this will put urea subsidy under strain

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Nov 11, 2021: Gas data

Out of 10 spot cargoes that were floated by GAIL, Torrent Power, PLL and GSPC, find out how many have been awarded between September-October, 2021
8Also, get a comparison of IGX prices with Platts spot price index for January-November, 2021.
8Further, what is India's total regas capacity, how much of it is utilized?
8What is the percentage of spot cargoes in India's total imports?

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8The Gujarat government has chalked out plans to organise the January 2022 summit on a bigger scale
8More than 500 leading global companies are expected to participate and plan their new investments in Gujarat

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8The world has started pushing green hydrogen production now.
811GW of green hydrogen production capacity has been pledged by 2030 through the H2Zero initiative.
8Know more

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8The government on Wednesday hiked the price of ethanol extracted from sugarcane for blending in petrol by up to Rs 1.47 per litre for 2021-22 marketing year starting December, as part of its target to achieve 20 per cent doping by 2025. Higher mixing of ethanol in petrol will help cut India its oil import bill and also benefit sugar cane farmers as well as sugar mills.

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8Independent refiners in China boosted imports of oil from Iran between August and October, attracted by the cheaper Iranian crude despite the risk of running afoul of U.S. sanctions.

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8India's top gas importer Petronet LNG will seek higher volumes at better prices from Qatar Gas during negotiations for an extension of its long-term liquefied natural gas (LNG) deal beyond 2028, its head of finance said on Wednesday.

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8Oil prices slumped on Thursday, hit by a surge in the dollar after U.S. President Joe Biden said his administration was looking for ways to reduce energy costs amid a broader surge in inflation.

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8Sri Lanka is now tasting, for the first time, China’s latest weapon in its armory - wolf diplomacy.

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On November 11, 2021, trading sources reported a fall in styrene monomer prices in the Delhi chemical market.

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On November 11, 2021 NPAC prices continued to rise sharply at Kandla.

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Nov 11, 2021: C9 prices on the rise

C9 Solvent prices have escalated in the Delhi market today.

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