8Crude oil has already gained 10 percent since the start of the year and has further to go, Vitol's head of Asia told Bloomberg in an interview.

8Indian Oil Corp, the country's top refiner and fuel retailer, aims to invest 70 billion rupees ($944.02 million) to build gas sales network infrastructure, including pipelines, in new areas, the company said on Sunday.

8Sri Lanka will hold talks with the Indian Oil Corporation on Tuesday as part of a desperate measure to tide over the current fuel and energy crisis faced by the island nation, Power Minister Gamini Lokuge said on Monday. Lokuge said that the talks with the Indian Oil Corporation's local entity would be held for a solution to the fuel crisis.

8Home minister Amit Shah had some words of wisdom about the fertilizer sector

8Two important bureaucrats involving the fertilizer sector are unwell

 NPK Pilot Plant Greenfield Project
8Cost: 90 Cr.
8Project Event: The Pilot plan is still in the progress at the company' s R&D department but it is generally expected than RFQs for equipment & services are likely to be released in March 2022.
Nano Urea Greenfield Project
8Cost: 190 Cr.
8Project Event: The proposal for the term of reference has been granted. The find EIA studies are ongoing, RFQ for the equipment and services is likely to be released in February 2022

8One Phosphoric Acid Shipment has reached on 17th January 2022
8Three Phosphoric Acid Shipments are coming up on 19th January, 21st January and 24th January 2022

8A new economic analysis has heightened tension among farmers who fear that pending tariffs on nitrogen fertilizers will create shortages and cause prices to increase

8Fertilisers shares closed higher in the Monday's session.

8India is likely to earmark nearly $19 billion in the federal budget to compensate fertilizer companies for selling their products to farmers at lower than market prices, according to people with knowledge of the matter.

Regular Butyl Rubber Grade 268 prices were quoted higher today in the Mumbai market.

Pure polyester spun yarn grade ring spinning R30S (Knitting) prices were assessed higher in the Mumbai market today.

Polyester DTY (Drawn Textured Yarn) grade 75D/72F fell in the Mumbai market due to low demand today.

Strong buying trends lifted polyester prices higher in Delhi.

On January 18, 2022, 2-EH prices witnessed a sharp fall in the Mumbai imported market.

Diethanolamine prices are falling in the Ahmedabad chemical market.

On January 18, 2022, DIBP prices fell in the domestic market of Delhi.

EGMBE prices have improved in the Mumbai chemical market.

Market sources reported that cyclohexane prices were revised in Hazira today.

Propylene Glycol prices are slowly increasing in Kandla.

MEG prices moved higher today in the Mumbai chemical market.

MMA prices have been revised at Kandla.

On January 18, 2022, trading sources reported a fall in acetic acid prices in the Mumbai chemical market.

8World's second largest petrochemical cracker and the world's largest MEG unit came on line ahead of time

8Asia's propane premium over butane reached a near four-month low at $2/mt on Jan.13, narrowing from $30/mt when the January Saudi term contract prices were set, as butane in the region tracks higher prices in the US, where the product is in demand as a winter gasoline blending feedstock, traders said