News & Bulletin Updates

Petrochem sources confirmed that ethyl acetate prices have plummeted in the Ahmedabad market.

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Market sources reported a cut in BGE prices in Kandla today.

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There are going to be market opportunities for LNG and hybrid energy solutions focusing on distribution, small scale solutions
8Here is a webinar you can attend

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DBP prices firmed up at Chennai in anticipation of tight regional product avails and improved buying sentiments.

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Here is an interesting update that questions the need for tying up huge gas infrastructure in a country like India where renewable energy is already cheaper than gas.
824 hour renewable energy too is getting rapidly cheaper.
8Find out how far this argument runs, particularly in the context of sky-high gas prices as of the moment

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What is the total item-wise capex by Indian Oil Corporation Ltd for the current and the coming year?
8Get a full excel on this here

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High gas and transportation costs have eviscerated the LNG market in India.
8It has eliminated the spot market entirely
8And our daily data shows, the shortest list ever of outstanding LNG shipments into India
8Also, LNG shipping rates are at a record high

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This fertilizer unit is likely to be inaugurated anytime between December 7-9, 2021
8That will mean extra urea coming into a market at a time when supplies are tight
8This will also mean an extra gas consumption of 2.4 mmscmd

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8The world's first electric and self-propelled container ship has been launched
8The project is expected to cut 1,000 tonnes of CO2 and replace 40,000 trips by diesel-powered trucks a year
8Know more 

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Nov 22, 2021: Fertilizer tender out

8There is a tender out for supply of Mono Potassium Phosphate

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8India has invited global companies to invest in its energy transition and work with it to achieve its vision to expand the green footprint by more than doubling the share of natural gas in the country's energy basket.

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8India's domestic gas production is expected to get a boost from KG Basin, from Motilal Oswal Financial Services (MOFSL).

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8The efforts taken by the Indore Municipal Corporation (IMC) to keep the city clean not only earn it bragging rights as India's cleanest city year after year, but also some hard cash. Indore was adjudged the cleanest city for the fifth year in a row in the Union government's annual survey on Saturday.

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8Asian liquefied natural gas (LNG) prices rose for the second straight week on robust demand from Asian buyers ahead of peak winter months and on supply concerns in Europe after delay in licensing the new Nord Stream 2 pipeline.

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8Soaring fertilizer costs threaten to drive up prices of crops worldwide, from US corn to Brazil coffee and China wheat.

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DOP prices were quoted higher in the Ahmedabad market today.

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On November 22, 2021, the Kandla market witnessed a rise in Iso butanol prices.

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A revision in DEG prices has been announced at Hazira.

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A rise in phenol prices was seen in Kandla today.

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A revision in Octanol prices has been announced at Hazira.

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Acetic acid prices registered a sharp fall in the imported market of Kandla.

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VAM prices in the Mumbai market registered a significant fall today.

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On August 21, 2021, Petrochem sources reported a sharp fall in propylene glycol prices in the Kandla port.

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MEK prices were quoted lower in the Kandla chemical market today.

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Low acetone was reported today in Mumbai.

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