News & Bulletin Updates

For anyone dealing with the gas business in India, it is very important to understand how European prices began to surge, so much so that they were at times higher than Asian prices.
8Here is a very comprehensive analysis of how that surge happened in three distinctive phases
8Answers are also available in this analysis about the future: when prices are expected to stabilize, but will they come low enough in 2022 for Indian furnace users to switch from liquid fuels to gas?

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Shell's Hazira plant is still drawing no cargoes. No cargoes are linked up for the terminal
8A PLL cargo is landing in Kochi
8And then there is a cargo for Ennore
8Or else Dabhol and Dahej have long term cargoes lined up to unload over the rest of the month

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This website has been getting information from the ground that people are facing problems with fertilizer availability and prices
8Here is a loud complaint that has come in to none other than the Prime Minister

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8Yara has signed a commercial agreement to bring fossil free green fertilizers to the market
8The fertilizers will be produced by Yara and marketed in early 2023

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8Webinar for professionals in the fertilizer industry is coming up

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Titanium dioxide prices have fallen in the Mumbai chemical market today.

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Domestic market sources reported a rise in Ahmedabad’s TDI prices today.

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Jan 13, 2022: NPG slips in Mumbai

Petrochem sources have reported a significant fall in NPG prices in the Mumbai market today.

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LDPE blow molding (natural) prices have increased in the Ahmedabad market.

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Jan 13, 2022: POY low in Ahmedabad

Pure Polyester Yarn Grade T21S remained low in Ahmedabad today.

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8Import of petroleum coke (petcoke), a byproduct of oil refining process, stood at 9.87 lakh tonnes in December 2021, up by 73 per cent over the corresponding month of the previous year as it is becoming price competitive to coal, according to a report.

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8A consortium led by L&T Hydrocarbon Engineering (LTHE), a wholly-owned arm of Larsen & Toubro, has bagged two mega offshore orders from a prestigious overseas client.

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8Oil major Exxon Mobil Corp said on Tuesday it bought a 49.9% stake in Norwegian biofuels company Biojet AS, as it looks to strengthen its low-carbon business to aide its targets for reducing greenhouse gas emissions.

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8Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production capacity and limited investment in the sector could lift crude above $100 a barrel.

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Market sources reported that butyl acetate prices were reduced at Hazira today.

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BGE prices are slowly increasing in Kandla.

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Petrochem sources in Kolkata have reported a rise in dibutyl phthalate prices.

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On January 13, 2022, EGMBE prices were assessed higher in the imported market of Delhi.

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Butyl Acrylate Monomer climbed higher in the Hazira market today.

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A rollover in PP, HDPE and LLDPE prices has been announced by HPL.

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On January 13, 2022, synthetic fiber known generically as spandex, was assessed higher in the Delhi market.

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A gradual decline in DTY grade 75D/72F prices is noticed in the Delhi market.

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EPDM 245 prices in the Delhi market have remained unchanged.

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On January 13, 2022 polyester yarn (DTY grade 75D/72F) prices in Mumbai were assessed higher.

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On January 13, 2022, Petrochem sources confirmed that styrene monomer prices have increased in the Mumbai market.

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