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Nov 09, 2021: Daily import matrices

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8Chemicals 
8Crude
8LNG
8Weekly Fertilizers
8LPG
8Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

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Ammonia-Urea Energy Saving Project
8Cost:380 Cr.
8Project Event: The project is still on hold due to a lack of funds, and it is likely to be activated in January 2022. RFQ for the LSTK contractor is likely to be re-release in March 2022
NPK Fertilizer Greenfield Project
8Cost: 1517 Cr.
8Project Event: Project activities are still on hold, internal discussion is ongoing between the JV for the hiring of the LSTK contractor, RFQ for the LSTK contractor is likely to be re-released in February 2022.

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8The website carries here a report that provides a roadmap of India’s transition towards a low-carbon economy

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8Reliance Industries Ltd has exited the last of its shale gas assets in the US after it agreed to sell its holding in EagleFord shale gas assets for an undisclosed sum of money

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Nov 09, 2021: Daily import prices

8One Phosphoric Acid Shipment is reaching on 12th November 2021
8One Phosphoric Acid Shipment is coming up on 14th November 2021

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Petrochem sources in Mumbai have reported a significant lift in VAM prices.

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8The tight supply situation of natural gas in the global markets is expected to ease to a certain extent in 2022 as production growth is forecast to outpace demand, said Luo Yizhou, vice president of PetroChina International Co. Ltd, a subsidiary of state-owned PetroChina.

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A revision in butyl acetate prices has been announced at Hazira.

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8US gasoline prices remain high well after the summer driving season. Domestic oil production isn't coming back fast as investors remain wary. And now President Joe Biden has struck out asking OPEC to put more oil supply on the market to help ease prices.

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Acetonitrile prices registered a sharp fall in the imported market of Mumbai. 

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8QatarEnergy has ordered six LNG ships from two South Korean shipyards, the first batch under a 2020 agreement, as the Gulf state seeks to meet requirements for its North Field expansion plans.

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Aniline prices were quoted higher in the Mumbai market, today.

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Nov 09, 2021: MEK plunges in Mumbai

MEK prices witnessed a huge fall in the Mumbai market today. 

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A cut in PTA (domestic intact) prices has been noted in Mumbai today.

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8United Arab Emirates Energy Minister Suhail al-Mazrouei said on Monday insufficient investments in the oil and natural gas industry could lead to a hike in energy prices.

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8Oil prices rose for a third session on Tuesday as the passage of a U.S. infrastructure bill, Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand.

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Cyclohexanone prices have moved higher up at Hazira.

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Phenol prices were quoted higher in the Mumbai market, today.

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Petrochem sources in Kandla have reported a rise in NBA prices.

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Robust demand has raised DEG prices at Hazira.

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Low acetone prices were reported today in Mumbai.

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A fall in acetic acid prices in the imported market of Mumbai was noticed on November 9, 2021.

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8There is a way forward it seems, according to the World Economic Forum

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8DAP imports have dropped to dangerous levels

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8Demand for bulk plastics flakes have come up

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