News & Bulletin Updates

8Apart from the future growth potential, which might be driving the stock price performance to a great extent, there is no doubt that the earnings delivery of Indian Specialty Chemicals companies has been far superior compared to any other sector indices
8But there could be risks ahead

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8U.S. chemical production dips slightly
8Production Regional Index (U.S. CPRI) fell 0.3% in August following a 1.1% gain in July and a 3.4% gain in June, according to the American Chemistry Council

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8Want to participate in the consultation process with the European Commission for revising CLP Regulation No 1272/2008?
8The objective of revising the Regulation on the classification, labelling and packaging of chemical substances and mixtures is to ensure safer use of chemicals and to simplify existing rules
8Based on the public consultation and the impact assessment, the Commission will come up with revised regulations

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8Khaitan Chemicals is selling off a plant

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8The website carries here our weekly outlook for BAM
8Find out how prices are going to behave ahead

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Sep 28, 2021: MEG weekly synopsis

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

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8The website carries here a weekly outlook on toluene prices
8Find out what our analysts are saying about how prices will behave ahead

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Sep 28, 2021: Daily import matrices

Get the daily updates for
8Daily Chemicals 
8Daily Crude
8Daily LNG
8Daily LPG
8Daily Ammonia
8All tankers
8Bulk and dry cargoes
8Port updates

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It is a four-well drilling programme in this DSF field by Oil India Ltd in Tripura
8RFQs are expected ahead

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US imports of LNG into India
8Get all the data points here

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8There is panic buying of fuel as Britain faces several crises: an international gas price surge that is forcing energy firms out of business, a related shortage of carbon dioxide that threatens to derail meat production, and a shortage of truck drivers that is playing havoc with retailers and leaving some shelves bare
8So the post-COVID world is turning out to be a little scary at this juncture

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NPK-DAP Greenfield Project
8Cost - Rs 987 crore
8Project Event: The project has elicited environmental clearance in August 2018, RFQ for the LSTK contractor is likely to be released in Q2 FY 2022.
DAP/NPK /Phosphoric acid Greenfield Project (New)
8Cost - Rs 500 crore
8Project Event: The project is under the process of environmental clearance, RFQ for the LSTK contractor for the DAP/NPK plant is likely to be released in Q3 FY 2021-22.

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Work is going on in GAIL's 16.5 mmscmd, 1755 km Mumabi-Nagpur-Jharsuguda natural gas pipeline. Project cost: Rs. 7845 crore
8Some consultants and contractors are in place, but many RFQs are still ahead
8Get the names of the various contractors and service providers associated with this project to know if sub contracts are going to be available going ahead
8Commissioning is in 2023

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Why are gas prices so high?
8What are the underlying fundamentals
8How do look at the next year, in terms of Q-1 or Q-2?
8Will the uncertainty continue or will it all settle down

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8What is the latest update on Swan LNG?
8How far has the project progressed?

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8Even though H-Energy is stuck in Jaigarh, it is being goaded by timelines set by the PNGRB to start work on a the Kanai Chhata to Shrirampur stretch of the Indo-Bangladesh pipeline

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8Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) plans to invest over Rs 1 lakh crore over the next five years in raising petrochemical production capacity, gas business, clean fuel and augmenting marketing infrastructure, its chairman Arun Kumar Singh said on Monday.

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8Leading fertilizer company Paradeep Phosphates has received Sebi go-ahead to mop up funds through an initial public offering (IPO).

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8Clean energy policies are not to blame for recent spikes in gas and electricity prices, and the soaring prices should not derail Europe's green transition, International Energy Agency executive director Fatih Birol said on Monday.

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8Gujarat State Fertilizers & Chemicals (GSFC) jumped 4.61% to Rs 129.45 after the Central Board of Indirect Taxes and Customs (CBIC) proposed anti-dumping duty for caprolactam.

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8Yes Securities has buy call on Rashtriya Chemicals Rashtriya Chemicals & Fertilizers Ltd. with a target price of Rs 100. The current market price of Rashtriya Chemicals & Fertilizers is Rs 85.65.

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8MarketsFarm — Fertilizer prices have increased over the past year, but could be headed even higher as a recent confluence of events has caused a shortage — the effects of which may affect producers past the New Year.

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Ethyl acetate prices are slowly increasing in the Ahmedabad market.

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On September 28, 2021 Naphtha prices were registered to move up in Japan and Europe on account of positive buying trends in the respective countries.

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The international crude oil price of Indian basket was quoted at around $76.89 per barrel on September 28, 2021.

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