Of the country's 7 LNG terminals (if the Jaigarh terminal of H-Energy is also taken as a completed terminal but not working because of lack of demand), only three are active as per our analysts
8Of this, one, the Shell terminal at Hazira, has just one cargo coming in on the 15th
8Spot cargoes are at a complete halt, and only long term cargoes are in
Click on Reports for the full documentation

Mallika Srinivasan, the chairperson of the PESB has last week changed the hiring paradigm for the oil & gas industry
8Much to the chagrin of some, but to the cheers of others

IOC had got into an MOU with Praj Industries to promote bio-fuels in India
8The MOU however has been criticized by company insiders, claiming that it may hamstring the oil giant in more ways than one
8What is more, the IOC chairman can do much more in terms of pushing new technology than it is doing just now

8CPCL is finally got cracking on the Nagapattinam refinery
Find out more

8The Build Own Operate (BOO) model is now sought to be extended by IOC to assets other than gas production
Find out more

EIL is embarking on its biggest ever gamble ever
8And even failure will have its lessons

8CGD companies are slowly coming up to scale when it comes to the volume of investment made
8Here is a company that now has a capex of Rs 1500 crore a year

India phosphate shipments are forecast to drop a dramatic 20% in 2021 due largely to limited supplies (as farmer demand has been relatively robust). DAP imports are down 42% y-o-y (through September) as India’s MRP and subsidy levels have made it the lowest netback market and have kept importer economics and domestic production in the red (production is down 18% y-o-y).
8This has led to a significant decline in stocks (down 69% y-o-y) and notable pent-up demand that should result in higher 2022 shipments, though but whether that happens or not remains a moot point
8The extent of the forecast increase in ‘22 shipments will be heavily dependent on further adjustments to subsidy levels, as recent ones have thus far not been sufficient, while global prices are expected to remain at current elevated levels through at least H1 2022
Read for an excellent update on what is going on

Mosaic India has the support of its parent company, and therefore on a strong wicket
8The company's operating profitability is expected to remain modest however due to the trading nature of operations. Nevertheless, the liquidity position of the company remains healthy, given the high financial flexibility due to the demonstrated support from the parent in the form of extended credit periods at market linked interest rates, significant un-encumbered cash balances and large unutilised bank limits backed by corporate guarantee/letter of comfort from the parent

8China's ban on fertilizer exports is causing deep worry in the global fertilizer market
8Another big company has considered importing urea from Middle East amid Chinese export irregularity
8Know more

8There is a tender out for supply of Ammonium Sulphate

8On a consolidated basis, Petronet LNG's net profit skid 11.1% to Rs 817.61 crore on a 73.4% surge in net sales to Rs 10,813.08 crore in Q2 September 2021 over Q2 September 2020.

8Global oil spare production capacity could diminish next year as air passengers return to the skies, removing an important cushion that the market is currently enjoying, Saudi Aramco Chief Executive Officer Amin Nasser said on Tuesday.

8SHi ordered the tank design of four new LNG carriers on behalf of a Bermuda-based ship-owner.

8Towards the end of the year, the season changes in northern India. Cold weather begins to set in and the air gets thick with smoke. After their winter harvest, millions of farmers clear the leftover rice stubble by setting entire fields alight to prepare for the incoming wheat crop.

Ortho-xylene prices have escalated in the Ahmedabad market, today.

Low ethyl acrylate prices were reported today in Kandla. 

MMA prices were assessed lower in the Kandla market.

Propylene glycol prices witnessed a fall in the Kandla market.

A rise in demand has raised VAM prices at Hazira.

8Unflex is the country's largest flexible packaging company
8Meanwhile, it has commissioned a brownfield BOPET film line in Poland with a capacity of 45,000 TPA. The trial run for its BOPP plant in Hungary and BOPET plant in Nigeria have already commenced and both the plants are expected to be commissioned soon
8After a 16-year hiatus, it is now putting up BOPET and CPP lines in Karnataka to meet the growing demand

8India is expected to register the highest styrene-butadiene-rubber (SBR) capacity additions globally between 2021 and 2025, contributing approximately 95% of the total capacity additions by 2025

8What is the outlook for both sulphur prices as well production going ahead?
8Capacity is set to increase
8What about prices?

What is the Asian weekly price outlook ahead for:
8Paraxylene
8Benzene
8Toluene
8Styrene
8MTBE
8Propylene
8Methanol
8Naphtha
8Ethanol

8The capacity addition will take place for Viscose Staple Fibre and Caustic Soda