News & Bulletin Updates

8A DAP requirement has come up

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8Global gas prices are at "extreme levels" due to low inventories and strong demand in Europe and China, and the market is set for a reasonably bullish five-year outlook, said Russell Hardy, chief executive officer of Vitol.

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8Professor of Chemical Engineering and Chemistry, University of Sheffield Sheffield (UK), Sep 26 (The Conversation) The recent spike in natural gas prices has closed many plants that make fertiliser in the UK - sending a shockwave through lots of other industries.

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8A New York court has paused Cairn Energy's pursuit of US assets of Air India for the recovery of USD 1.2 billion arbitral award, so as to allow the British firm to reach a settlement with the Indian government on the long drawn dispute.

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8During the mega National Cooperative Conference, the world’s number one fertilizer cooperative IFFCO’s use of nanotechnology in the fertilizer sector to make IFFCO NANO UREA Liquid was highly appreciated by Amit Shah, Minister Home Affairs and Minister of Cooperation.

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8Rajasthan Chief Minister Ashok Gehlot's brother, Agrasen Gehlot, has been issued summons by the Enforcement Directorate in connection with the alleged fertiliser scam.

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8Uralchem JSC is preparing to open its representative office in Nigeria in the near future.

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Imported PET prices in the Mumbai polymer market were quoted higher

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The international crude oil price of Indian basket was quoted at around $75.42 per barrel on September 27, 2021. 

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On September 27, 2021 Petrochem sources reported a fall in polyamide 6 (E35) prices in the Ahmedabad polymer market

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On September 27, 2021 naphtha prices were reported to be unchanged for Japan and  NW Europe due to steady demand patterns in the region.

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Ethyl acetate prices are slowly increasing in the Kolkata market.

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On September 27, 2021, imported acrylic prices were quoted lower in the domestic market of Mumbai

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POM (M270 44) prices are slowly increasing in the Mumbai market

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ABS (HI121H) IM prices were assessed lower today in the domestic market of Mumbai

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Tight supply coupled with high demand has raised propylene glycol prices in the Kandla market. 

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On September 27, 2021, imported acrylic prices were quoted lower in the domestic market of Delhi

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A rise in POM (F30-03) prices ws noticed today in the Delhi polymer market

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A hike in ethyl acetate prices was noticed today, at Ex-Satyam. 

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On September 27, 2021 ABS (MIF45) prices moved higher in the Delhi polymer market

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On September 27, 2021 ABS (MIF45) prices moved higher in the Mumbai polymer market

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Petrochem sources have reported a sharp fall in ABS (HI121H) IM prices in the Delhi market

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

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Petrochem sources in Mumbai have reported a rise in acetone prices. 

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IPA prices were assessed lower in the Delhi market.

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