News & Bulletin Updates

8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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Is Petronet LNG at the end of its growth story?
8With new terminals coming up and without a strong enough growth plan in hand, it is no longer a favourite with analysts

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8After a long hiatus, Shell is bringinging in its own cargo at its terminal in Hazira
8It is a smallish cargo, according to daily data available with us, of a mere 33080 cubic metres
8Looks like the multinational has lined up a customer or two for it

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Nov 16, 2021: Daily import matrices

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

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8India's oil minister said on Monday he was concerned about high oil prices, and price volatility could harm the world's energy transition.

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8Megha puts out the red carpet for visitors to Hyderabad
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EIL did plunge into the risky EPC space yesterday
8It put in an EPC bid for a downstream project
8Whose engineering licence did it reply upon?

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Here is a consolidated set of news on the shipping industry.
8Carbon dioxide emissions per tonne mile is now the metric against which shipping’s progress is being gauged. A failure to adapt and grasp the nettle of decarbonisation is the surest guarantee of obsolescence
8China economic transition has serious implications for the shipping industry
8As the global supply chain struggles from the aftershocks of the pandemic, spreading the suffering to nearly every industry, cybercriminals vultures are descending on the vulnerabilities to create more dangerous disruption
8This multinational controlled port in India is where our bets are on for aggressive future growth
8Why is is DP World running foul of authorities in India
8The report, Ship Acquisition, Financing and Leasing (SAFAL), was submitted to the International Financial Services Centres Authority (IFSCA) on 28 October 2021 by the Committee for Development Avenues for Ship Acquisition, Financing and Leasing from the International Financial Services Centres (IFSC)
8Coral-Sul FLNG vessel ready to serve Mozambique
8Indian port tariffs, why is there a controversy over them?

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ONGC has made the highest ever profits last quarter
8And its stock has underperformed in the market so far
8Yet, why are stock market punters not putting a buy recommendation on the stock then?

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Here is a requirement for an oil & gas consultant but with a very interesting job profile
8And they are looking for a retired person with an oil & gas background

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Urea (Granular) and Captive Power Unit Expansion Project
8Cost:700 Cr.
8Project Event: The project is still on hold, It is likely to be activated in January 2022, RFQ for the LSTK contractor is likely to be released in February 2022.
SSP/GSSP Greenfield Project

8Cost: 15 Cr.
8Project Event: The proposal for the environmental clearance has been submitted, and terms of reference granted. The final EIA preparation is ongoing which is likely to be completed in December 2021. RFQ for the local contractor is likely to be released in January 2022. The company has also applied for a loan, which is likely to be elicited in December 2021

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8The expected rise in trade deficit to about $20 billion this month, along with high crude oil prices, will weaken the Indian rupee further during the upcoming week.

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8After a long break, European terminals started to receive large quantities of vessels only in recent months, which among other things eased the supply/demand situation. But Asia’s imports slowed down just for a while, and with colder weather approaching, the region’s players should hunt for cargoes with renewed vigour.

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8Oil prices slipped on Tuesday as a rebound in COVID-19 cases in Europe raised concerns over demand amid expectation that supply will rise, while some in the market still fear the United States may release crude reserves to stop a rally in gasoline prices.

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Octanol prices registered a sharp fall in the imported market of Kandla. 

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A revision in NBA prices has been announced at Hazira.

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Nov 16, 2021: MEG lower in Mumbai

MEG prices witnessed a fall in the Mumbai market today.

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Petrochem sources in Kandla have reported a rise in Mp diol prices.

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Market sources reported an increase in DEG prices in Hazira today.

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MMA prices witnessed a fall in the Mumbai market today.

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A revision in benzene prices has been announced at Vizag.

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Acetic acid prices witnessed a significant fall in the Mumbai market.

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On November 16, 2021, trading sources reported a fall in isobutanol prices in the Kandla chemical market.

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

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C9 Solvent prices in Mumbai were assessed lower on November 16, 2021.

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