News & Bulletin Updates

8The government may have raised the price of domestic natural gas price by 62 per cent from the existing $1.79 per million British thermal units (mmbtu) to $2.9 per mmbtu but gas production will remain a loss-making proposition for most fields and there will be limited benefit for producing companies, according to ratings agency ICRA.

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8The government on Thursday hiked the price of natural gas, that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for household kitchens.

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8The revision in natural gas prices from $1.79 per million British thermal unit (mBtu) to $3.15 per mBtu may lead to city gas distribution companies hiking prices by 10% and passing on the burden to customers, according to analysts.

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8Oil prices dropped on Friday on the prospect that the OPEC+ supplier alliance might step up a planned increase in output to ease supply concerns, with soaring gas prices spurring power producers to switch from gas to oil.

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8While India has targeted to produce Hydrogen from natural resources to ensure energy security, Indian researchers from the Science and Technology Ministry (DST) have designed a process that could produce hydrogen from agricultural waste.

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8The website carries here our weekly outlook for C10 solvent
8Find out how prices are going to behave ahead

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8A detailed coverage of petrochemical prices are carried here
8Here is our multi-grade, multi-city price list for petrochemicals

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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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A fall in styrene monomer prices in the imported market of Delhi was noted on October 1, 2021.

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On October 1, 2021, methanol prices increased in the Delhi market. 

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DBP prices registered a fall in the imported market of Kolkata. 

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Acrylonitrile prices have increased today in the Kandla market.

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A drop in ethylene dichloride prices was noticed today at Pipavav. 

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On October 01, 2021 Naphtha prices moved up in Japan and Europe on account of positive buying trends in their respective countries.

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The international crude oil price of the Indian Basket was quoted at around $76.71 per barrel on October 01, 2021.

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A drop in octanol prices was recorded today at Hazira.

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NBA prices were assessed lower in the Kandla market.

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Petrochem sources in Kandla have reported a huge rise in MEK prices.

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On October 1, 2021, PET (G5801) prices were quoted lower in the domestic market of Delhi

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Prices for ABS (HI121H) IM fell today in the domestic market of Delhi

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Haldia Petrochemical Ltd has announced a revision in PP and PE prices.

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IOCL has announced a revision in PP and PE prices.

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Supreme Petrochem has announced a revision it its domestic PS prices.

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A steep hike in PVC paste grade prices has been announced by Chemplast.

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Chemplast has sharply raised PVC resin suspension grade prices.

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