News & Bulletin Updates

8India will seek carbon emissions data linked to each cargo of liquefied natural gas, its oil minister said on Thursday, mirroring a growing trend among top Asian buyers of the cleaner fuel ahead of global climate talks from Sunday.

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8The Centre on Wednesday said it plans to allow retail sale of small LPG cylinders as well as offer financial services through fair price shops as part of its measures to enhance the financial viability of these outlets.

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Oct 29, 2021: Daily import matrices

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

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8We have added another 60 new chemicals
8Find here our fresh coverage of new chemicals

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8We have started providing prices for recycled plastics
8Prices are given for Mumbai, Delhi and Ahmedabad, and as we go along, we will significantly expand our coverage

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8We are providing fresh coverage of about 50 grades of rubber chemicals
8Markets covered are Delhi, Mumbai and Ahmedabad

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8Daily film price matrix shows a lot of changes in prices
8We are providing around 30 different grades of plastic films, segregated into BOPET, BOPA, CPP, BOPP and PE
8Know where the prices have changed

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8Get a complete roundup of fibre price movement for the day
8Prices are given for DTY, FDY, POY, Polyester chips, PET, polyester industrial yarn, PA-6, nylon yarn (POY, DTY, FDY), nylon tyre cord, spandex, pure polyester yarn, spun rayon, reactive dyes, disperse dyes, viscose filament, polypropylene

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8The website carries here a weekly outlook on C10 solvent prices
8Find out what our analysts are saying about how prices will behave till next week

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Cyclohexanone prices registered a sharp fall in the imported market of Chennai. 

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On October 29, 2021 Naphtha prices were registered to drift down in Japan and Europe owing to sluggish demand trends in the region.

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The international crude oil price of Indian Basket was quoted at around $82.28 per barrel on October 29, 2021.

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Low VAM prices were reported today at Hazira. 

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A revision in hexane has been announced at Kandla.

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On October 29, 2021, Petrochem sources confirmed that 2EHA prices had risen in the Kandla market.

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8Recent hurricane disruptions and supply chain challenges led September's chemical production to come down across the US, and sharply in the Gulf Coast, according to data released today by the American Chemistry Council

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8Indorama Ventures Public Company Limited (IVL) has launched its 10th annual Sustainability Report and a video celebrating a decade of ambitious PET recycling and carbon reduction milestones. Indorama has come out with a sustainability report

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8Leading Indian Global EPC and turnkey project management company, Nuberg EPC, has announced winning two sulfuric acid plant projects in Gamasa City, Egypt and Oromia, Ethiopia

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8Petrofac wins EPC contract

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8LanzaTech and Spray Engineering Devices to set up a bagasse-to-alcohol project

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8Are you wanting to do business with Tanzania?
8Find out how you can get all the helpful contacts

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8The PNGRB is, as the court has observed, nothing but a paper tiger at the moment
8But that is going to change soon

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The petroleum ministry is upset with the intensive manipulation of the domestic gas market by some players.
8"Do you want me to go to jail," a top official had reportedly shouted at a meeting of gas companies recently
8Clearly, the ministry feels cornered, and the errant companies have been identified, and they have asked to submit a comprehensive report on their supposed "malpractices"

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This year last time was a bad year for the economy
8Even so, LNG imports in September this year were lower by around 10% from what it was in September last year. High cost has inhibited LNG imports
8As for allocation of scarce subsidized (in relation to international price or the landed price of LNG) domestic gas, it is clearly is a Hobson's choice for the government when it comes to allocating cheaper domestic gas: should it go to the fertilizer sector or to the CGD or PNG segment or the power sector? This government has decided to give priority to the CGD sector
8In the process, the LNG content in urea production has gone up, and since gas price is a pure pass-through under the fertilizer retention policy, high cost LNG consumption by urea units is being funded entirely by the central exchequer
8As for power, gas-based power has been unviable for a long time, and it is unlikely that this dynamic will change anytime soon
Know more for a disaggregated picture 

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The Haldia-Barauni product pipeline is under active contracting as of now
8There are quite a few RFQs ahead
Get the latest status on who has won what so far in this project

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