News & Bulletin Updates

8China's top offshore oil and gas driller CNOOC Ltd said it would channel up to 10% of annual spending to green energy by 2025, and announced interim net profit more than tripled from last year as oil prices rebounded.

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8Oil prices fell for a sixth day, the longest losing streak since February 2020, as a spike in COVID-19 cases worldwide fuelled fears over slower fuel demand while a surprise build in U.S. gasoline inventories added to pressure.

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8Japan's biggest power generator JERA said on Friday it had sold its 14% stake in Indonesia's PT Paiton Energy, which operates coal power plants, to a unit of energy company PT Medco Daya Abadi Lestari for an undisclosed sum.

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8As part of “Azadi Ka Amrut Mahotsav”, the Ministry of Power organised an event to issue Energy Saving Certificates to best performing Industrial units. Alok Kumar, Secretary, Ministry of Power issued more than 57 lacs Energy Saving Certificates to 349 industrial units because they saved more energy than the targets.

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8The central government is considering a hike in fertilizer subsidiary again on the back of skyrocketing international prices.

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

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A fall in PTA prices in the domestic market of Mumbai was noted on August 23, 2021. 

 

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On August 23, 2021, Petrochem sources reported a fall in 2EHA prices in the Kandla port. 

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On August 23, 2021 Petrochem sources reported a fall in imported POM prices in the Mumbai polymer market

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On August 23, 2021 imported POM prices moved higher in the Ahmedabad polymer market

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Robust demand has lifted imported polyurethane prices in the Ahmedabad polymer market

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DOP prices were assessed lower in the Ahmedabad market.

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A fall in Polyamide 6 (E35) prices was noted today in the domestic market of Delhi

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Petrochem sources in Delhi have reported a rise in phenol prices.

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Polyamide 6 (M28RC) prices are slowly increasing in the Delhi market

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A significant fall in MIBK prices in the Delhi chemical market was reported by domestic Petrochem sources.

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Imported polyurethane prices in the Mumbai polymer market were quoted higher today

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Ahmedabad polymer market recorded a rise in imported polyamide 66 prices today.

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 Imported acrylic prices in the Mumbai polymer market have remained unchanged

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A fall in imported acrylic prices in the polymer market of Delhi was reported by Petrochem sources on august 23, 2021

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On August 23, 2021 the Delhi polymer market saw a rise in POM imported prices

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Prices for NPAC have been revised at Kandla.

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On August 23, 2021, Petrochem sources reported a fall in MEG prices in the Mumbai market.

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Market sources reported that caustic soda lye prices were reduced in Dahej today.

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C9 solvent prices have drifted down in the Mumbai market. 

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