News & Bulletin Updates

8Auto companies may soon be asked to manufacture passenger and commercial vehicles that run on multiple fuel configuration aimed at reducing the use of polluting fossil fuels and cutting down harmful emissions

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8India has procured the first shipment of one million barrels of 'Liza light sweet' crude oil from Guyana, in a significant move marking diversification of its sourcing of petroleum products.

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8Crude oil prices rose Rs 15 to Rs 5,612 per barrel on Monday as participants widened their positions on a firm spot demand

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8India’s annual gas consumption is expected to increase by 25 billion cubic metres (bcm) in the 2020-2024 period which translates into a 9% annual average growth rate, the International Energy Agency (IEA) said in its latest report.

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8Find out how major Indian cooperatives came forward to heal the country during the worst-ever Covid-19 crisis

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8The project has been launched in August, 2019, and is expected to be completed in 2023
8The daily production capacity is estimated to be around 2,800 metric tonnes

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NPK-TSP-GSSP Greenfield Project 
8Cost - Rs 100 crore
8Project Event: Preliminary work has been activated, EIA studies are ongoing, the proposal for the environmental clearance has been granted in April 2021. and internal discussion is ongoing, RFO for the PMC contractor is likely to be released in September 2021
Sulphuric Acid Expansion Project
8Cost - Rs 100 crore
8Project Event: The company had signed Furnace Fabrica as an EPC contractor, all equipment has reached the site. 99.4 % of construction work has been completed. The pre-commissioning is ongoing, commissioning is likely to be completed in August 2021, due to the impact of the second wave of Covid-19

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8Currently, we are tracking 5.14 million tonnes of crude cargo
8Mumbai seems to have all its three berths empty while vessels are in wait

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As far as LNG imports are concerned, even now only two terminals are active
8Though Torrent is bringing in a cargo, high priced,, we are sure, but given that it has its own distribution system, it could run its gas-based power plants and still make money. Others will not be able to do so under India's merit order power purchase system
8GAIL is bringing a cargo at Hazira

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8India's dependency on fertilizer imports is high
8As of the moment we are importing sulphur, rock phosphate, MOP, urea among others

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Around 78 lakh tonnes of chemical imports are lined up
8This is as much as 22% less than the normal 1 MMTPA of imports lined up on an average day
8As of today evening data a whole lot of less chemicals are coming into the country

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8Himadri Spciality's CBFS cargo is due for arrival
8This cargo is coming from Yeosu

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8A joint chemical cargo is being brought in by two companies
8The cargo will be off-loaded at Vizag

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8A shipment of palm fatty acid is coming into India
8Find out the landing port

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8MCPI and Sai Sulphpnate is jointly importing paraxylene and LAB
8The cargo is expected tomorrow

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8Phosphoric acid and sulphuric acid is coming from Isabel
8Glencore is shipping it in

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8A huge paraffin cargo is getting imported
8OMPL is bringing it in

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8A cargo of caustic soda lye is expected at Tuticorin
8Find out the arrival date

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In Delhi, imported POM prices were quoted higher today

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

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On July 6, 2021 the Ahmedabad polymer market saw a rise in polyamide 6 (M28RC) prices

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On July 6, 2021, ABS (HI121H) IM prices registered a rise in the Delhi market

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Imported polyurethane prices have registered a fall in the Ahmedabad polymer market

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On July 6, 2021 the Ahmedabad polymer market saw a rise in polyamide 66 (imported) prices. The price rise indicates a robust regional demand

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PET (G5801) prices moved higher today in the Delhi polymer market

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