News & Bulletin Updates

India has asked state refiners to speed up the diversification of oil imports to gradually cut their dependence on the Middle East after OPEC+ decided last week to largely continue production cuts in April, two sources said.

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Oil ticked higher on Wednesday, after falling for two straight sessions, with investors looking ahead to U.S. inventories data due later in the day for pointers on where prices will head next.

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8Qatar, the largest supplier of long term LNG to India, is aligning now with China, Pakistan and Bangladesh for more deals, the sum of which are much bigger than what it has at stake in India
8Should India worry?

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8When is GAIL going to be split up into its marketing and transmission arms?
8Not so soon, it seems
8But there is another way out

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8Japan looking at 3 MMTPA ammonia fuel use
8Is this something fertilizer companies may want to look at or it is a different ball game altogether?

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Water Soluble Fertilizer Greenfield Project  
8Cost - Rs 200 crore
Find out who are in the race for this consultancy
NPK-TSP-GSSP Greenfield Project 
8Cost - Rs 100 crore
8Project Event: The project activities have been active, EIA studies are ongoing, the proposal for the environmental clearance has been submitted in Feb 2021. RFQ for the PMC contractor is likely to be released in April 2021

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Petrochem analysts have reported price changes in HDPE and LLDPE in the Bengaluru polymer market as of March 10, 2021.

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On March 10, 2021 moderate buying activities were reported by our PetroChem analysts in the open markets of Hyderabad.

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Price changes in HDPE and LLDPE in the Jaipur polymer market as of March 10, 2021 have been reported by our Petrochem analysts.

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On March 10, 2021, toluene prices went down in the domestic market.

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Caustic Soda Flakes prices have increased today in the Mumbai market.

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On March 10, 2021, n-Butanol prices drifted down on the back of weakening demand and shortage of supply in the polymer market ofChennai.

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Ethyl Acetate prices have been raised at EX-Satyam.

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A revision in IPA prices has been announced by Deepak Phenolics.

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On March 10, 2021, Petrochem sources confirmed that caustic soda flakes prices have slipped in the Delhi market.

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On March 10, 2021, phosphoric acid prices went down in the imported market.

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On March 10, 2021, cyclohexanone prices were assessed lower in the Mumbai market.

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On March 10, 2021, VAM prices drifted down on the back of weakening demand and shortage of supply in the Kandla port.

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The Delhi polymer market witnessed a rise in Hexane prices.

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MTO prices, on March 10, 2021, increased in the Delhi market.

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A fluctuation in butyl cellosolve prices has been noticed in the polymer market of Mumbai.

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MDC prices moved up in the Mumbai market today.

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On March 10, 2021, ammonia prices increased in the Delhi market.

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Mumbai and Kandla polymer markets witnessed a decrease in acetic acid prices today.

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Sulfuric acid prices inched up in Delhi today.

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