News & Bulletin Updates

What are the exact volumes of gas production from ONGC's KG-DWN-98/2 block?
8In the next three years
8And what kind of prices are they expected to get?
8Here is an estimate

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8Is oil going to be at $100
8Is a new super cycle beginning?

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8There is a clarification that has come in on our earlier story, "Matix ammonia-urea plant: GAIL will not supply the full volume of gas"
8And it is an interesting insight

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8A fertilizer emission control tool has been launched
8And it will compare emissions from fertilizer plants
8Eventually, these tools will find their way into India

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8JKM prices have come down from the highs of $30/mmbtu and above
8But they are still quite high

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8For once, the fertilizer industry seems to have all praise for the government
8And no pain points have been mentioned

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Ammonia Storage Tank Greenfield Project   
8Cost - Rs 200 crore
8Someone won the race for it
Find out more

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8Get bulk prices of chemicals of Mumbai, all of it here for the day

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8Price updates of Mumbai chemical market as of today

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Shortage of supply accompanied by a growing demand has led to an increase in BAM prices in the Kandla and Mumbai market.

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Toluene prices have picked up in Mumbai on the back of strong regional demand trends.

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Methanol prices have picked up today on the back of shortage of supply accompanied by a growing demand in Ahmedabad.

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On February 17, 2021, Petrochem sources confirmed that SM prices have slipped in the Kandla market.

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Sulphur  prices have increased continuously this week indicating a shortage of supply with a growing demand in the Delhi market.

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On February 16, 2021, caustic soda lye prices increased in the Mumbai market.

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A petrochemical project is coming up with the following ingredients:
8Poly vinyl Chloride (PVC) Plant
8Polymer modified bitumen (PMB) Plant,
8Gas Storage Terminal
8LPG Bottling Plant
8Gas Based Captive Power Plant
8Sea Water Desalination Plant

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Process Air Compressor Greenfield Project   
8Cost - Rs 347 crore
RFQ to be re-released
Phosphoric acid Expansion Project   
8Cost - Rs 130 crore
Construction start-up in May

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8Gas has been fully charged by the GAIL pipeline right up to the Matix ammonia-urea plant at Panagarh near Durgapur, West Bengal.
8So when is the plant going to start producing urea?

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Our analysts have reported buying trends in the Mumbai polymer market as on February 16th 2021.

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Here is a brief price trend analysis of the Delhi Polymer market as of 16th Frbruary 2021

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Here is a brief overview of the Ahmedabad petrochem market as of February 16th 2021.

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Methanol prices have picked up in Mumbai on the back of strong regional demand trends.

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The demand for Acrylic was reported to be moderate and prices have been  steady for the last week in the Indian market.

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Our analysts after taking into account the market scenario have given price predictions  of polymers in the Indian domestic market.

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The international crude oil price of Indian Basket was quoted at $62.88 per barrel on Feb 16, 2021.

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