News & Bulletin Updates

On March 20, 2021, toluene prices drifted lower in the imported market of Delhi.

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8Get the full list here, of all petrochemical prices as of today

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8Get today's chemical price matrix for the entire country

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8Normal paraffin to land in Mundra tomorrow
8It is being sourced from Singapore

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8A toluene cargo is booked for arrival on March 22
8Find out the quantity

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8Three cargoes of methanol are being brought in by BK Sales
8One cargo to land in New Mangalore
8And the other two at Cochin

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8Seariver’s butyl acrylate cargo is berthing at Hazira tomorrow
8Payal Polypast is importing it

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8IIFCO is getting in 19099 tonnes of sulphuric acid
8Then there is another 19258 tonnes coming in
Find out where

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8A propylene cargo is being brought in by IOCL
8It is however a small 2000 tonne cargo coming in at Paradip

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8A shipment of cyclohexane has just landed in Hazira
8Brought in by Reliance

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8As of today, we are tracking 6.9 million tonnes of crude oil imported into the country

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Dabhol has one cargo coming on April 10, and before long when May comes when the seas get rough, these cargoes will stop
8And Dabhol's loss will be Hazira's gain. So really,  Hazira needs to work hard during the winters (of which it does a pretty bad job) and then during summers it can sit back and relax, just depend on GAIL to fill up the gap
8Already  Hazira is notching up additional cargoes, there are three lined up as of now

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Fuel prices in the country have remained steady for over a fortnight now as softening crude and upcoming elections in several states later this months has kept Oil companies from revising the retail prices.

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Oil prices fell on Friday, extending losses for a sixth day as a new wave of COVID-19 infections wash across Europe, spurring new lockdowns and dampening hopes for a recovery in demand for fuels anytime soon.

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India is facing a "challenge of high fossil fuel consumption", a senior official said on Thursday, stressing the need for adopting non-polluting electric vehicles to contribute to energy goals. Climate change is a growing challenge the world over and there is increasing momentum for the transition towards a low carbon economy, Vivek Kumar Dewangan, Additional Secretary, Ministry of Power said.

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The IRR on oil & gas projects over the past 5 to 10 years
8And in relation to IRR on renewal projects
8The data is a real eye-opener

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The advantage just now lies with CNG stations when it comes to settling up LNG dispensation stations
8The boil-off can be sent off to the CNG station
8And some established players are already taking the cue

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A gas requirement has come up for the short term
8Around 17 msmcmd of gas is needed

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8A host of deals are getting signed to make ammonia and for fertilizer use

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What exactly is the actual cost of the Barauni fertilizer plant
8Since it is coming up in an existing site, it was meant to cheaper but is it?

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Ammonia-Urea Energy Saving Project    
8Cost - Rs 250 crore
8Project Event: The feasibility studies are still ongoing, RFQ in April 2021
Natural Gas Firing System Greenfield Project       
8Cost - Rs 15 crore
8Project Event: RFQ for the Design Engineering Manufacturing Inspection Testing Packing Supply Erection Commissioning of NG Firing System with RLNG for Utility Boiler II has been out and the bid due date is 29 March 2021.

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8A new DAP tender is out

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On March 19, 2021, styrene monomer prices moved down in the imported market.

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The international crude oil price of Indian Basket was quoted at around $65.19 per barrel on March 19, 2021.

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On March 19, 2021, butyl cellosolve prices drifted down on the back of weakening demand and shortage of supply in the Kandla port.

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