News & Bulletin Updates

8Melamine is steady compared with the past fortnight, with no net change recorded in recent sessions.

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8Trimethylolpropane is unchanged on a weekly comparison, holding close to where it stood seven days ago

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8Formic Acid prices were flat again this week, continuing a prolonged period of limited movement. Compared with the same time last year, current levels remain lower.

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8TOTM showed no movement this week, extending the flat trend seen through much of the past fortnight

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8DOA rose again this week, marking a third consecutive weekly increase

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8TEG showed little movement this week and remains close to early-month levels

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8R22 prices were steady this week after slipping earlier in the month

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8Polyurethane resin for sole applications added value this week after being flat earlier in the month

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8PTMEG prices were unchanged this week after rising earlier in the month

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8Polymeric MDI has been largely steady this week, showing little change compared with mid-month levels

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8SAP moved up over the past week, adding to gains seen earlier this month

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8N-Propyl Acetate is lower on a fortnight view after giving back earlier gains

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8ECH is unchanged this week and steady over the past fortnight

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8Dry Pulp gained this week and is higher than a month ago

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8Methylpropanediol slipped this week after declining over the past month

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8MMA has been flat this week after modest month-on-month movement

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8MEG is steady compared with last week and little changed over the past month

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8n-Butanol was steady this fortnight after slipping earlier in the month. 

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8Mixed Xylene Isomer has stayed flat compared with three months ago

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8Mixed Xylene was unchanged this week after holding firm through the past fortnight

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8Explore the latest bulk chemical prices from the Mumbai market, updated for today
8Stay informed with comprehensive insights into key commodities and trends

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8Get exclusive access to today's complete price matrix from the Mumbai chemical market
8Stay ahead with the latest rates and trends across key commodities and chemicals

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8Here's what's happening today in the E&P and midstream-downstream section

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1) PFCCU block amendment blurs mechanical design responsibility while adding new PFCCU naphtha reporting
8The tender just rewired the most sensitive line in technology packages: who owns the “residual” mechanical design of reactor/regenerator internals. A seemingly small deletion and a new naphtha test requirement together reshape how licensors will price risk and defend guarantees. The next bidder responses will reveal whether this is a clean simplification—or a deliberate shift in accountability.
 
2) BQC authenticity undertaking for 600 KTPA VCM licensor selection
8BPCL’s Ramayapatnam VCM licensor tender is not changing scope or price levers in its latest amendment, but it is raising the legal temperature on bidder qualification evidence. The revised undertaking makes authenticity a signed liability and gives the owner a cleaner trigger point if reference documents don’t survive verification. For licensors with complex global references, the real contest may shift from technology pitch to documentation survivability.

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8Sale of crude oil from Ravva and ONGC block [ONGC]
8Extension of closing date for submission of comments on draft Petroleum and Natural Gas Regulatory Board Data Bank and Information System Regulations, 2025 [PNGRB]
8Individual consultant full stack developer Level I on contract basis [PNGRB]
8Gas Connect January 2026 [IGX]
8GE Shipping takes delivery of 2015-built very large gas carrier “Jag Vijay” [GES]
8Financial results for the quarter and nine months ended December 31, 2025 [RIL]
8Reliance Industries releases analyst meet audio on Q3 and nine-month FY26 results [RIL]
8Reliance Industries discloses security cover certificate for debentures as on December 31, 2025 [RIL]
8Financial results presentation for Q3 FY26 [RIL]
8Reliance Industries posts strong Q3 FY26 results with EBITDA up 6.1% and PAT at Rs. 22,290 crore [RIL]
8Welspun Corp to acquire 2.57% stake in Welspun Mauritius for USD 5.96 million [Welspun]
8EIL to expand Africa’s biggest Dangote refinery [EIL]
8Adani Ports’ statutory auditor MSKA converts into LLP, continues audit tenure [Adani Ports]
8SEAMEC Paladin sails to Dubai for statutory drydocking, to resume ONGC charter post-completion [SEAMEC]
8SEAMEC Agastya returns on hire from January 16 after technical redressal [SEAMEC]
8Appointment of directors on the board of the company [Petronet]
8Chennai Petroleum board to consider Q3 audited financial results on January 24 [CPCL]
8BPCL board to consider Q3 results, nine-month results, and second interim dividend on January 23 [BPCL]
8IndianOil board to consider Q3 FY26 results on February 5; trading window closed [IOCL]
8L&T wins large order for hydrocarbon onshore business [L&T]

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