8Sustainability report: Deepak does a good job
8Aug 20:DAP supplies can get tight: Why is this segment of the industry happy?
8Current news on the latest developments in fertilizer, energy, weather, agriculture [FAI]
8Buyback of Equity shares of Dhanuka Agritech Limited through Tender offer [DAL]
8Letter of Offer pertaining to Buyback of equity shares by Dhanuka Agritech Limited [DAL]
8Updates on Acquisition [PIIL]
8Allotment of Non-Convertible Debentures (NCDs) on Private Placement basis [TCL]
8Financial result for quarter ended - June 2024 [GNFC]
8Business Responsibility and Sustainability Report for the financial year 2023-24 [KCFL]
8Annual Report 2023-2024 [KCFL]

8RBM Infracon Appoints Sanjay Kumar Singh as New President of Oil & Gas Division [RBM]
8Letter of offer for buyback of equity shares of the company [Savita]
8Signing of an MoU with LTL Holdings Limited (LTL) of Sri Lanka [Petronet]
8Clarification on news item appearing in Media/Publication [BPCL]
81ndian Oil Corp, HPCL and BPCL consortium in talks with Equinor to secure LPG contract [HPCL]  
8Selection for the post of Director (Planning & Business Development), Indian Oil Corporation Limited [PESB]
8Earnings Call Q1 FY 2024-25 - Transcript [HOEC]

8Project Name: Hyderabad District City Gas Distribution
8Project Cost: Rs 300 crore Click here for more details

8Project Name: Ranchi District City Gas Distribution
8Project Cost: Rs 350 crore Click here for more details

Does anyone want to sell E&P assets in India?
8Especially small and marginal fields or even mid-sized fields?
8Here is a buyer

This company plans to build a Rs 750 crore war chest to get into the E&P services industry
8Competitors will have to take note

RIL refineries found wanting in environmental controls
8Tug of war on

8Find today's key updates in E&P, Mid-Downstream, and CGD sector

Oil India Ltd is taking a moon shot at a novel manner in which to sequester CO2
8And all technical questions remained unanswered
But it gets full marks for trying

Global green energy models are sought to be supplanted in India by state governments, it seems
8And action plans are being worked out accordingly.
8Here is a clear action plan done up succinctly by one state
8But the question that needs an urgent answer is that green ammonia costs in India are between USD 900 to USD 1,250 per tonne. In contrast, the price of imported grey ammonia is around USD 400 per tonne.
8Even with heavy subsidies, the gap will be difficult to bridge for now
8But clearly, a lot of hype is being created with creative documentation by some of the states

The 2G ethanol revolution is stymied by the inability to garner adequate feedstock for now
8The technology challenges have not been resolved as yet either
8But more than everything else, how to deal with feedstock supply seems to be coming in the way

What is happening with RIL's petrochemical expansion?
8Work is on, orders have been placed

8The price of Normal Propyl Acetate (NPAC) imported tankerload, a solvent widely used in coatings, inks, and adhesives, has experienced a slight decrease at Kandla Port TODAY. This price change reflects the current adjustments in market conditions and supply chain dynamics.
On August 21, 2024, the cost of NPAC imported tankerload at Kandla Port decreased by Re.1/kg, bringing the price down from Rs.96/kg to Rs.95/kg. Although the reduction is modest, it may offer some cost relief to manufacturers and traders who rely on NPAC for their production processes, potentially affecting their overall cost structure.

8The price of  Methyl Methacrylate (MMA) imported tankerload, a key chemical used in the production of acrylic plastics, coatings, and adhesives, has decreased at Kandla Port. This recent price drop is reflective of shifting market dynamics and supply conditions affecting the global chemical industry.
On August 21, 2021, the cost of MMA via imported tankerload at Kandla port has fallen by Rs.2/kg, reducing the price from Rs.200/kg to Rs.198/kg. This significant decrease could provide some cost savings for manufacturers and traders who depend on MMA for their production needs, potentially influencing their pricing and procurement strategies.

8After a prolonged period of stability, the price of oleic acid 75%, produced by Adani Wilmar, has seen a decrease in the Delhi market. On August 21, 2024, the rate of the commodity declined by Re.1/kg, moving down from Rs.138/kg to Rs.137/kg. This change marks a significant adjustment following the steady pricing trend observed over the past few days.
Oleic acid 75% is an essential product used across various industries, including cosmetics, food processing, and manufacturing. Adani Wilmar, a major supplier of this chemical, has maintained consistent quality, making it a preferred choice in the market. The recent price decrease to Rs. 137/kg could impact businesses that rely on this ingredient, potentially affecting their cost structures.

8In Delhi, PBR manufactured by Reliance Rubber Industries Limited, was quoted higher today. Over the past month, prices have varied significantly, with a recent uptick observed on August 21, 2024, in the Delhi market, where the price increased by Rs. 2/kg, from Rs.185/kg to Rs.187/kg.
The price changes are largely driven by the high demand for PBR 01, which is primarily used in tyre production, accounting for about 70% of its usage. The global demand for high-quality tires, especially in the expanding automotive sector of emerging markets, has contributed to the increased demand for PBR rubber. The Asia-Pacific region, with its strong automotive and industrial sectors, plays a crucial role in driving this demand.

8The Mumbai chemical market has witnessed a significant increase in the price of Dioctyl adipate (DOA), highlighting the market's responsiveness to changing supply and demand conditions. As of August 21, 2024, the price of DOA has risen to Rs.169 per kg, an increase of Rs.2 per kg from the last rate of Rs. 167 per kg recorded on August 17, 2024..
This price adjustment reflects the dynamic nature of the DOA market, influenced by factors such as raw material availability, production cost fluctuations, and shifts in industrial demand.

8Monoethylene Glycol (MEG), a vital chemical used in the production of polyester fibers, antifreeze, and PET plastics, has seen a slight decrease at Mumbai port today.
On August 21, 2024, the cost of MEG via imported tankerload at Mumbai port dropped by Re.0.75/kg, bringing the price down from Rs.53.50/kg to Rs.52.75/kg. While the decrease is modest, it may offer some cost advantages to manufacturers and traders who rely on MEG, potentially influencing their production expenses.

8The Delhi polymer market today witnessed a notable shift in the prices of styrene-acrylonitrile copolymer (SAN), grade 80 HF ICE LLHK. According to an update from Indian Petrochem analysts, prices have increased by Rs 4/kg on August 21, 2024 from Rs 149/kg quoted on August 20, 2024.

8In the Mumbai market, Polytetramethylene Ether Glycol (PTMEG) prices have witnessed a decline recently. Prices of this essential commodity have dropped by Rs 2/kg from Rs 392/kg on August 14, 2024 to Rs 390/kg today. This decline has come after a few days of price stability and is mainly due to lower demand from key sectors such as spandex fibre manufacturing, elastomers and other applications.

Its impact on the industry is significant, as PTMEG is a key raw material in the production of spandex fibres, polyurethane elastomers and various other high-performance materials. The price drop is likely to impact the cost structure of companies dependent on PTMEG, potentially reducing production costs.

8The Mumbai market has seen a significant drop in the price of palm wax 3F, which is impacting various industries that rely on this crucial raw material. The price has decreased by Rs 3/kg, from Rs 105/kg on August 14, 2024, to Rs 102/kg as of today. This sudden drop in prices is a cause for concern among manufacturers of candles, cosmetics, and other products that use palm wax as a key ingredient.
Several factors are contributing to this price decline. Disruptions in palm oil production, along with delays in transportation, have reduced the availability of palm wax, leading to increased competition and, consequently, a drop in prices. Additionally, rising fuel costs have exacerbated the situation.
Local manufacturers are facing a crisis as they struggle to manage the price drop without passing on additional costs to consumers. However, predicting future price fluctuations remains challenging due to the volatile market conditions. Industry experts are hopeful that with strategic interventions and improved supply chain management, prices might stabilise in the coming months.

8The Trimethylolpropane (TMP) market in Mumbai has seen a significant drop in its prices, disrupting the recent trend of stability. This decline is primarily attributed to the reduced cost of raw materials essential for TMP production.
The price of imported Trimethylolpropane has decreased by Rs 4 per kg, from Rs 137/kg quoted on August 14, 2024, to Rs 133/kg as of today. TMP is a crucial component in numerous industries, serving as a white coating substance and is widely used in surface treatment for polyesters, paints, coatings, elastomers, and synthetic lubricants. Furthermore, TMP plays a vital role in the production of resins, plastics, locks, and motors.
The abrupt drop in prices has sparked concerns regarding the stability of the TMP market in the coming days, with many anticipating further declines in Mumbai. Since India imports TMP mainly from China, global supply chain dynamics are a significant factor influencing these price changes.

8Recent updates from Indian Petrochem analysts indicate a rise in the prices of imported intact supplies of hexaconazole in the Mumbai market. As of August 21, 2024, the price of hexaconazole has increased from Rs.908/Kg to Rs.910/Kg a rise of Rs 2/kg ffom the last assessed price reflecting changing market dynamics and various influencing factors.
Hexaconazole is a broad-spectrum fungicide widely used in agriculture to protect crops from fungal diseases. It is particularly effective in managing diseases in cereals, fruits, vegetables, and other crops.

8The Hazira market has experienced a significant surge in Isobutanol prices. This increase is driven by a combination of tight supply conditions and rising demand from downstream industries, particularly in the production of chemicals and solvents.
On August 21, 2024,  prices in imported tanker load at Hazira were quoted higher from Rs.92/Kg to Rs.95/Kg a hike of Rs.3/kg.

8The Ahmedabad market has experienced a notable fluctuation in Polyacrylamide (PAM) prices, according to reports from Indian Perochem analysts. As of August 21, 2024, the price of the commodity has decreased from Rs.160/kg to Rs.157/kg, reflecting a Rs. 3/kg reduction due to changing market dynamics and various influencing factors