Petrochem sources reported a significant fall in tetrachloroethylene prices in the Mumbai chemical market.

A fall in IPA prices in the imported market of Ahmedabad was noted on July 21, 2022.

A sharp fall in electrolytic copper rod prices in the imported market of Ahmedabad was recorded today.

On July 21, 2022, the Delhi market witnessed a rise in silica sand prices.

Petrochem sources reported a significant fall in MX prices in the Kandla chemical market.

Petrochem sources on July 21, 2022 reported a fall in sodium oxide prices in Mumbai.

Sodium molybdate prices in the Delhi market have fallen sharply.

A sharp cut in recycled PP injection molding prices was announced in Delhi today.

MEK prices were assessed lower in the Kandla market today.

SBS grade 1475 prices registered a rise in the domestic market of Delhi.

Absolute ethyl alcohol prices moved higher today in the Mumbai chemical market.

BIIR grade 2222 prices have moved higher today in Ahmedabad.

8What happens when Russian gas supplies to Europe impacts India both directly and indirectly
8Is Russia blackmailing the west by saying there has been a compressor failure on the pipeline or there is more to it than meets the eye
8An answer to that question can either ease or exacerbate the problem for India

Styrene Monomer prices in the Hazira market were assessed lower today.

8The urea import tender of IPL showed a shockingly low price
8So low that India may not be able to get what it wants at that price 

MMA prices are demonstrating a robust increase in the Kandla chemical market.

Tetrasodium pyrophosphate prices in the Delhi market have fallen sharply.

Here is a prominent ONGC contractor, with several jobs in hand, but under severe financial pressure
8Deadlines are being missed, vendors are not getting paid
8It is not just this contractor, but there is pain across-the-board, it seems, for vendors who took orders earlier, when the commodity super cycle had not begun
And nothing can be done

8There has been some development on the OIL India CMD appointment front

Megha Engineering & Infrastructure Ltd has not put in a competitive bid for a project outside of India
8And there is another Indian company in the race

8Project Name: Navsari District City Gas Distribution
8Project Cost: Rs 350 crore
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Here are some updates that will be of interest to our readers on
8Bathinda-Sangrur pipeline: Rs 355 crore
8Expansion of Rewari Terminal (IOCL): Rs 100 crore
8Expansion of PLL LNG Dahej Terminal: From 20 to 25 MMTPA

DOP prices were quoted lower in the Mumbai chemical market today.

For fertilizer plants, for promoters to get to the right bidder is never an easy job. There are always contractors willing to bid, but find the right company for the job at an acceptable price is always a challenge
Ammonia-Urea Brownfield Project
8Cost: 6000  crore
8A tender has re-released because for one of the packages, the L-1 bidder, in this case, Linde's price was found to be too high
NPK Plant Greenfield Project
8Cost:915 Cr.
8Project Event: The bid due date for the LSTK contractor has been extended from 22 July 2022 to 10 August 2022 due to a lack of a suitable bidder

Low phenol was reported today at Kandla.