News & Bulletin Updates

DEG prices are demonstrating a robust increase in the Hazira chemical market.

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Petrochem sources reported a rise in benzene prices at Vizag today.

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Titanium wire prices have shot up in the metal market of Mumbai.

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Yellow phosphorus prices have risen in the domestic market of Mumbai.

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EPDM grade 3072 prices registered a fall in the Ahmedabad market.

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On June 30, 2022, the Delhi market witnessed a rise in NPG prices.

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MDI Mr200 prices have escalated in the domestic market of Mumbai.

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Petrochem sources reported a significant fall in secondary lead prices in the Delhi market.

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Petrochem sources reported a significant fall in zinc oxide prices in the Mumbai market.

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A gain in SBS grade 1475 prices was noted today in the domestic market of Mumbai.

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Styrene monomer prices were quoted significantly lower in the Chennai chemical market today.

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Thiamethoxam 98% prices have gone down in the Mumbai market.

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On June 30, 2022, Petrochem sources reported a fall in BGE prices in the Kandla market.

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India Gas Solutions Ltd is a 50: 50 JV between RIL and BP.
8It had been courting some controversy when accusation surfaced that it was buying gas cheap from RIL's KG Basin block and selling it high
8Find out all about the company, and the gas it has been sourcing

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8The government on Wednesday allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuel, such as petrol and diesel, as it deregulated one of the last few avenues that were still under its control.

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8Shell, a UK-based oil and gas firm, on Wednesday said it has launched a used oil management service to organise India’s waste oil disposal system and to increase the rate of re-refining, as it aims to achieve circular economy goals while reducing waste.

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8Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and prices jump just saw a fresh quirk: India, typically Asia’s leading gasoline and diesel exporter, has been forced to step up imports of the fuels

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8Russian DAP imports flood Indian markets

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All kinds of deals are taking place with Russia
8Here is a buyer who bought a big cargo out of Russia and paying in Chinese Yuan

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On June 30, 2022, Petrochem sources confirmed that aniline prices had slipped in the Kolkata market.

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VAM prices in the Ahmedabad market registered a fall today.

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8With the increase in GST rate from 5% to 12% on renewable energy equipment, the new effective rate of GST on wind and solar energy services comes to around 13.8%
8This coupled with rising cost of domestic solar PV panels could delay the pace of energy transition in India
8India should explore reversing this increase in GST rate for providing partial relief from rising solar panel prices to the consumers
8Find out more

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8The Agreement will help India’s energy transition efforts and will also help the world in combating climate change
8Know the features of the Agreement

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8Leaders from the G7 have finished their three-day meeting in a spa resort in the Bavarian Alps with a commitment to the Paris Climate Agreement, even as they agreed for close collaboration with developing countries to boost clean energy and resilience through new initiatives, comprising its commitment for Just Energy Transition Partnership with India.

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8Hydrogen demand in India is expected to increase fourfold by 2050 and the steel industry and heavy-duty transportation will drive 52% of it, according to a NITI Aayog and Rocky Mountain Institute (RMI) report.

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