News & Bulletin Updates

Ammonia/Nitric Acid/SOP Greenfield Project
8Cost: 200 Crore
8Project Event: The proposal for the term of reference has been granted, and the final EIA report preparation is still ongoing, the proposal for the environmental clearance is likely to be submitted in Q1 FY 2022-2023. RFQ for the local contractor is likely to be released in Q1 FY 2022-2023.
Nano Urea Greenfield Project
8Cost:  190 Crore
8Project Event: The proposal for the term of reference has been granted. The find EIA studies are still ongoing, RFQ for the equipment and services is likely to be released in Q1 FY 2022-2023

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8The crude oil market heads into another week of uncertainty, buffeted on one side by the ongoing war between Russia and Ukraine and the expansion of COVID-related lockdowns in China, the world's largest crude importer.

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The largest spot tender for gas concluded this week
8And the prices availed were a surprise

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There are some strange goings-on in the PNRB of late
8For one,a petitioner has withdrawn a few crucial applications, raising eyebrows
8Then again a key functionary is still to be appointed thereby causing a lot of speculation

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India’s new climate goals will significantly compromise its target of a USD 5 trillion economy by 2024-25
8India will need to invest $200 billion p.a. of funding over the next two decades in order to become net-zero by 2070
8Mandatory disclosures are now lilely
8Get a comprehensive look at where India is and where it need to go from here on

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There has always been talk of ONGC making losses on current gas prices which are government mandated
8But what exactly is the cost of gas produced by ONGC?
8And the cost of oil?

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What is the per mmbtu cost of imported gas from 2106 till now?
8Has the price gone up dramatically now than before?
The answers are quite interesting

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Some retired bureaucrats never fall out of favour
8Here is one who has got appointed as member PESB, even though he quit mid-way through a tenure
8He still has powerful connections, and clearly he will there for a purpose

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Mar 29, 2022: Daily import matrices

Get the daily updates for
8Chemicals
8
Crude

8LNG
8Weekly Fertilizers
8LPG
8Ammonia

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Tight supply coupled with high demand has raised VAM prices in the Kolkata market. 

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C9 Solvent prices witnessed a huge fall in the Mumbai market.

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On March 29, 2022, styrene monomer prices increased in the Ahmedabad market.

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On March 29, 2022, the Mumbai market witnessed a rise in VAM prices.

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NBA prices registered a fall in the imported market of Kandla. 

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Petrochem sources have reported a huge fall in C9 Solvent prices in the Ahmedabad market.

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Ethyl acetate prices were assessed lower in the Ahmedabad market. 

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Palm wax prices witnessed a huge fall in the Mumbai market today.

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Petrochem sources have reported a hike in diisononyl phthalate prices in the Ahmedabad chemical market.

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Trichloroethylene prices are recovering in the imported market of Mumbai.

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Liquid chlorine prices moved higher today in the Mumbai chemical market. 

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Tetrachloroethylene prices witnessed a huge fall in the Mumbai market.

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On March 29, 2022, the Mumbai market witnessed a rise in isobutylene prices.

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On March 29, 2022, Petrochem sources reported a fall in caprolactam prices in Mumbai.

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Petrochem sources reported a revision in isophthalic acid prices in Mumbai today.

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On March 29, 2022, Petrochem sources reported a fall in Polymeric MDI prices at Mumbai.

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