News & Bulletin Updates

8It looks like the Adani coal-to-PVC project suffered a slight setback
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Chinese oil supergiants are preparing for a green transition.
8Are there are lessons here for their Indian counterparts?

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8JKM is at a record high of $34.47/MMBtu
8This has repercussions down the line
8Also, how long will gas prices remain elevated?

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Domestic natural gas prices have increased to US$2.90 / mmbtu from US$1.79 / mmbtu for the period October 2021 to March 2022.
8There is the worry that CGD companies may take a hit
8But is it justified?
8Also, get the domestic price increase information here, both onland and deepwater
8As well as sector-wise gas consumption data
8Is fuel switching causing LPG prices to shoot higher?

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8A government nominee has been appointed for PDIL

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Granular Single Super Phosphate Greenfield Project
8Cost - Rs 148 crore
8Project Event: The project is still in the initial phase, the proposal for environmental clearance is likely to be elicited at the end of October 2021, due to a delay in the review. RFQ for the EPC contractor is likely to be released in November 2021.
Ammonia Urea Annual Shutdown Maintenance Project
8Cost - Rs 26 crore
8Project Event: Tender for a registered Maintenance Contract is likely to be released in December 2021

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8The government has raised the price of domestically produced gas by 62 percent.
8And fertilizer stocks feel the pressure

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8The city-based Mangalore Refinery and Petrochemicals Limited (MRPL) has entered into an agreement with PEP Fuels, a start-up company promoted by ONGC, for door-to-door delivery (DDD) of diesel.

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8The government may have raised the price of domestic natural gas price by 62 per cent from the existing $1.79 per million British thermal units (mmbtu) to $2.9 per mmbtu but gas production will remain a loss-making proposition for most fields and there will be limited benefit for producing companies, according to ratings agency ICRA.

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8The government on Thursday hiked the price of natural gas, that is used to produce electricity, make fertilisers and turned into CNG to use as fuel in automobiles and cooking gas for household kitchens.

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8The revision in natural gas prices from $1.79 per million British thermal unit (mBtu) to $3.15 per mBtu may lead to city gas distribution companies hiking prices by 10% and passing on the burden to customers, according to analysts.

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8Oil prices dropped on Friday on the prospect that the OPEC+ supplier alliance might step up a planned increase in output to ease supply concerns, with soaring gas prices spurring power producers to switch from gas to oil.

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8While India has targeted to produce Hydrogen from natural resources to ensure energy security, Indian researchers from the Science and Technology Ministry (DST) have designed a process that could produce hydrogen from agricultural waste.

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8The website carries here our weekly outlook for C10 solvent
8Find out how prices are going to behave ahead

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8A detailed coverage of petrochemical prices are carried here
8Here is our multi-grade, multi-city price list for petrochemicals

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8Get a complete roundup of chemical price movement today, across all products and all markets
8Find out which prices have changed

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A fall in styrene monomer prices in the imported market of Delhi was noted on October 1, 2021.

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On October 1, 2021, methanol prices increased in the Delhi market. 

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DBP prices registered a fall in the imported market of Kolkata. 

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Acrylonitrile prices have increased today in the Kandla market.

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A drop in ethylene dichloride prices was noticed today at Pipavav. 

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On October 01, 2021 Naphtha prices moved up in Japan and Europe on account of positive buying trends in their respective countries.

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The international crude oil price of the Indian Basket was quoted at around $76.71 per barrel on October 01, 2021.

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A drop in octanol prices was recorded today at Hazira.

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NBA prices were assessed lower in the Kandla market.

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