August 6, 2003 |
NEW DELHI: In restricted activity, prices of borex granular and stable bleaching powder drifted on the local chemical market today following reduced industrial offtake and closed with losses. Elsewhere, prices of other chemicals remained unaltered on lack of enquiries. The volume of business was restricted. Traders said reduced industrial offtake brought down borex granular and stable bleaching powder prices. Borex granular prices declined by Rs 25/50 against last close of Rs 1250-1500 to conclude at Rs 1225-1450 per 50 kg bags.
November 5, 2003 |
NEW DELHI: Select chemical Prices such as mercury, residue wax and caustic soda flake firmed up on the chemical market on Wednesday following increased industrial offtake against restricted arrivals and closed with moderate gains. Marketmen said revival of buying by consuming units and restricted arrivals mainly pushed up select chemical prices. Volume of business was restricted. Mercury (34.5kg) prices moved up by Rs 200 to settle at Rs 14,000 on improved industrial demand.
November 3, 2003 |
NEW DELHI: Menthol prices drifted on the local wholesale chemical market today following lower advices from UP mandis. On the other hand, thymol prices showed some strength on scattered industrial buying. Other chemical prices continued to move in a tight range in limited deals and closed on a flat note. Traders said lower advices from mandies in UP mainly brought down menthol prices, while scattered industrial buying pushed up thymol prices. Menthol bold crystal, menthol flake and menthol oil slipped to Rs 353, Rs 323 and Rs 270-280 against last close of Rs 356, Rs 326 and Rs 272-280 per kilo respectively.
December 12, 2007 |
NEW DELHI: Prices of wax varieties moved up in the local chemical market today on fresh offtake by consuming industries. Paraffin wax (china and India) traded higher at Rs 3,500 and Rs 3,350 from previous level of Rs 3,350 and Rs 3,250 a 50 kg pack on increased demand from candle makers. Residue was also marked higher by Rs 1,000 at Rs 30,000 following fresh demand from rubber manufacturers. However, prices moved in a tight range in scattered buying or selling, settled around previous levels.
November 14, 2003 |
NEW DELHI: There was not much activity in the local Chemical market today with prices after moving in a tight range closed at around previous levels. Arrivals and offtake too remained negligible and volume of business was small. Following were today's quotations: Ammonia bicarb (25 kg) 235-240, ammonium chloride (50 kg) 350-690, acetic acid (1kg) 32, boric acid-technical (50 kg) 2100-2200, borex granular (50 kg) 1250-1450. Caustic soda flake (50 kg) (dcm) 890, caustic soda flake (modi)
January 28, 2013 |
NEW DELHI: Menthol prices rose by Rs 5 per kg in the national capital today on increased demand from pharmaceutical units, amid paucity of stocks. Menthol bold crystal, menthol flake and mentha oil prices rose by Rs 5 each to conclude at Rs 1,580, Rs 1,515 and Rs 1,475 per kg, respectively. Traders said increased demand from pharmaceutical units and other consuming industries against restricted arrivals from producing belts in Uttar Pradesh, mainly pushed up menthol prices in the wholesale chemical market here.
September 24, 2004 |
NEW DELHI: The government has brought down the Duty Entitlement Passbook Scheme rates by about 45 per cent for the textiles sector apart from realigning them for various plastics and chemicals items. While the textiles ministry was opposed to the 45 per cent cut and wanted a differential rate methodology to be adopted for various items, the commerce and finance ministries brushed aside their suggestions and notified the new rates in line with the decision taken last week at the meeting between the Prime Minister and the commerce and finance ministers.
August 22, 2003 |
NEW DELHI: Caustic soda (flake) varieties and stable bleaching powder prices went up in the local wholesale chemical market on Friday due to short supplies against increased demand from consuming units and ended fresh gains. The volume of business was remained thin. Traders said increased demand from consuming units mainly brought up caustic soda and stable bleaching powder prices. Caustic soda flake (DCM, Modi,Gwalior and Gujarat) prices were up by Rs 10 each to close at Rs 860 against previous mark of Rs 850 per 50 kg following increased demand from consuming units.
August 19, 2006 |
SILIGURI: An unprecedented drought-like situation and high temperature in the Darjeeling hils is posing a threat to the tea industry in north Bengal, which has already suffered a crop loss of Rs 100 crore, chief advisor to the Tea Research Association Pradeep Ghose said on Saturday. The crop loss might rise above Rs 200 crore if the dry spell continued till the month end, the secretary of the Dooars branch of India Tea Association, Prabir Bhattacharjee said. The industry is already short of its production target by 15 million kgs, which is 20 per cent of the average annual production, he said.
September 29, 2012 |
NEW DELHI: Reliance Global Holdings will acquire BP Plc's Malaysian petrochemical plant for USD 230 million, the British energy firm said. BP said it has "agreed to sell all its interests in purified terephthalic acid (PTA) production in Malaysia to Reliance Global Holdings Pte Ltd, Singapore (an associate firm of Reliance Ports and Terminals Ltd)". Reliance Ports and Terminals Ltd is a company owned by billionaire Mukesh Ambani . Reliance Global Holdings will take over BP's 100 per cent equity in BP Chemicals (Malaysia)