Manufacturing
OPEC plus 15th Ministrial Supply Extension Cuts Meeting

In the previous meeting, the cartel had decided to continue the production levels of March-21 (7.05mb/d) for the month of April-21, with the exception of Russia and Kazakhstan (they were allowed to increase production by 130 and 20 thousand barrels per day respectively)...

Apr 05 2021 |
Update on Petrochemicals - March 2021

The petrochemical prices have been witnessing improvement backed by recovery in demand amid disturbed supplies of petrochemicals due to the outbreak of Covid-19 pandemic. The improvement in crude oil prices have also influenced the upward momentum in petrochemical prices as petro-products are derivatives of crude oil...

Apr 01 2021 |
Oil Monitor - March 2021

The price of Brent Crude and WTI have increased by 6.5% and 5.6% during March, 2021 as against the price prevailing during February 2021 and has also increased sharply by 95.0% and 113.1% as against the price prevailing during the same month in the previous financial year...

Apr 01 2021 |
H1-FY22 Natural Gas Price Revision Impact

The gas price for locally produced fields has been kept unchanged at USD 1.79/mmBtu and the ceiling price for gas to be produced from difficult fields has been decreased to USD 3.62/mmBtu from USD 4.06/mmBtu resulting in a 10.8% decline...

Mar 31 2021 |
Update on Consumer Durables - March 2021

Consumer electronics and appliances industry witnessed sharp contraction in demand in Q1FY21 due to the outbreak of Covid-19 and subsequent restrictions...

Mar 30 2021 |
Update on Refining and Marketing April-February 2021

Production of refinery products/petro products has fallen by 12.2% during 11M-FY21. Crude throughput or refineries processed 4.41mb/d during 11M-FY21 compared with the 5.10mb/d of crude processed during 11M-FY20...

Mar 30 2021 |
Update on Paper and Paper Products - March 2021

With the ongoing vaccination program in India and with people now adapting to Covid-19 norms and environment, it is expected that the sales of paper & paper products industry will witness an uptick during FY22 on y-o-y basis backed by better paper demand and increase in its prices...

Mar 30 2021 |
Update on Natural Gas 11M-FY21

Domestic production from onshore fields was around 34% while CBM fields contributed around 2% of the total natural gas production during 11M-FY21. Major part of the output however was from the offshore gas fields which constituted around 64% of the total domestic natural gas production...

Mar 25 2021 |
Update on Crude Oil 11M-FY21

Domestic crude oil production, imports and consumption during April-February 2021 i.e. 11M-FY21...

Mar 24 2021 |
Update on Drugs & Pharma - March 2021

The Indian pharma industry’s sales increased by 11.6% in the first 3 quarters of FY21 on an average. This is based on sales data of 159 pharma companies in the industry...

Mar 11 2021 |