Latest Market News
Polymer Markets Navigate Heightened Global Risks
Domestic PET prices have increased by ₹2.50/kg, effective 24 August 2026.Meanwhile, global markets remain cautious as the U.S. prepares fresh sanctions against Iran. Iran’s warning to halt Persian...
Brent Crude Surges 6.63% Weekly
Brent Crude🔺 Brent crude closed at $94.39/bbl, gaining ~7% over the week from $88.52/bbl on 14th August.🔺 Continued US–Iran tensions, supply concerns and restricted energy flows are keeping...
📊 PolyMart Market Update
📈 Polymer Market Snapshot PolymerClosing ₹/kgWeeklyMonthlyQtrYearlyPP Raffia₹143.40+4.60% ↑+5.67% ↑+9.47% ↑+59.96% ↑LLDPE₹131.15+0.77% ↑+7.41% ↑-2.42% ↓+44.44% ↑HDPE BM₹126.90-1.17% ↓-3.17% ↓-12.72% ↓+41.79% ↑LDPE₹159.30+3.01% ↑+6.45% ↑+0.60% ↑+44.36% ↑PVC₹92.40+0.82% ↑+13.58% ↑+7.25% ↑+28.16% ↑...
DOMESTIC PP PRICES INCREASE
Domestic polypropylene prices have moved higher effective 21 August 2026, strengthening the market’s cost outlook.Price Revision🔺 IM / F&F / RCP: +₹3,000/MT🔺 SR20NC: +₹5,000/MT🔺 All other sectors: +₹2,000/MT🔺...
Polymer Markets Stay Firm as Crude Rises and Geopolitical Risks Persist
Global polymer markets remain firm amid higher crude oil prices, US–Iran tensions and firmer sentiment in China. US–Iran & Energy Market 🔺 US–Iran tensions remain elevated, while uncertainty...
Oil Climbs Above $91 as U.S.– Iran Tensions Keep Energy Markets On Edge
Oil prices moved above $91/bbl as U.S.–Iran tensions continue to create uncertainty in global energy markets. 📊 Market Snapshot 🛢️ Crude Oil: $91.51/bbl ▲ 0.70% 💱 USD/INR: ₹95.73...
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LPG Policy Update: What It Could Mean for PP Buyers
The Ministry of Petroleum and Natural Gas has amended the Petroleum Products (Maintenance of Production, Storage and Supply) Order, 1999, directing refineries and upstream oil companies to maintain...
RIL & IOCL Raise PP Prices by Up to ₹5,000/MT
Reliance Industries Limited (RIL) and Indian Oil Corporation Limited (IOCL) have announced polypropylene price increases effective 17 August 2026.RIL Price Revision — Domestic🔺 PP-ICP: +₹2,000 /MT🔺 PP-F&F: +₹4,000 /MT🔺 PP-RCP: +₹5,000 /MTFor...
Crude Oil Near $87 As Hormuz Risks Stay Elevated
Oil prices are holding near $87/bbl as continued U.S. pressure on Iran keeps concerns over crude supplies and strategic shipping routes elevated. The Strait of Hormuz remains the...
PVC Import Cost Pressure Builds as Rupee, Crude and Formosa Offer Rise
Indian PVC buyers face a potentially costlier procurement environment as the rupee weakens, Brent crude strengthens and Formosa raises its PVC offer.As of 12 August 2026, USD/INR stood...
