Latest Market News
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PolyMart Market Update | 06 July 2026
Polymer prices continued to soften across all major commodity grades this week, reflecting the ongoing correction in the market. PP Raffia witnessed the steepest weekly decline of 9.49%, followed by...
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Lower Crude and Falling Import Offers Continue to Ease the Polymer Market, easing pressure from buyers
The polymer market continues to favour buyers as global prices remain under pressure. Crude oil has fallen to around USD 72.10 per barrel , its lowest level in...
Crude Oil Hits 4-Month Low; Gulf Import Offers Signal Softer PP Market
Global market indicators continue to support polymer buyers as Brent crude oil has fallen to USD 72.12 per barrel , its lowest level in the past four months....
RIL & IOCL Announce Major Polymer Price Cuts; RIL Introduces Early Bird Incentive
Reliance Industries Limited (RIL) and Indian Oil Corporation Limited (IOCL) have announced significant downward revisions in polymer prices, offering immediate relief to polymer processors and buyers. Key Highlights...
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Government Extends Zero Import Duty on Polymers; RIL Defers PE & PVC Price Revision
The Government of India has extended the zero import duty on major polymers for another 15 days, with the exemption now remaining effective until 15 July 2026. The...
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Import Duty Exemption Ends Today; Rupee Strengthens While - Crude Returns to Pre-War Levels
The global polymer market continues to favour buyers as multiple macroeconomic indicators turn positive. The Indian Rupee has strengthened against the US Dollar and is expected to remain...
Global Polymer Futures Decline While Import Duty Extension - Appears Unlikely
Global polymer sentiment remained soft as Chinese futures weakened on 26 June 2026 alongside stable crude oil prices. Brent crude traded at USD 74.41/bbl, while the Indian Rupee remained...
China Helped Stabilize Polymer Markets—But a Bigger Supply Wave Is Coming
China played a key role in stabilizing global polymer markets during the recent Strait of Hormuz disruption. Strong domestic inventories, lower imports, higher coal-to-olefins (CTO) production and selective...
Global indicators continue to support polymer buyers, while domestic PP prices are moving in the opposite direction
Progress in U.S.-Iran negotiations has reduced concerns over supply disruptions in the Middle East. Measures to keep the Strait of Hormuz operational have improved confidence across energy and...
Lebanon Ceasefire Supports U.S.-Iran Talks; Energy Markets Stabilize
A ceasefire between Israel and Hezbollah in Lebanon has improved prospects for ongoing U.S.-Iran negotiations, with U.S. envoy Steve Witkoff heading to Switzerland for the first round of...
