Latest Market News
Polymer Price Updates Effective 1st January 2025
Reliance Industries Limited (RIL) Polypropylene (PP): Domestic and deemed export prices increased by â‚ą1,000/MT. PP Deemed Price (H030SG): Increased by â‚ą1,163/MT. New Basic Price (Ahmedabad): â‚ą85,657/MT (including â‚ą1,217...
Reliance Industries Announces December PP Domestic Discounts; Upcoming Plant Shutdown Likely to Impact Supply
Reliance Industries Limited (RIL) has released its discount scheme for Polypropylene (PP) in the domestic market for December 2024. The announced discounts are as follows: Grade X: â‚ą500/MT...
HMEL Announces Reserve Incentive (RI) Scheme for December 2024; Market Reacts with Slight Price Uptick
HMEL has rolled out its Reserve Incentive (RI) Scheme for Polypropylene (PP) products for December 2024, detailing incentives based on purchase thresholds. The scheme structure is as follows:...
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Rupee Hits Record Low of 85.06 Against US Dollar Amid Global Market Pressures
The Indian rupee slumped to a fresh all-time low of 85.06 against the US dollar in early trade on Thursday. This decline came amid persistent dollar demand and...
Reliance Industries Announces PET Price Hike & OPAL Incentive Scheme
Reliance Industries Limited has announced a price increase for all PET grades by â‚ą1,500 per metric ton (MT), effective from 17th December 2024. OPAL Incentive Scheme for December...
IOCL Announces Special Incentive Scheme for PE Grades in November 2024
Indian Oil Corporation Limited (IOCL) has declared special incentive amounts for various polyethylene (PE) grades for November 2024. The incentives are applicable based on the percentage of APP...
Weekly Polymer Market Update – December 2024
Price Revisions by Major Polymer Producers (w.e.f. 5th December 2024): Reliance Industries Limited (RIL): HDPE: General HDPE grades reduced by â‚ą2000/MT. Pipe sector HDPE grades reduced by â‚ą3000/MT....
IOC Announces December 2024 Special Incentive Scheme for Polyethylene and Polypropylene
Indian Oil Corporation (IOC) has introduced a special incentive scheme for December 2024, targeting PE and PP buyers through post-sales performance-based rewards. The scheme is applicable across all...
Crude Oil Prices Surge Amid Geopolitical Tensions and Strong Demand
Crude oil prices have climbed significantly in recent weeks, reflecting a 5% gain over the last week despite recent profit-taking. Prices remain on the higher end of their...
IndianOil and RIL Announce Special Incentive Schemes for November 2024
IndianOil Incentive Scheme IndianOil has introduced a tiered incentive structure for High-Density Polyethylene (HDPE), Linear Low-Density Polyethylene (LLDPE), and Polypropylene (PP) grades for both Prime and Non-Prime segments....
