Latest Market News

Epigral Limited to Double CPVC and Epichlorohydrin Capacity by FY27 with ₹780 Cr Investment

Epigral Limited to Double CPVC and Epichlorohydrin Capacity by FY27 with ₹780 Cr Investment

Polymer November 16, 2024

Epigral Limited, formerly known as Meghmani Finechem Ltd, has announced a significant expansion of its Chlorinated Polyvinyl Chloride (CPVC) Resin and Epichlorohydrin production capacities at its integrated Dahej...

OPAL and IOCL Announce Incentive Schemes for PE and PP

OPAL and IOCL Announce Incentive Schemes for PE and PP

Polymer November 9, 2024

OPaL (ONGC Petro additions Limited) has introduced its AMSP Linked Incentive Scheme for Polypropylene (PP) and Polyethylene (PE) for November 2024. The scheme offers tiered discounts based on...

Polymer Price Updates: IOCL Holds PP & PE Prices Steady; RIL Increases PVC Prices and Introduces PP Incentive Scheme

Polymer Price Updates: IOCL Holds PP & PE Prices Steady; RIL Increases PVC Prices and Introduces PP Incentive Scheme

Polymer November 8, 2024

IOCL Polymer Price Update  PP and PE Prices: Rolled over with no changes as of November 7, 2024. Reliance Industries Limited (RIL) Price & Incentive Updates PVC Price...

Indian Rupee Hits Record Low as USD Strengthens Ahead of Fed Rate Decision

Indian Rupee Hits Record Low as USD Strengthens Ahead of Fed Rate Decision

₹ - $ November 7, 2024

The Indian Rupee (INR) extended its decline on Thursday, reaching an all-time low of 84.2950 against the US Dollar (USD). The dollar's rally, buoyed by expectations of growth-oriented...

India Positions Itself for a Massive Petrochemical Boom

India Positions Itself for a Massive Petrochemical Boom

Polymer October 21, 2024

India is gearing up for a petrochemical boom, with $87 billion expected to be invested over the next decade to meet surging demand. As more citizens rise into...

Rupee Weakens as Strong Dollar Demand from Foreign Banks Triggers Outflows

Rupee Weakens as Strong Dollar Demand from Foreign Banks Triggers Outflows

₹ - $ October 19, 2024

The Indian rupee has continued its slide, weighed down by strong dollar demand from foreign banks, likely driven by equity outflows. The USDINR trading range for the day...

Polymer Price Updates and Incentive Schemes

Polymer Price Updates and Incentive Schemes

Polymer October 17, 2024

Indian Oil Corporation Limited (IOCL) IOCL has announced the following polymer grade prices, effective from 17th October 2024: PP Grades: All prices remain unchanged. PE Grades: All prices...

Crude Oil Prices Plummet Amid Easing Geopolitical Tensions

Crude Oil Prices Plummet Amid Easing Geopolitical Tensions

Crude oil October 16, 2024

Crude oil prices fell sharply by over 4% on Tuesday, primarily driven by reports that Israel is not planning to strike Iran's oil industry. This development has alleviated...

Domestic Polymer Producer Announce Key Price Adjustments for October 2024

Domestic Polymer Producer Announce Key Price Adjustments for October 2024

Polymer October 1, 2024

Domestic polymer producer have announced important price revisions across various polymer categories, effective from October 1, 2024. RIL Price Updates: LLDPE/HDPE: Prices have been rolled over. PVC: Prices...

Reliance and GAIL Announce Discount Schemes for HDPE and LLDPE for September 2024

Reliance and GAIL Announce Discount Schemes for HDPE and LLDPE for September 2024

Polymer September 25, 2024

Reliance Industries Limited has declared a discount scheme for HDPE and LLDPE for September 2024 based on annual APP quantity slabs: For lifting 8.33% and above of the annual...