Latest Market News
India's Forex Reserves: A Balancing Act Amidst Rupee Volatility and Global Uncertainties
The recent dip in India's forex reserves by $5.4 billion, bringing it down to $643.16 billion as of April 12, marks the first decline in 8 weeks after...
Middle East Conflict Sparks 4% Surge in Crude Oil Prices: Brent Tops $90
Recent crude oil prices have surged by over 4% following reports of escalating conflict in the Middle East, with Brent crude surpassing $90 a barrel in a sudden...
Major domestic polymer producer companies recent prices adjustment
Following changes are effective from April 18, 2024. Reliance Industries Limited (RIL): Increased PP RCP prices by Rs. 1000/MT. Maintained prices for all other PP grades. Raised LDPE...
Major Petrochemical Companies Adjust Prices Effective April 1st, 2024
Major Petrochemical Companies Adjust Prices Effective April 1st, 2024 Reliance Industries Limited (RIL) Rolled over prices for Linear Low-Density Polyethylene (LLDPE) and High-Density Polyethylene (HDPE) sectors. Increased prices...
PM Modi lays foundation stone of Rs. 20,600 crore petrochemicals complex of Petronet LNG
Prime Minister Narendra Modi laid the foundation stone of petrochemicals complex of including Ethane and Propane handling facilities worth over Rs. 20,600 crore at Dahej, Gujarat. The complex...
Dow and Procter & Gamble Forge Alliance to Revolutionize Plastic Recycling
In a groundbreaking move towards addressing the global plastic waste crisis, Dow and the Procter & Gamble Company (P&G) have joined forces to pioneer a new proprietary recycling...
Polymer Price Adjustments Effective March 21, 2024: Company Updates and Revisions
The domestic polymer producer company has adjusted its polymer prices, effective from March 21, 2024. Here's a breakdown of the revisions: RIL: All PP RCP grades prices have...
GAIL, ONGC, and Shell Energy India Forge Partnership to Develop Ethane Import Infrastructure to Boost Petrochemical (Polymer) Production in India
GAIL (India) Limited, Oil and Natural Gas Corporation (ONGC) and Shell Energy India (SEI) Private Limited on Thursday signed a tripartite Memorandum of Understanding (MoU) to explore opportunities...
Union Minister Dr. Mansukh Mandaviya inaugurates 3 new CIPET at Himachal, Jharkhand and MP
Union Minister of Chemicals and Fertilisers and Health and Family Welfare Dr. Mansukh Mandaviya virtually inaugurated 3 centers of Central Institute of Petrochemicals Engineering & Technology (CIPET) established...
Crude Oil Prices Surge: OPEC's Decision and Market Dynamics
Crude oil prices have seen a significant surge in recent weeks, currently trading at $83.59 USD per barrel, marking a 2.41% rise over the past week alone. This...
