Latest Market News
Crude Oil Prices Plunge Over $5 Amidst Weak Demand and Macroeconomic Concerns
Crude oil prices took a nosedive on October 4th, plummeting by more than $5 per barrel, and settling at $85.81 a barrel, marking a 5.6% drop in Brent...
_1696497370301.png){kind=logo}
October 2023 Polymer Price and Discount Updates from Leading Domestic Polymer-Producing Companies
RIL is reducing the prices of Polyvinyl Chloride (PVC) by Rs. 4 per kilogram, effective from October 5, 2023. IOCL has introduced an early bird scheme for Polyethylene (PE) products,...
Crude Oil Prices Experience Volatility Amidst Profit-Taking and Supply Expectations
Crude oil prices have undergone a rollercoaster ride, with a significant drop from $95.31 USD per barrel to $90.71 USD per barrel in a single day, representing a...
_1696323914940.png){kind=logo}
Price Updates by domestic polymer producer - October 1, 2023
Domestic polymer key producer have made significant announcements regarding price adjustments for various polymer products, effective from October 1, 2023. These changes encompass a wide range of polyethylene...
_1695881797509.png){kind=logo}
September 28, 2023: Price roll over in Polymer Grades by Leading Indian Polymer producing Companies
RIL, IOCL, GAIL, OPAL, HPL, MRPL and HMEL have decided to roll over the prices of PP, HDPE, LLDPE, and PVC grades, and these prices will remain unchanged...
Oil Prices Surge as U.S. Crude Stocks Drop, Despite Concerns Over Demand and Interest Rates
Oil prices experienced a remarkable 3% surge on Wednesday, driven by a surprising decrease in U.S. crude stocks, defying lower fuel demand expectations. Brent crude futures soared past...
_1694609521674.png)
Crude Oil Surges to 10-Month Highs as OPEC Projects Tight Supply and Robust Demand
Oil prices soared by 2% on September 12, reaching $92.25 per barrel, hitting their highest levels since November 2022. The surge was driven by Saudi Arabia and Russia's...
_1694254416768.png){kind=logo}
Polyethylene Incentive Schemes and Discounts for September 2023
For September 2023, RIL has introduced an incentive scheme: X for HDPE and Y for LLDPE. There is no incentive scheme for LDPE during this month. The details...
USD Gains Strength Against Asian Currencies, Indian Rupee at Two-Week Low
The US dollar continued its upward trajectory against most Asian currencies, reaching a six-month high, fueled by concerns over slowing economic growth and elevated oil prices. The dollar...
Crude Oil Prices Surge to Nine-Month High Amid Global Economic Optimism
In a surprising turn of events, crude oil prices have soared to a nine-month high, with Brent crude reaching $88.89 per barrel today. Recently crude oil trade witnessed...
