Latest Market News
Indian Polymer Producers Announce Price Revision Effective March 16th, 2023
Date: 17-03-2023 Several major Indian petrochemical companies, including RIL, OPAL, IOCL, HPL, and MRPL, have collectively reduced the prices of their polypropylene (PP) grades by Rs 3.50/kg. Additionally,...
Global Polypropylene Markets Driven by Exponential Demand for Electric and Hybrid Vehicles
Date: 10-03-2023 On Thursday, domestic polymer producers including Reliance, IOCL, HMEL, MRPL, HPCL, Haldia, and Opal, decided to keep their PP, PE & PVC prices unchanged. This move...
Polymer Market Outlook: Uncertainty and Opportunity Amidst Divergent Factors
Date: 03-03-2023 Chinese polymer markets have seen a surge in expectations for industry growth, sparked by the upcoming National People's Congress on March 5th, 2023. This optimistic sentiment...
Incentive Schemes Unveiled by Domestic Producers to Boost Sales
Date: 06-03-2023 Domestic producers have rolled over prices for PP, LLDPE, HDPE, and PVC. GAIL is offering discounts for HDPE and LLDPE, while OPAL has waived the upper...
India’s import PP, PE markets rebound in Jan after several months of declines.
Date – 26/01/2023 The prices of polypropylene (PP) and polyethylene (PE) in India have increased from the previous month due to a shortage in supply. This has led...
Indian Polymer Open Market Price Updates
Date – 06/02/2023 The recent recovery in the oil industry can be attributed to two major factors. Firstly, Beijing has relaxed its stringent Covid-19 guidelines by easing testing...
Polymer Market Experiences Major Price Changes in Relation to Crude Oil Trends
Date – 06/02/2023 The prices of Polymers have experienced significant variations in the recent months, as indicated by the latest market data. At the beginning of November 2022,...
Budget 2023: Expectations from Plastic and Polymer sector for Government Support.
Date – 16/01/2023 The plastic and polymer industry are eagerly anticipating the upcoming budget, with high expectations. The main request from industry players is for a reduction in...
Polymer prices may soon start a downward trend
Date – 03/01/2023 Given the current state of weakening demand, it is likely to have a profound impact on the pricing trend. Should the demand remain lackluster, there...
Russia's Novatek and India's GAIL are expected to finalize a natural gas sales agreement.
Date – 04/02/2023 Russia's largest liquefied natural gas (LNG) producer, Novatek, is close to a deal to supply gas to GAIL (India) Ltd as it seeks alternative markets to...
