Latest Market News
IOCL Unveils Incentive Scheme for September 2025
Indian Oil Corporation Limited (IOCL) has announced its monthly incentive schemes for September 2025, applicable on LLDPE, HDPE, XRLL, and XMLL grades. The incentives are linked to PE...
GST Council Removes Credit Note-Invoice Linkage, Eases Compliance Across Industries
The GST Council has eased a major compliance burden by removing the requirement to link credit notes with specific invoices, a reform welcomed across industries.Previously, every credit note—whether...
Polymer Market Update: Mixed Trends Across Key Grades
The polymer market witnessed mixed price movements this week, reflecting both regional demand patterns and global crude-linked fluctuations. PP Raffia closed at ₹87.50, marking a 1.13% weekly drop...
PolyMart Weekly Raw Material & Currency Insights
In the week ending 5th September 2025, global commodity markets witnessed sharp movements across crude oil, natural gas, and currency exchange rates. Crude oil prices closed at 65.50,...
Rupee Closes at ₹88.18, Near Its Weakest Ever.
The Indian rupee closed at a fresh record low of ₹88.18 per U.S. dollar on September 5, 2025, marking its second straight weekly decline. The currency slipped 0.01%...
RIL Introduces New PE Incentives; Cuts PP Prices from Sept 5
Reliance Industries Limited (RIL) has announced its new incentive scheme for Polyethylene (PE) grades, effective for September 2025. The scheme covers HDPE, LLDPE, and LDPE grades, with slab-based...
Rupee Stabilises After Recent Record Low
The Indian rupee ended slightly higher on Wednesday, recovering from recent volatility even as broader Asian currencies weakened. The local unit closed at 88.07 per US dollar, marking...
Indian Polymer Market weekly update
The first week of September brought mixed momentum in the Indian polymer market, with PP Raffia and LDPE under pressure, while PVC staged a strong rebound. PP Raffia...
RIL Revises Polymer Prices Effective September 1, 2025
Reliance Industries Ltd. (RIL) has announced revisions in polymer prices effective September 1, 2025. The updates cover LDPE, LLDPE/HDPE, PET, PVC, and PP segments. Polyethylene (PE): LDPE prices...
RIL Announces August 2025 PP Incentive Scheme
Reliance Industries Ltd. (RIL) has announced its incentive scheme for Polypropylene (PP) grades for the month of August 2025. The scheme provides structured discounts across Homopolymers and ICP/RCP...