Latest Market News
Price revisions by an Indian polymer producer effective from April 10, 2023.
Effective from April 10, 2023, Reliance Industries Limited (RIL) and Aspet has increased all PET grades prices by Rs. 1000/MT.
Domestic Producer Prices Remain Unchanged for Polymers Starting April 6, 2023
Reliance Industries Limited (RIL) has maintained the same prices for all grades of PP (Polypropylene), HDPE (High-Density Polyethylene), LDPE (Low-Density Polyethylene), LLDPE (Linear Low-Density Polyethylene), and PVC (Polyvinyl...
Natural Gas Price Continues to Slide as Surplus and Decreased Demand Weigh on Market
The price of natural gas remains in negative momentum, as it hit 2.09 USD per MMBTU on April 5th, 2023, hovering around a 30-month low. This represents a...
OPEC+ announces production cuts, causing crude oil prices to rise sharply
OPEC+ surprised the market with an announcement of a production cut of 1.16 million barrels a day. Saudi Arabia led the way by pledging to reduce its supply...
Price revisions by an Indian polymer producer effective from April 1, 2023.
Effective April 1, 2023, Reliance Industries Limited (RIL) has decreased the prices of various polymer grades. The price of PVC grade has been lowered by Rs.4/kg, while the...
Indian Government Grants Extension for Mandatory Quality Certifications of Polyethylene Materials
The Indian government has granted an extension for mandatory quality certifications of Polyethylene Material used in Moulding and Extrusion processes, which includes EVA, HDPE, LDPE, and LLDPE. The...
New Exchange Rate Automation Module (ERAM)
The Indian Customs department is planning to introduce a new Exchange Rate Automation Module (ERAM) to publish daily currency exchange rates on their website, replacing the current system...
_1680167236699.png){kind=logo}
Updates on domestic polymer producer prices
HMEL has rolled over prices for PP and HDPE with effect from March 30, 2023. OPAL has rolled over prices for PP, LLDPE, and HDPE with effect from...
Recent developments in the natural gas sector
Natural gas prices have shown volatility in the recent past. natural gas reaching a three-year low of 1.33 USD per MMBTU on 19-09-2020. The prices then experienced a...
Latest Developments in Crude Oil Price
As of 27.03.2023, the price of crude oil stands at 74.53 USD per barrel, which represents a year-to-date (YTD) price change of -11.6% compared to the closing price...
