Latest Market News
Brent Crude Slips Below $80 for the First Time in 3 Weeks
Global crude oil prices witnessed a sharp correction as Brent crude settled at USD 79.36 per barrel, marking its first close below the USD 80 level in three weeks. The...
West Asia War Uncertainty Keeps Polymer Business on Edge
Conflicting statements from the U.S. and Iran have renewed uncertainty around the Strait of Hormuz, keeping global energy markets on edge. Brent crude has rebounded above USD 85/bbl,...
Polymer Market Update: Crude Falls $8 – Will Domestic Prices Follow?
Global crude oil prices have corrected sharply, raising expectations of softer polymer prices in India. With Brent crude declining to $82.75/bbl (-5.18%), the market is closely watching whether...
_1785574151902.png)
Major Domestic Producers Announce Sharp Price Hikes Effective 1st August 2026
India's leading polymer producers—Reliance Industries (RIL), OPaL, and IndianOil (IOCL)—have announced significant price revisions across major polymer grades, effective 1st August 2026. The revisions cover PP, HDPE, LDPE,...
U.S.- Iran Tensions Trigger Sudden Crude Oil Hike, Derail Previous Polymer Price Trend
Global energy markets have turned volatile once again as renewed tensions between the United States and Iran pushed Brent crude oil prices higher. The sharp rise in crude...
US-Iran Peace Talks Push Crude Oil Down USD 15, What It Means For Polymer Buyers?
Global energy markets have witnessed a sharp correction, with Brent crude oil falling by nearly USD 15 per barrel in just four days as the United States and...
Crude Oil Drops USD 13 in Three Days: Will Polymer Prices Lose Support?
Global energy markets have witnessed a sharp correction, with Brent crude oil falling by nearly USD 13 per barrel in just three days as geopolitical tensions between the United...
India Restricts Low-Priced PVC Resin Imports for Six Months
In a significant move to support the domestic PVC industry, the Government of India has introduced a temporary import restriction on low-priced Suspension Grade PVC Resin (S-PVC). The...
_1784874550545.png)
Brent Crude Tops USD 100, Gulf Shipments Under Pressure Due to Strait of Hormuz Disruptions — What Does This Mean for India's Polymer Market?
Global polymer markets are entering another phase of uncertainty as Brent crude oil has surged above USD 100 per barrel, while escalating geopolitical tensions around the Strait of Hormuz...
Domestic Polymer Prices Rise, But Below Market Expectations
Domestic polymer producers have announced price increases across major polymer grades. However, the revisions were lower than market expectations despite firm global crude oil prices and continued geopolitical...
