Latest Market News
US-Iran Tensions Escalate, Crude Oil Surges 19% as Global - Supply Risks Return
Global polymer markets are back in focus as geopolitical tensions in the Middle East intensify following renewed US military strikes on Iran and the reimposition of a US...
Key Global Developments That Could Impact Polymer Trade
PolyMart Market Insights | 14 July 2026 Global polymer markets continue to monitor several developments that may influence raw material availability, import costs, and procurement decisions in the...
Fresh US-Iran Strikes Raise Supply Chain Concerns for Polymer Trade
PolyMart Market Insights | 13 July 2026 The latest escalation between the United States and Iran has once again brought the Strait of Hormuz into focus, raising concerns...
Saudi Arabia Slashes Crude Oil Prices for Asia by - $11/Barrel
Saudi Arabia has announced its biggest monthly *cut in crude oil prices* for Asian buyers in more than 26 years, signaling a significant shift in the global energy...
PolyMart Market Update | 06 July 2026
Polymer prices continued to soften across all major commodity grades this week, reflecting the ongoing correction in the market. PP Raffia witnessed the steepest weekly decline of 9.49%, followed by...
Lower Crude and Falling Import Offers Continue to Ease the Polymer Market, easing pressure from buyers
The polymer market continues to favour buyers as global prices remain under pressure. Crude oil has fallen to around USD 72.10 per barrel , its lowest level in...
Crude Oil Hits 4-Month Low; Gulf Import Offers Signal Softer PP Market
Global market indicators continue to support polymer buyers as Brent crude oil has fallen to USD 72.12 per barrel , its lowest level in the past four months....
RIL & IOCL Announce Major Polymer Price Cuts; RIL Introduces Early Bird Incentive
Reliance Industries Limited (RIL) and Indian Oil Corporation Limited (IOCL) have announced significant downward revisions in polymer prices, offering immediate relief to polymer processors and buyers. Key Highlights...
Government Extends Zero Import Duty on Polymers; RIL Defers PE & PVC Price Revision
The Government of India has extended the zero import duty on major polymers for another 15 days, with the exemption now remaining effective until 15 July 2026. The...
Import Duty Exemption Ends Today; Rupee Strengthens While - Crude Returns to Pre-War Levels
The global polymer market continues to favour buyers as multiple macroeconomic indicators turn positive. The Indian Rupee has strengthened against the US Dollar and is expected to remain...