Latest Market News
IOCL’s ₹61,077 Cr Petrochemical Push Set to Transform Paradip into Industrial Powerhouse
Indian Oil Corporation Ltd (IOCL) has announced its largest-ever single-location investment of ₹61,077 crore to establish a world-class petrochemical complex in Paradip, Odisha. The mega project includes a...
HMEL Hits 2 Million Tonnes Polymer Sales in FY25, Driven by Demand Surge & Strategic Expansion
HPCL-Mittal Energy Ltd (HMEL) has achieved a record-breaking polymer sales milestone of 2 million tonnes in FY 2024–25, marking a significant achievement in India’s petrochemical sector. This performance...
Crude Oil Prices Tumble $10/Barrel Amid Global Recession Fears and Trade War Escalation
Crude oil prices have nosedived nearly $10 per barrel in just a week, rattled by growing fears of a global recession and escalating trade tensions. While oil itself...
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Polymer Price Update: April 1, 2025 – Key Revisions Across Major Players
RIL Price Revisions Reliance Industries Limited (RIL) has revised polymer prices effective April 1, 2025. The key changes include: PVC: Prices reduced by ₹2,000/MT. PP (Domestic): Prices rolled...
OPaL Exits SEZ Status, Transitions to Domestic Tariff Area (DTA) Operations
ONGC Petro Additions Ltd (OPaL) has officially announced its exit from the Special Economic Zone (SEZ) status, marking a notable change in its operational framework. Effective 8th March...
Crude Oil Prices Decline as OPEC+ Output Hike and Trade Tensions Weigh on Market
Crude oil prices extended their losing streak, with Brent falling below $70 per barrel for the first time since December 2021. The decline comes amid concerns over OPEC+...
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Polymer Price Revision – Effective March 1, 2025
Reliance Industries Ltd. (RIL) has announced price revisions across various polymer grades, effective March 1, 2025: 🔹 Reliance Industries Ltd. (RIL) PET: All grades increased by ₹2,000/MT PP...
Indian Polymer Producers Announce PE Price Updates Effective February 13, 2025
Domestic polyethylene (PE) producers have announced price revisions for various grades, effective February 13, 2025. 🔹 HDPE – Prices for all high-density polyethylene (HDPE) grades remain unchanged. 🔹...
Polymer Price Revision Effective 1st February 2025
📌 Reliance Industries Ltd. (RIL) PET Price: Increased by ₹2/kg (basic). PE Prices: HDPE: Up by ₹1000/MT. LLDPE: Up by ₹2000/MT. LDPE: Up by ₹2000/MT, except: LD...
IOC and Reliance Announce Polymer Price Revisions Effective 23rd January 2025
Indian Oil Corporation (IOC) and Reliance Industries Limited (RIL) have announced revisions in their polymer prices, effective from 23rd January 2025. Here's a breakdown of the updates: Indian...
