Latest Market News
Crude Oil Price Movement: Snapping a Three-Week Losing Streak Amidst Market Forecasts
U.S. crude oil prices rebounded nearly 4% last week, breaking a three-week losing streak. The recent gains reflect expectations of tighter market conditions heading into the third quarter...
Polymer Price Revisions Announced by domestic polymer producer Effective June 13, 2024
Domestic polymer producer have announced significant revisions to their polymer prices effective June 13, 2024. RIL PE: All HDPE up by ₹2000/Mt, except Pipe which is up by...
Polymer Price Revisions Announced by domestic polymer producer Effective June 1, 2024
Domestic polymer producer have announced significant revisions to their polymer prices effective June 1, 2024. RIL Price Revisions LLDPE (Linear Low-Density Polyethylene): Prices increased by Rs. 2500/MT. HDPE...
Impact of IOCL's Polymer Price Revision: Will Domestic Prices Align with International Rates?
In a recent development, Indian Oil Corporation Limited (IOCL) announced a price revision for its LL Film grades, effective from May 23, 2024. The LL-Film Grades, including 010F18S/A,...
Polymer Price Adjustments: Updates from Leading Producers
RIL and Aspet/Ramapet have announced a price increase for all PET grades by Rs. 2000 per metric ton (MT) effective from March 23, 2024. RIL has rolled over...
DGTR Recommends Provisional Anti-Dumping Duties on PVC Paste Resin Imports
The Directorate General of Trade Remedies (DGTR) has recommended the imposition of provisional anti-dumping duties on PVC Paste Resin imports from: China South Korea Norway Taiwan Thailand This...
Reliance Announces Price Hike for Various Polymer Grades Effective May 22, 2024
Reliance has announced a price increase for several polymer grades starting from May 22, 2024. The prices for all PVC grades have been increased by Rs. 3000 per...
India to Enforce Quality Standards for Woven Sacks in Packaging Industry Starting June 6
India is set to enforce mandatory quality norms for woven sacks used in packaging polymers, cement, fertilizers, and postal bags, beginning June 6, 2024. This initiative aims to...
INR/USD Pair Shows Mixed Performance Amid Fed Rate Cut Expectations and Trade Deficit Concerns
The Indian Rupee (INR) closed at 83.37 against the US Dollar (USD), marking a complex trading period influenced by a blend of domestic and international factors. Over the...
May 2024 Polymer Price Adjustments: Updates from Leading Producers
IOC Polymer Price Revision (Effective 16.05.2024) LLDPE: Decrease of Rs 2000/MT for all grades except LL Film, which is rolled over. HDPE: Rolled over. PP: Rolled over. MRPL...
