Latest Market News
Polymer Price Revisions by domestic Companies as of December 21, 2023
Reliance Industries Limited (RIL): Effective December 21, 2023, RIL has increased its PP prices by Re.1/kg basic. Simultaneously, there is a revision in PE prices: LDPE grade prices...
BPCL Greenlights Rs 5,044 Crore Investment for a 400 KMT Polypropylene Unit at Kochi Refinery.
In a significant move, Bharat Petroleum Corporation Limited (BPCL) has received board approval for a substantial investment of Rs 5,044 crore to establish a state-of-the-art Polypropylene (PP) unit...
Nayara Energy Set to Launch Polypropylene Production by First Half of 2024
Nayara Energy, an Indo-Russian crude oil refiner, is on track to commence commercial production at its Polypropylene plant in the Vadinar Refinery, Gujarat, during the first half of...
Crude Awakening: Oil Prices Plunge Amidst Record US Exports and Global Supply Concerns
Crude oil experienced a notable downturn, settling at $74.30 per barrel yesterday, marking a sharp decrease of $2.90 and breaking the $75 per barrel threshold yesterday. Just a...
_1701849987590.png)
Indian Rupee Hits All-Time Low Against US Dollar Amidst Importer Demand
The Indian Rupee is currently trading at 83.42 against the US Dollar, marking an all-time low. It was 83.14 against the USD a month ago, indicating a 0.34%...
_1701409193420.png){kind=logo}
Domestic Polymer Producer Price Updates for 01, December 2023
The domestic polymer producer company has adjusted its polymer prices, effective from December 1, 2023. Here's a breakdown of the revisions: RIL: HDPE grade prices increased by Re.1/kg...
_1700212729476.png){kind=logo}
Domestic Polymer Producer Price Updates for 16, November 2023
Major domestic players in the polymer industry, including RIL, HPL, OPaL, IOCL, MRPL, and GAIL, have announced significant revisions in Polypropylene (PP) and Polyethylene (PE) prices effective November...
_1700211639252.png)
Crude Reality: Navigating the Complexities of Recent Oil Price Declines and Global Influences
Crude oil prices have witnessed a turbulent journey, experiencing a sharp decline of nearly 5% in recent days. This downward trend is part of a larger narrative that...
Analyzing the Fluctuations in Natural Gas Prices and Factors Influencing the Market
The current price of natural gas stands at $3.1 per MMBTU, down from $3.49 a week ago, representing a decrease of over 11%. A month ago, it was...
Oil Prices Hit 3-Month Lows Amid Rising Supply and Weakening Demand Worries
Oil prices took a sharp downturn, dropping by 4% to reach their lowest levels since July. Concerns over increased supply and a strengthening dollar have contributed to this...
