Latest Market News
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U.S.– Iran Deal Hopes Pull Crude Lower: Polymer Buyers Should Stay Cautious
Global crude oil prices have corrected sharply amid optimism over a possible U.S.–Iran agreement and ceasefire extension. Early reports indicate discussions around reopening the Strait of Hormuz and...
Crude Oil Sees Strong Yearly Rally Despite Recent Weekly Correction
Crude oil prices witnessed a sharp weekly correction, with the latest closing at 98.74, down 10.67% from last week’s level of 110.53. Despite the decline, the overall market...
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PolyMart Weekly Raw Material & Currency Insights
Market indicators as of 22 May 2026 reflected mixed trends across crude oil, currency, and natural gas markets, with crude witnessing correction after recent highs while USD INR...
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Fuel Supply Constraints May Impact Vehicle Placement and Delivery Timelines
Dear PolyMart Buyers, Ongoing Iran-US tensions and rising crude oil prices have created pressure on fuel supply and transport operations. In India, petrol and diesel prices have not...
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Rupee Slides to Record Low as Global Pressures Intensify
The Indian rupee continued its downward trajectory on Wednesday, weakening sharply against the US dollar amid mounting global economic pressures and rising geopolitical uncertainty. The currency depreciated nearly...
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Supreme Petrochem Announces Price Revision for GPPS & HIPS Grades
Supreme Petrochem Ltd has announced a revision in GPPS and HIPS prices. GPPS Prices for GPPS grades have been reduced by ₹3,000 per MT. 201 LV & LVLT...
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IOC Announces PE and PP Price Effective May 17, 2026
IOC Polymer Price Revision effective 17.05.2026:PE: Prices increased by ₹1,000 per MTPP: Prices increased by ₹1,000 per MTDisclaimer:PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of...
USD INR Hits Fresh Yearly Low Amid Rising Crude Prices and FPI Outflows
The USD INR pair weakened further as of 15 May 2026, closing at a fresh yearly low of 95.97, compared to 94.44 on 8 May 2026, amid rising...
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RIL Announces PP Price Hike Effective 17 May 2026
Reliance Industries Limited (RIL) has revised its Polypropylene (PP) prices effective from 17th May 2026. PP Domestic grades prices have been increased by ₹1,000 per MT. PP Deemed...
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RIL Revises PE Prices Effective 17 May 2026
Reliance Industries Limited (RIL) has announced a revision in Polyethylene (PE) prices effective from 17th May 2026. Prices for all HDPE, LLDPE, and LDPE grades have been increased...
