Latest Market News
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India delays BIS rule for polypropylene (PP) imports by six months
India has postponed the enforcement of BIS certification for polypropylene (PP) imports by an additional six months, effective October 24, 2025. The decision provides temporary relief to importers,...
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IOCL announces special incentive scheme for PP and PE grades
Indian Oil Corporation Ltd. (IOCL) has announced a special incentive scheme for Polypropylene (PP) and Polyethylene (PE) grades, applicable for liftings between October 19 and October 31, 2025....
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PolyMart Weekly Raw Material & Currency Insights
The week ending 26 October 2025 saw sharp volatility across energy and currency markets. Crude oil prices rebounded strongly, closing at 65.63, marking a 7.08% weekly gain after...
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HMEL announces Reserved Incentive (RI) Scheme for PP and PE grades for October 2025
HPCL-Mittal Energy Ltd. (HMEL) has announced a Reserved Incentive (RI) Scheme for Polypropylene (PP) and Polyethylene (PE) grades, applicable on liftings between October 21 and October 31, 2025....
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Reliance announce PET prices reduced by ₹3,000/MT
Reliance Industries Ltd. (RIL) have announced a price reduction of ₹3,000 per metric tonne (MT) for all PET grades, effective October 25, 2025.Reliance PET Grades Price reduced by ₹3,000/MT...
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Polymer Market Weekly Update
The polymer market witnessed divergent trends during the week ending 26 October 2025, as key commodity grades moved in different directions, reflecting varied demand across sectors. PP Raffia...
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HPL announces special incentive scheme on PP and PE grades for October 2025
Haldia Petrochemicals Ltd. (HPL) has introduced a special incentive scheme for its Polypropylene (PP) and Polyethylene (PE) customers, applicable on liftings made between October 19 and October 31,...
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UK Extends Tariffs on Indian PET Imports Until 2029 to Protect Domestic Producers
The UK Trade Remedies Authority (TRA) has extended countervailing duties on PET imports from India for another five years, until 2029. The review found that removing the duties...
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PolyMart Weekly Raw Material & Currency Insights
The commodity and currency markets displayed mixed trends this week. Crude oil prices continued their downward slide, closing at 61.29, down 2.30% for the week. The commodity has...
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India’s Chemical & Petrochemical Industry Poised to Lead Global Innovation: Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal said that India’s petrochemical industry is set to become a global hub for innovation and advanced technologies, driving growth across the...
