Latest Market News

RIL Revises Polymer Prices: PP Sees Hike for Select Grade, PVC Up by ₹1000/MT

RIL Revises Polymer Prices: PP Sees Hike for Select Grade, PVC Up by ₹1000/MT

Polymer 1 Jun 2025, 5:30 am

Reliance Industries Limited (RIL), India’s leading polymer producer, has announced a revision in its polymer pricing effective 1st June 2025. Polypropylene (PP) domestic prices have been rolled over...

đź“° Price Update: RIL, Supreme Petrochem Announce Polymer Price Revisions Effective May 1, 2025

đź“° Price Update: RIL, Supreme Petrochem Announce Polymer Price Revisions Effective May 1, 2025

Polymer 1 May 2025, 5:30 am

Reliance Industries Ltd (RIL) has announced a series of price revisions across its polymer portfolio, effective from May 1, 2025: 🔹 Polypropylene (PP): Domestic PP prices have been...

IOCL Launches Special Incentive Scheme for April 2025; RIL and Chiripal Hike PET Prices

IOCL Launches Special Incentive Scheme for April 2025; RIL and Chiripal Hike PET Prices

Polymer 25 Apr 2025, 5:30 am

Indian Oil Corporation Ltd (IOCL) has announced a special incentive scheme across various PE grades for April 2025. The scheme offers slab-wise incentives based on APP (Average Past...

Polymer Price Cut: Major Producers Slash PE Prices by ₹2,000/MT; PP Prices Remain Steady

Polymer Price Cut: Major Producers Slash PE Prices by ₹2,000/MT; PP Prices Remain Steady

Polymer 17 Apr 2025, 5:30 am

Leading polymer manufacturers including Reliance Industries Limited (RIL), OPaL, Haldia Petrochemicals, and Indian Oil Corporation (IOCL) have announced a reduction in polyethylene (PE) prices effective from 17th April...

IOCL’s ₹61,077 Cr Petrochemical Push Set to Transform Paradip into Industrial Powerhouse

IOCL’s ₹61,077 Cr Petrochemical Push Set to Transform Paradip into Industrial Powerhouse

Polymer 11 Apr 2025, 5:30 am

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

HMEL Hits 2 Million Tonnes Polymer Sales in FY25, Driven by Demand Surge & Strategic Expansion

Polymer 11 Apr 2025, 5:30 am

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 Tumble $10/Barrel Amid Global Recession Fears and Trade War Escalation

Crude oil 7 Apr 2025, 5:30 am

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...

Polymer Price Update: April 1, 2025 – Key Revisions Across Major Players

Polymer Price Update: April 1, 2025 – Key Revisions Across Major Players

Polymer 1 Apr 2025, 5:30 am

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

OPaL Exits SEZ Status, Transitions to Domestic Tariff Area (DTA) Operations

Polymer 8 Mar 2025, 5:30 am

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 Decline as OPEC+ Output Hike and Trade Tensions Weigh on Market

Crude oil 6 Mar 2025, 5:30 am

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+...