Latest Market News

Government of India Rejects Plastic Industry's Demands for Import Duty and Quality Control Order

Policy 13 Apr 2023, 10:19 am

The Department of Chemicals and Petrochemicals (DCPC), a part of the Ministry of Chemicals and Fertilizers in the Government of India, has rejected the plastic industry's request for...

Price revisions by an Indian polymer producer.

Polymer 13 Apr 2023, 10:05 am

Supreme Petrochem has increased the prices of GPPS (General Purpose Polystyrene) by Rs. 1500 per MT (Metric Ton) and HIPS (High Impact Polystyrene) grades by Rs. 1500 per...

Price revisions by an Indian polymer producer effective from April 10, 2023.

Polymer 10 Apr 2023, 2:35 pm

Effective from April 10, 2023, Reliance Industries Limited (RIL) and Aspet has increased all PET grades prices by Rs. 1000/MT.

Domestic Producer Prices Remain Unchanged for Polymers Starting April 6, 2023

Polymer 6 Apr 2023, 9:52 am

Reliance Industries Limited (RIL) has maintained the same prices for all grades of PP (Polypropylene), HDPE (High-Density Polyethylene), LDPE (Low-Density Polyethylene), LLDPE (Linear Low-Density Polyethylene), and PVC (Polyvinyl...

Natural Gas Price Continues to Slide as Surplus and Decreased Demand Weigh on Market

Natural Gas 5 Apr 2023, 2:14 pm

The price of natural gas remains in negative momentum, as it hit 2.09 USD per MMBTU on April 5th, 2023, hovering around a 30-month low. This represents a...

OPEC+ announces production cuts, causing crude oil prices to rise sharply

Crude oil 3 Apr 2023, 5:09 pm

OPEC+ surprised the market with an announcement of a production cut of 1.16 million barrels a day. Saudi Arabia led the way by pledging to reduce its supply...

Price revisions by an Indian polymer producer effective from April 1, 2023.

Polymer 1 Apr 2023, 10:32 am

Effective April 1, 2023, Reliance Industries Limited (RIL) has decreased the prices of various polymer grades. The price of PVC grade has been lowered by Rs.4/kg, while the...

Indian Government Grants Extension for Mandatory Quality Certifications of Polyethylene Materials

Policy 1 Apr 2023, 10:23 am

The Indian government has granted an extension for mandatory quality certifications of Polyethylene Material used in Moulding and Extrusion processes, which includes EVA, HDPE, LDPE, and LLDPE. The...

New Exchange Rate Automation Module (ERAM)

₹ - $ 31 Mar 2023, 11:20 am

The Indian Customs department is planning to introduce a new Exchange Rate Automation Module (ERAM) to publish daily currency exchange rates on their website, replacing the current system...