Latest Market News
RIL Revises Polymer Prices: PP Sees Hike for Select Grade, PVC Up by ₹1000/MT
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
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
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
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
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
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 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
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
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 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+...