Latest Market News
Crude Oil Prices Surge: OPEC's Decision and Market Dynamics
Crude oil prices have seen a significant surge in recent weeks, currently trading at $83.59 USD per barrel, marking a 2.41% rise over the past week alone. This...
Domestic polymer producer incentive schemes for the month of March 2024.
In order to boost buying confidence, Indian Producer RIL has announced an Incentive Scheme in PP for the month of March 2024 Scheme credentials are as under.Off take...
Polymer Price Adjustments Effective March 1, 2024: Overview of Changes by Leading Producers
The domestic polymer producer company has adjusted its polymer prices, effective from March 1, 2024. Here's a breakdown of the revisions: RIL PP, PE, and PET prices have...
LDPE Prices Heats-Up Across the US and Europe in Feb 2024, Here are the Reasons
During the first half of February 2024, Low-Density Polyethylene (LDPE) saw an increase in prices across Europe and the United States, primarily due to supply shortages and heightened...
HDPE Market Soars in Europe and US Amid Supply Shortages and Surging Demand
In the initial half of February 2024, High-Density Polyethylene (HDPE) experienced an upward price trajectory across Europe and the United States, primarily driven by supply shortages and a...
HPCL to Commission Barmer Refinery by January 2025: Company Executive S. Bharathan
Hindustan Petroleum Corporation Ltd (HPCL) is set to commission the nation's newest oil refinery in Barmer, Rajasthan, by January next year, aiming to meet the escalating fuel demand...
Crude Realities: Factors Influencing Recent Price Movements
Over the past week, crude oil prices have seen a notable 5% decline, closing at $79.11 per barrel, contrasting with the 4% increase observed a month ago when...
Polymer Price Adjustments: Comprehensive Overview of February 1, 2024, Revisions by Domestic Polymer Producer.
The domestic polymer producer company has implemented adjustments to its polymer prices, effective from February 1, 2024. Here's a breakdown of the revisions: Reliance Industries Limited (RIL): PET...
SABIC greenlights $6.4bn petrochemical complex in China
Saudi Basic Industries Corp. has given its go-ahead for a $6.4 billion investment to build a petrochemical complex in Fujian, solidifying its partnership with China. To be developed in...
Plastics Industry Association Urges Unified Effort to Boost Recycling Rates
In response to a recent Curbside Recycling Report, the Plastics Industry Association (PLASTICS) emphasizes the pressing need for collaborative efforts to enhance recycling practices. PLASTICS' President and CEO,...
