Latest Market News

Crude Oil Prices Experience Volatility Amidst Profit-Taking and Supply Expectations

Crude oil 3 Oct 2023, 5:30 am

Crude oil prices have undergone a rollercoaster ride, with a significant drop from $95.31 USD per barrel to $90.71 USD per barrel in a single day, representing a...

Price Updates by domestic polymer producer - October 1, 2023

Polymer 1 Oct 2023, 5:30 am

Domestic polymer key producer have made significant announcements regarding price adjustments for various polymer products, effective from October 1, 2023. These changes encompass a wide range of polyethylene...

September 28, 2023: Price roll over in Polymer Grades by Leading Indian Polymer producing Companies

Polymer 28 Sept 2023, 5:30 am

RIL, IOCL, GAIL, OPAL, HPL, MRPL and HMEL have decided to roll over the prices of PP, HDPE, LLDPE, and PVC grades, and these prices will remain unchanged...

Oil Prices Surge as U.S. Crude Stocks Drop, Despite Concerns Over Demand and Interest Rates

Crude oil 28 Sept 2023, 5:30 am

Oil prices experienced a remarkable 3% surge on Wednesday, driven by a surprising decrease in U.S. crude stocks, defying lower fuel demand expectations. Brent crude futures soared past...

Crude Oil Surges to 10-Month Highs as OPEC Projects Tight Supply and Robust Demand

Crude oil 13 Sept 2023, 5:30 am

Oil prices soared by 2% on September 12, reaching $92.25 per barrel, hitting their highest levels since November 2022. The surge was driven by Saudi Arabia and Russia's...

Polyethylene Incentive Schemes and Discounts for September 2023

Polymer 9 Sept 2023, 5:30 am

For September 2023, RIL has introduced an incentive scheme: X for HDPE and Y for LLDPE. There is no incentive scheme for LDPE during this month. The details...

USD Gains Strength Against Asian Currencies, Indian Rupee at Two-Week Low

₹ - $ 6 Sept 2023, 5:30 am

The US dollar continued its upward trajectory against most Asian currencies, reaching a six-month high, fueled by concerns over slowing economic growth and elevated oil prices. The dollar...

Crude Oil Prices Surge to Nine-Month High Amid Global Economic Optimism

Crude oil 5 Sept 2023, 5:30 am

In a surprising turn of events, crude oil prices have soared to a nine-month high, with Brent crude reaching $88.89 per barrel today. Recently crude oil trade witnessed...

September 1, 2023: Price Adjustments in Polymer Grades by Leading Indian Polymer producing Companies

Polymer 1 Sept 2023, 5:30 am

On September 1, 2023, leading Indian polymer-producing companies announced changes in the prices of various polyethylene (PE) and polypropylene (PP) grades. Here's a summary of the price adjustments:...

Oil Prices Face Downward Pressure Amid Global Economic Uncertainty

Crude oil 25 Aug 2023, 5:30 am

In a tumultuous period for the oil market, prices have witnessed a steady decline from the once soaring levels of above $80 per barrel. Despite briefly hitting a...