Latest Market News
Crude Oil Outlook Turns Bullish Amid Escalating Middle East Tensions
Crude oil prices surged over 7% on Friday after Israel launched strikes on Iranian nuclear and military sites, sparking fears of supply disruptions. West Texas Intermediate (WTI) spiked...
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RIL Unveils Early Bird and Incentive Schemes for PE and PP in June 2025
Mumbai, June 7, 2025 – Reliance Industries Limited (RIL), India’s largest petrochemical player, has announced attractive Early Bird and performance-linked incentive schemes for Polyethylene (PE) and Polypropylene (PP)...
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RIL and HMEL Announce Updated Incentive Slabs for Polymer Buyers – May 2025
In a continuation of their performance-linked reward strategies, Reliance Industries Limited (RIL) and HPCL-Mittal Energy Limited (HMEL) have announced updated incentive slabs for May 2025. ? Updated RIL...
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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...
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? 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...
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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...
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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...
