Latest Market News
Impact of IOCL's Polymer Price Revision: Will Domestic Prices Align with International Rates?
In a recent development, Indian Oil Corporation Limited (IOCL) announced a price revision for its LL Film grades, effective from May 23, 2024. The LL-Film Grades, including 010F18S/A,...
Polymer Price Adjustments: Updates from Leading Producers
RIL and Aspet/Ramapet have announced a price increase for all PET grades by Rs. 2000 per metric ton (MT) effective from March 23, 2024. RIL has rolled over...
DGTR Recommends Provisional Anti-Dumping Duties on PVC Paste Resin Imports
The Directorate General of Trade Remedies (DGTR) has recommended the imposition of provisional anti-dumping duties on PVC Paste Resin imports from: China South Korea Norway Taiwan Thailand This...
Reliance Announces Price Hike for Various Polymer Grades Effective May 22, 2024
Reliance has announced a price increase for several polymer grades starting from May 22, 2024. The prices for all PVC grades have been increased by Rs. 3000 per...
India to Enforce Quality Standards for Woven Sacks in Packaging Industry Starting June 6
India is set to enforce mandatory quality norms for woven sacks used in packaging polymers, cement, fertilizers, and postal bags, beginning June 6, 2024. This initiative aims to...
INR/USD Pair Shows Mixed Performance Amid Fed Rate Cut Expectations and Trade Deficit Concerns
The Indian Rupee (INR) closed at 83.37 against the US Dollar (USD), marking a complex trading period influenced by a blend of domestic and international factors. Over the...
May 2024 Polymer Price Adjustments: Updates from Leading Producers
IOC Polymer Price Revision (Effective 16.05.2024) LLDPE: Decrease of Rs 2000/MT for all grades except LL Film, which is rolled over. HDPE: Rolled over. PP: Rolled over. MRPL...
Domestic Polymer Producer's Special Incentive Scheme for May 2024
IOCL announced a Special Incentive scheme for PP and Flexi APP customers, based on post-sales, against the actual lifting of PP (Prime/Non-Prime grades) during May 2024 as follows:...
Crude Oil Prices Retreat Amid Surprising Inventory Build-Up and OPEC+ Uncertainty
As of the most recent trading session, crude oil closed at $82.7 per barrel, showcasing a slight decline from previous figures. Over the past week, it experienced a...
Natural Gas Market Dynamics Amidst Fundamental Pressures
Natural gas prices surged above $2, supported by technical indicators hinting at bullish momentum. Despite this, fundamental challenges loom large, with news of ample supply and subdued demand...
