Latest Market News
India Asserts Consensus-Based Approach in Plastic Pollution Agreement Negotiations
During the Fourth Session of the Intergovernmental Negotiating Committee (INC) on plastics, India stood firm on its stance, declaring its support for an international legally binding agreement on...
April 2024 Domestic Polymer Producer Incentive Scheme
IOCL Announces Scheme on PE HD/LL Exclusively for April 2024. Customers receive a discount of Rs. 1500/MT on HD Raffia/Tarpaulin. Additionally, a discount of Rs. 2500/MT is applicable...
Bhansali Engineering Polymers announces ABS capacity expansion to 2 TPA
The Board of Bhansali Engineering Polymers Limited discussed the proposed enhancement of production capacity of ABS from 75,000 ΤΡΑ to 200,000 ΤΡΑ (earlier 145,000 TPA) at company's existing...
Navigating the Trade Dynamics of Plastic Pollution: Balancing Global Concerns
The intricate web of trade dynamics surrounding plastic pollution negotiations highlights the multifaceted nature of the issue. From the trade in raw materials shaping production trends to the...
RIL Announces Incentive Scheme on PE HD/LL for April 2024
RIL Announces Scheme on PE HD/LL Exclusively for April 2024 Discount eligibility based on Average lifting of the last fiscal year 2023-24 non-zero months: Rs. 2000/MT on Completion...
India's Forex Reserves: A Balancing Act Amidst Rupee Volatility and Global Uncertainties
The recent dip in India's forex reserves by $5.4 billion, bringing it down to $643.16 billion as of April 12, marks the first decline in 8 weeks after...
Middle East Conflict Sparks 4% Surge in Crude Oil Prices: Brent Tops $90
Recent crude oil prices have surged by over 4% following reports of escalating conflict in the Middle East, with Brent crude surpassing $90 a barrel in a sudden...
Major domestic polymer producer companies recent prices adjustment
Following changes are effective from April 18, 2024. Reliance Industries Limited (RIL): Increased PP RCP prices by Rs. 1000/MT. Maintained prices for all other PP grades. Raised LDPE...
Major Petrochemical Companies Adjust Prices Effective April 1st, 2024
Major Petrochemical Companies Adjust Prices Effective April 1st, 2024 Reliance Industries Limited (RIL) Rolled over prices for Linear Low-Density Polyethylene (LLDPE) and High-Density Polyethylene (HDPE) sectors. Increased prices...
PM Modi lays foundation stone of Rs. 20,600 crore petrochemicals complex of Petronet LNG
Prime Minister Narendra Modi laid the foundation stone of petrochemicals complex of including Ethane and Propane handling facilities worth over Rs. 20,600 crore at Dahej, Gujarat. The complex...
