Latest Market News

Nayara Energy Set to Launch Polypropylene Production by First Half of 2024

Polymer December 20, 2023

Nayara Energy, an Indo-Russian crude oil refiner, is on track to commence commercial production at its Polypropylene plant in the Vadinar Refinery, Gujarat, during the first half of...

Crude Awakening: Oil Prices Plunge Amidst Record US Exports and Global Supply Concerns

Crude oil December 7, 2023

Crude oil experienced a notable downturn, settling at $74.30 per barrel yesterday, marking a sharp decrease of $2.90 and breaking the $75 per barrel threshold yesterday. Just a...

Indian Rupee Hits All-Time Low Against US Dollar Amidst Importer Demand

₹ - $ December 6, 2023

The Indian Rupee is currently trading at 83.42 against the US Dollar, marking an all-time low. It was 83.14 against the USD a month ago, indicating a 0.34%...

Domestic Polymer Producer Price Updates for 01, December 2023

Polymer December 1, 2023

The domestic polymer producer company has adjusted its polymer prices, effective from December 1, 2023. Here's a breakdown of the revisions: RIL: HDPE grade prices increased by Re.1/kg...

Domestic Polymer Producer Price Updates for 16, November 2023

Polymer November 17, 2023

Major domestic players in the polymer industry, including RIL, HPL, OPaL, IOCL, MRPL, and GAIL, have announced significant revisions in Polypropylene (PP) and Polyethylene (PE) prices effective November...

Crude Reality: Navigating the Complexities of Recent Oil Price Declines and Global Influences

Crude oil November 17, 2023

Crude oil prices have witnessed a turbulent journey, experiencing a sharp decline of nearly 5% in recent days. This downward trend is part of a larger narrative that...

Analyzing the Fluctuations in Natural Gas Prices and Factors Influencing the Market

Natural Gas November 9, 2023

The current price of natural gas stands at $3.1 per MMBTU, down from $3.49 a week ago, representing a decrease of over 11%. A month ago, it was...

Oil Prices Hit 3-Month Lows Amid Rising Supply and Weakening Demand Worries

Crude oil November 8, 2023

Oil prices took a sharp downturn, dropping by 4% to reach their lowest levels since July. Concerns over increased supply and a strengthening dollar have contributed to this...

Domestic Polymer Producer Price Updates for November 2023

Polymer November 1, 2023

In the polymer industry, domestic producers have announced significant price updates for November 2023. Here is a summary of the key price changes made by leading domestic polymer...

Price Adjustments in Indian Polymer Market (October 2023)

Polymer October 19, 2023

In South Asia (Indian Sub-Continent), internation offer for the polymer witnesses significant changes for October 2023. Here's a summary of the updates in US$/MT: Polypropylene (PP) Prices: PP...