Latest Market News
Price revisions by domestic polymer producers in India w.e.f. June 06, 2023
RIL has announced X and Y scheme in HDPE, LDPE, and LLDPE grades for June 2023 as follows: X&Y slab is 9% of Annual APPQ or 24% of...
Price revisions by domestic polymer producers in India w.e.f. June 01, 2023
RIL has reduced PP prices by Rs. 3/kg basic, effective from June 1, 2023. The earlier price protection has been withdrawn. DE prices have been changed as per...
Price revisions by domestic polymer producers in India w.e.f. May 20, 2023
Domestic PP-producing companies including HPL, OPAL, IOCL, and RIL have reduced PP prices by Rs. 1500 per MT with effect from May 20, 2023. The earlier price protection...
Domestic Producers have announced a performance scheme for the month of May 2023 based on the APPQ for FY 2023-24
GAIL has announced additional post Sales Discount amount for May 2023. The discount amount is based on the monthly lifting percentage of MCQ. The discount amount for HDPE...
Price revisions by domestic polymer producers in India w.e.f. May 14, 2023
In a surprising move, domestic PP-producing companies including HPL, OPAL, IOCL, and RIL have reduced PP prices by Rs. 1500 per MT with effect from May 14, 2023....
Recent price revisions by domestic polymer producers in India
Haldia Petrochemicals (HPL) has announced rolled-over prices for PP grades, while HDPE grades prices have been reduced by Rs. 1-2 per Kg and LLDPE prices are down by...
Domestic Producers have announced a performance scheme for the month of May 2023 based on the APPQ for FY 2023-24
Haldia has announced an MOU-linked scheme for May lifting in PP on 100%, 110%, and 125% of MOU quantity. The incentive amount will be declared by month-end. Haldia...
The selloff triggered by economic fears caused a 4% drop in crude prices.
On Tuesday, crude oil prices fell over 4% due to fears of a global economic slowdown and weak manufacturing data from China, the world's top crude importer. The...
Oil Prices Remain Range-Bound Amid Mixed Economic Data from China and US
The current price of crude oil is 79.40 USD per barrel, and it has remained range-bound in the past few days. It was trading at 77.30 USD per...
Price revisions by an Indian polymer producer effective from May 01, 2023.
On May 1st, 2023, Reliance Industries Limited (RIL) stated that the prices for all grades of PP, PET, HDPE, LLDPE, and LDPE would remain unchanged, except for PVC,...