Latest Market News
IOC Announces December 2024 Special Incentive Scheme for Polyethylene and Polypropylene
Indian Oil Corporation (IOC) has introduced a special incentive scheme for December 2024, targeting PE and PP buyers through post-sales performance-based rewards. The scheme is applicable across all...
Crude Oil Prices Surge Amid Geopolitical Tensions and Strong Demand
Crude oil prices have climbed significantly in recent weeks, reflecting a 5% gain over the last week despite recent profit-taking. Prices remain on the higher end of their...
IndianOil and RIL Announce Special Incentive Schemes for November 2024
IndianOil Incentive Scheme IndianOil has introduced a tiered incentive structure for High-Density Polyethylene (HDPE), Linear Low-Density Polyethylene (LLDPE), and Polypropylene (PP) grades for both Prime and Non-Prime segments....
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Epigral Limited to Double CPVC and Epichlorohydrin Capacity by FY27 with ₹780 Cr Investment
Epigral Limited, formerly known as Meghmani Finechem Ltd, has announced a significant expansion of its Chlorinated Polyvinyl Chloride (CPVC) Resin and Epichlorohydrin production capacities at its integrated Dahej...
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OPAL and IOCL Announce Incentive Schemes for PE and PP
OPaL (ONGC Petro additions Limited) has introduced its AMSP Linked Incentive Scheme for Polypropylene (PP) and Polyethylene (PE) for November 2024. The scheme offers tiered discounts based on...
Polymer Price Updates: IOCL Holds PP & PE Prices Steady; RIL Increases PVC Prices and Introduces PP Incentive Scheme
IOCL Polymer Price Update PP and PE Prices: Rolled over with no changes as of November 7, 2024. Reliance Industries Limited (RIL) Price & Incentive Updates PVC Price...
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Indian Rupee Hits Record Low as USD Strengthens Ahead of Fed Rate Decision
The Indian Rupee (INR) extended its decline on Thursday, reaching an all-time low of 84.2950 against the US Dollar (USD). The dollar's rally, buoyed by expectations of growth-oriented...
India Positions Itself for a Massive Petrochemical Boom
India is gearing up for a petrochemical boom, with $87 billion expected to be invested over the next decade to meet surging demand. As more citizens rise into...
Rupee Weakens as Strong Dollar Demand from Foreign Banks Triggers Outflows
The Indian rupee has continued its slide, weighed down by strong dollar demand from foreign banks, likely driven by equity outflows. The USDINR trading range for the day...
Polymer Price Updates and Incentive Schemes
Indian Oil Corporation Limited (IOCL) IOCL has announced the following polymer grade prices, effective from 17th October 2024: PP Grades: All prices remain unchanged. PE Grades: All prices...
