Latest Market News
India’s import PP, PE markets rebound in Jan after several months of declines.
Date – 26/01/2023 The prices of polypropylene (PP) and polyethylene (PE) in India have increased from the previous month due to a shortage in supply. This has led...
Indian Polymer Open Market Price Updates
Date – 06/02/2023 The recent recovery in the oil industry can be attributed to two major factors. Firstly, Beijing has relaxed its stringent Covid-19 guidelines by easing testing...
Polymer Market Experiences Major Price Changes in Relation to Crude Oil Trends
Date – 06/02/2023 The prices of Polymers have experienced significant variations in the recent months, as indicated by the latest market data. At the beginning of November 2022,...
Budget 2023: Expectations from Plastic and Polymer sector for Government Support.
Date – 16/01/2023 The plastic and polymer industry are eagerly anticipating the upcoming budget, with high expectations. The main request from industry players is for a reduction in...
Polymer prices may soon start a downward trend
Date – 03/01/2023 Given the current state of weakening demand, it is likely to have a profound impact on the pricing trend. Should the demand remain lackluster, there...
Russia's Novatek and India's GAIL are expected to finalize a natural gas sales agreement.
Date – 04/02/2023 Russia's largest liquefied natural gas (LNG) producer, Novatek, is close to a deal to supply gas to GAIL (India) Ltd as it seeks alternative markets to...
Oil Ministry adopts proposal for pricing natural gas at 10% of crude oil cost.
Date - 30/01/2023 The oil ministry has approved the main suggestions of the Kirit Parikh committee regarding the pricing of domestic natural gas and has started discussions with...
Rupee falls 1% due to strong US jobs data and Fed rate hike fears.
Date – 06/02/2023 On Monday, the Indian Rupee experienced a depreciation of 89 paise, equating to a 1.08% decrease against the United States Dollar. This marked the largest...
Rupee falls 52 paise reducing to 82.04 against the USD.
Date – 31/01/2023 On the Tuesday of intra-day trade, the Indian Rupee experienced a depreciation of 52 paise, bringing its value to 82.04 in comparison to the United...
Rupee expected to depreciate, may breach 85-mark in 2023.
Date – 22/01/2023 The Indian Rupee is expected to experience depreciation on Thursday due to a significant increase in crude oil prices. The rise in oil prices was...
