News & Bulletin Updates

Petrochem sources reported a massive fall in aniline prices in the Mumbai chemical market.

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Petrochem sources reported a significant fall in aluminium alloy ingot prices in the Ahmedabad market.

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An elevated demand trend is noticed in butyl cellosolve prices.

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Robust demand has lifted acetone prices in the Mumbai market.

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Rhodium prices were quoted lower in the Mumbai metal market today.

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On Feb 02 2023, Petrochem sources reported a cut in zinc alloy Grade-Zamak3 prices in the Delhi metal market.

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Petrochem sources reported a significant fall in zinc oxide prices in the Ahmedabad market.

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Manganese oxide prices firmed up in Ahmedabad in anticipation of tight regional product availability and improved buying sentiments.

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Manganese sulphate prices witnessed an increase today.

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On February 02, 2023, Naphtha prices were registered to move up in Europe on account of positive buying trends in the region.

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On February 02, 2023, Butadiene (BD) prices have been reported to be steady in South Korea, South East Asia, Rotterdam, and US Gulf due to stable demand patterns in the respective countries.

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On February 02, 2023, the price of crude oil in the US Gulf was $76.41/barrel (FOB) for WTI with a fall of $2.46/barrel.

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Silane coupling agent grade Si69 prices registered a rise in the domestic market of Delhi.

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Petrochem sources confirmed that caustic soda lye prices have slipped in the Dahej market.

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DINP prices are low in the Ahmedabad market today.

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On February 02, 2023, Petrochem sources reported a down in the prices of DIBP in the chemical market of Delhi.

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Anionic surfactant prices in the Mumbai market registered a fall today.

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On February 02, 2023 PEG (600) prices fell in the Ahmedabad market.

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Feb 02, 2023: Daily import matrices

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The company deals in ginning, pressing & trading of cotton lint. The installed capacity of the firm is 18,000 MT of cotton ginning with 24 gins & 1 bale press and a capacity to produce 27,000 bales per annum, located in Andhra Pradesh.
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Discover the company's internal business situation and current financial situation. How is business going?
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Learn more about the weekly update on Petrochemical Price Update
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Find out why does the manufacturer and exporter of woven and knitted garments, such as shirts, blouses, skirts, t-shirts, polo shirts and sweatshirts, is shying away. Is the company doing well.Click details for more.

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Gross margin declined to 37% from 52% YoY and 43% QoQ because of the sharp drop in yarn prices along with inventory of high-cost cotton. Consequently, EBITDAM stood at ~7.3% in Q3FY23 vs. 24.2% YoY and 14.6% QoQ. This is the lowest quarterly EBITDAM in the past almost 10 years, barring Q1FY21 (Covid lockdown period).
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Petroleum, chemical and petrochemical investment regions are predicted to attract investments worth USD 420 Bn.
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