News & Bulletin Updates

8It was a quiet trading day on Thursday as the purchasing trend in Delhi's open market remained weak

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8Buying trends were muted in the open markets of Bangalore on Thursday, prices for various plastic resins remained unchanged from the previous day

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8Mangalore Refinery and Petrochemicals Limited (MRPL) has announced an incentive scheme for polypropylene (PP) lifting in June 2023. The scheme is linked to the CQI (Continuous Quality Improvement) 2023-24 program

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Jun 15, 2023: Domestic PET prices

8The Polyethylene Terephthalate (PET) pricing in India's domestic markets has been announced by Reliance Industries Ltd (RIL)

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Jun 15, 2023: Asian SM prices soar

8Styrene Monomer (SM) prices were assessed higher in Asia by improved buying trends in the region and bullish upstream benzene prices

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8Toluene prices in Europe remained stable, whereas they increased in Asia

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8A leading Iranian producer and supplier has offered a new grade of LDPE Film at a competitive price

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8The stability in MX prices comes despite a rise in downstream PX prices.

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8Solvay and Corre Energy join forces to advance clean energy storage by collaborating on the development of a Compressed Air Energy Storage (CAES) facility in Germany, with Solvay providing salt caverns as a crucial step towards expanding its commitment to sustainable energy solutions

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8The Austrian company, ALPLA to build a PET recycling plant in South Africa with an output of 35,000 tonnes of recycled PET material, marks the company’s entry into the African recycling market

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8CPGC and BASF have accelerated onboard for CO2 capture system development

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8The RCEP trade agreement, which would remove up to 90% of tariffs on products exchanged between the two areas and increase trade by $4.5 billion, has been discussed between Sri Lanka and ASEAN

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8Continental launches sustainable tire series with top EU performance, available in 19 sizes, hitting dealers in July

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8The rubber market is poised for remarkable growth, with a projected trajectory towards reaching an impressive market size of USD 50 billion by the year 2031, reflecting a combination of forward-looking expectations and the industry's dynamic potential for innovation, expansion, and economic impact

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8The Osaka Exchange's November delivery rubber contract dropped to 209.7 yen ($1.50) per kg, while the Shanghai futures exchange reported an increase to 12,085 yuan ($1,686.41) per metric ton for September delivery

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8The company has two manufacturing facilities located in Gujarat, and it also operates a 15-MW solar power plant within its premises, which meets its entire power requirements, Is the company doing well? why is it not getting its debt assessed?

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8The Indian textiles sector strategically strengthens its position in key export markets, capitalizing on opportunities from the US-China trade war, with textile companies expecting a demand recovery by Q3FY2024 and reduced global retailer inventories after a challenging FY2023

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Jun 15, 2023: MRPL tender

8Mangalore Refinery and Petrochemicals Ltd has issued a request for quotation for the transportation of polypropylene in bags from Mangalore to various places, find when is the due bidding and the requirements

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8Get the latest rubber prices for Singapore

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8Mitsui Chemicals is committed to achieving sustainable business growth by capturing high-value demand in the automotive industry and outpacing the global automotive production increase in 2022-2023

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8The ACS Rubber Division welcomes companies from the industry to sponsor its student outreach program during the International Elastomer Conference, which allows students to gain information, build connections, and be encouraged to enter the business

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Refinery tender
8A winner emerges

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The GAIL Dabhol terminal continues to suffer from all kinds of problems.
8And there are multiple issues

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A new LNG terminal no longer interests bidders much these days.
8But is that because there is a belief that the terminal will just not come up or is it because there is all-round ennui.

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It is easy to get month-old import data but it is difficult to solicit forthcoming shipment information in India. We go through a laborious process of data collection to get you full import information, including company-wise, quantity-wise, port-wise, vessel-wise cargoes which are coming into India in the next 15-to30 days.
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8LNG
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