News & Bulletin Updates

A sharp rise was recorded in thiamethoxam (97%) prices in Mumbai.

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On February 22, 2023, petrochem sources reported a fall in refrigerant R152a prices in the Mumbai market.

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On February 22, 2023, Petrochem sources reported a fall in fluorite prices in the Mumbai market.

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A lift in trichloroethylene prices in the Ahmedabad market was noticed today.

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Cryolite prices have witnessed a significant fall in the Ahmedabad market.

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On February 22, 2023, sodium fluoride prices were pushed higher in the Mumbai market.

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Iron sources reported that pig iron prices reduced in Delhi because of the decline in demand from the automotive sector, foundries that manufacture auto components and other industrial products are now buying less pig iron.

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HR coil sources reported that the pickled coil prices are reduced in the market because the demand of the buyers in the market is less and the goods are more in the market due to which the pickled steel coils are falling.

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Polystyrene sheet prices have witnessed a fall in the Mumbai market.

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An elevated trend is noticed in 22% nickel sulfate prices.

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Prices were pushed higher in the Delhi market.

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Petrochem sources from Delhi reported a rise in silane coupling agent grade Si69 prices today.

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On February 22, 2023, petrochem sources reported a fall in DTY grade 300D prices in the Delhi market.

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An elevated demand trend is noticed in silver prices.

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On February 22, 2023, Petrochem sources reported a fall in zinc oxide prices in the Mumbai market.

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Petrochem sources reported a significant fall in zinc alloy Grade-Zamak3 prices in the Delhi market.

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Rhodium prices firmed up in Mumbai in anticipation of tight regional product availability and improved buying sentiments.

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One of the most prevalent grades of stainless steel utilized, 304 steel offers outstanding corrosion resistance due to its high concentration of chromium, according to steel sources.

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Steel suppliers indicated high rates for the 304 grade since the major driver of the price increase was surging crude oil costs as a result of western restrictions on Russia's exports.

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According to steel suppliers, the 430 grade lowers rates since 430 stainless steel is less expensive because it does not include nickel.

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Steel sources indicated high prices for the 201 grade since there has been a definite desire for materials such as stainless steel, and with the increasing demand among Asian nations, it has become a trend that is now spreading globally.

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Stainless steel is more expensive to create due to the addition of a number of alloying elements such as iron, chromium, nickel, manganese, and copper, according to steel sources.

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Steel sources report a drop in the price of this I-shaped iron in Mumbai as a result of a drop in demand from the automobile sector.

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Steel sources reported that carbon steel prices are increasing in Mumbai because low-carbon steel contains a lower percentage of carbon content, making it cheaper to produce but also weaker than its counterpart.

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On February 22, 2023, Petrochem sources reported a fall in isoprene rubber grade SKI-3s prices in the Mumbai market.

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