News & Bulletin Updates

A fall in tetrasodium pyrophosphate prices in the domestic market of Mumbai was recorded today.

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Sodium acid pyrophosphate prices firmed up in Ahmedabad in anticipation of tight regional product avails and improved buying sentiments.

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A sharp rise was recorded in ferrosilicon prices in Delhi.

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An increase in acetic acid prices has been noted in Ahmedabad today.

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PVA 24-88 prices witnessed a massive fall in the Mumbai market today.

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MDC prices witnessed a massive fall in the Mumbai market today.

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Robust demand has lifted NPAC prices in the Kandla market.

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On February 18, 2023, Petrochem sources reported a fall in cyclohexane prices in the Hazira market.

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Petrochem sources reported a sharp fall in cyclohexanone prices in the Hazira chemical market.

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An elevated behavior has been noticed in butyl cellosolve prices these days.

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On February 18, 2023, BAM prices were much pushed higher in the Kandla market.

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8Bettina Feldmann has joined Falken Tyre Europe GmbH's management team as chief operations officer (COO) for the operational business, which encompasses the operations and supply chain management divisions.
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8The MDR rubber moving die rheometer features a
tough frame made of stainless steel and aerospace-grade aluminium. The software-programmable MDR motor drive system allows the oscillation strain to be preset from 0.01 to 5.0 degrees while achieving unmatched accuracy and repeatability.
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8As well as the impact of the war in Ukraine, inflationary trends and interest rate hikes, the company noted adverse trends around foreign exchange and prices and soaring costs for freight raw materials and energy.
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8Net sales showed an increase over the previous fiscal year, primarily owing to the strong tire demand in the North American market. However, operating income recorded a year-on-year decrease chiefly due to rising raw materials prices and hikes in freight rates on account of container shortages.
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8The tire and rubber machinery manufacturer VMI has announced the opening of three new production assembly halls in Poland. The company's overall manufacturing floor space will increase with the expansion to approximately 30,000 square meters.
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8The TNFD aims to restore biodiversity by establishing a framework that encourages companies to disclose information on risks and opportunities related to the natural environment and biodiversity and by supporting a shift in global financial flows to nature-positive outcomes.
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8Learn what the automotive safety supplier company of Sweden has planned for the future.
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8F&F HAL, Saarloha, and BFL inked a Memorandum of Understanding (MoU) for the research and manufacturing of aerospace-grade steel alloys. This MoU also accentuates the development, certification and application of new materials for use in the production of aircraft, engines, and accessories.
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8Get the latest steel company filings here to stay up to date with what is happening.
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8India has already emerged as the second largest steel producer in the world and our per capita steel consumption has gone up from 57kg to 78kg during the last nine years.
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8India's desire to realise its ambitions envisioned under the National Logistics Policy relies heavily on the utilisation of multimodal transportation, which would include an interconnected inland waterways system. This will lessen the amount of material moved through the chicken neck, hence reducing the overall distance and reliance on rail and road, as well as aid in the decarbonisation of the logistics sector.
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8JPMorgan believes that Indian steel mills are well placed in the wake of improving domestic demand, re-opening of export markets, and higher domestic steel prices.
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Feb 17, 2023: Global Economic Data

8Get the latest data on global trade, exports, imports, production and prices.
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8Earnings for the 3 OMCs remain subdued for the third successive quarter, with blended marketing losses at Rs1.6/ltr in Q3, narrowing Rs5/ltr QoQ.
GRMs have shown divergent trends, however, with a sharp dip (QoQ) in IOCL, but
broadly flattish trends for BPCL and HPCL.
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