News & Bulletin Updates

May 02, 2016: HMEL reduces PP price

HPCL-Mittal Energy Limited (HMEL) has revised its downward price revision with effect from May 1, 2016.

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Germany based PCK Raffineries is planning to resume its FCC refinery.

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Supreme Petrochem Limited (SPL) has announced its downward price revision in PS with effect from May 1, 2016.

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The Indian rupee opened marginally lower on Today. It was trading at 66.41 per USD against previous closing.

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May 01, 2016: HPL slashes PP price

Haldia Petrochemical Limited (HPL) has announced its downward price revision in PP with effect from May 1, 2016.

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Haldia Petrochemical Limited (HPL) has announced its downward price revision in PE with effect from May 1, 2016

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Indian Oil Corporation Limited (IOCL) has publicized its latest downward price revision with effect from May 1, 2016

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Reliance Industries Limited (RIL) has rolled over it basic price of PVC with effect from May 1, 2016.

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Gail (India) Limited has revised its downward price revision with effect from May 1, 2016

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Reliance Industries Limited (RIL) has announced downward price revision in PE and PP with effect from May 1, 2016

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We carry here a round-up of Indian market prices for commodity and engineering polymers across the cities of Delhi, Mumbai, Chennai, Ahmedabad, Kolkata, Ludhiana, Jaipur, Bangalore, Hyderabad and Kanpur. These are latest ruling prices.

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Reliance Industries Limited (RIL) has announced upward price revision in PET with effect from May 1, 2016.

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Europe based Ineos Phenol has planned to start maintenance at its Phenol-Acetone unit.

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On April 29, 2016, HDPE (BM) price in US Gulf was reported lower at $1170 per metric tonne as compared to the price $1175 per metric tonne on April 28, 2016.

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On April 29, 2016, LLDPE (Film) price in US Gulf was noted lower at $1210 per metric tonne as compared to the price $1220 per metric tonne on April 28, 2016.

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On April 29, 2016, Crude oil price in Europe market was reported lower at $47.33 per barrel as compared to the price $48.14 per barrel on April 28, 2016.

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On April 29, 2016, Crude oil price in Middle East was assessed higher at $43.96 per barrel as compared to the price $43 per barrel on April 28, 2016.

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On April 29, 2016, Naphtha price in Japan was reported to go up by USD 9 per metric tonne.

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On April 29, 2016, Propylene price in South Korea was reported to remain unchanged.

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On April 29, 2016, Ethylene price in North East Asia (NEA) was reported to remain unchanged.

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On April 29, 2016, Ethylene price in North West Europe was noted higher by USD 30 per metric tonne.

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Russia based Yamal LNG has signed a loan agreement with two Chinese bank after more than a year of discussion with its majority shareholder targeted by US sanctions.

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OPEC daily basket price on April 28, 2016 was assessed higher.

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On April 28, 2016, Styrene Monomer (SM) price in South Korea was assessed higher by USD 5 per metric tonne.

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The International Crude Oil price of Indian Basket as reported by (PPAC) under the Ministry of Petroleum and Natural Gas was noted at USD 43.86 per barrel.

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