Market News Today

Global polyethylene (PE) prices remained largely stable through mid-October 2025, with Asian markets showing marginal declines and U.S. prices holding steady. Supply remained sufficient despite limited demand recovery. Higher crude oil costs offered some support, but overall market sentiment stayed cautious amid weak downstream activity and moderate import interest.

KSERC dismissed petitions by renewable associations over draft regulations proposing net metering reduction from 1000 kW to 3 kW. Citing non-maintainability, KSERC scheduled physical hearings in 4 locations by Oct 30, 2025, as per High Court directive.

Indian cities like Pune (₹50,000 Cr infra, 80% appreciation last decade), Hyderabad (₹25,000 Cr infra, 20% YoY growth), Mumbai, Bengaluru, Chennai, Gurgaon, Noida, Lucknow, and Kolkata are forecast for strong property appreciation by 2030, driven by infrastructure and investment.

Pune-Mumbai commuters demand hourly train service to ease traffic chaos. Current infrequent trains cause reliance on congested expressway. A Delhi-Meerut-like RRTS (180 km/h) is proposed for faster, greener, and more reliable connectivity, boosting regional economy.

Pune's Wagholi faces daily traffic chaos from rapid urban growth, outstripping infrastructure. The Pune–Ahilyanagar Road is a bottleneck. Experts urge a multi-pronged approach: bypasses, widening, and completing internal roads for sustainable urban future.

Domestic Acetic Acid prices in India strengthened through October 2025, driven by firm methanol feedstock costs and cautious downstream demand. While global methanol prices softened under tariff pressure, domestic supply remained stable. Post-festive demand recovery from pharmaceutical and packaging sectors is expected to support prices into early November.

Mahanadi Coalfields (MCL) invites tenders for replacing damaged solar modules at its 2 MW Anand Vihar plant. Valued at ₹11,18,751.90, with ₹14,000 EMD, the 60-day project closes bids by November 7, 2025, promoting 'Make in India' suppliers.

Warje Bridge expansion on Mumbai–Bengaluru Highway (NH-48) gains momentum. Service roads to open soon, easing congestion. Right-side bridge targets Dec 2025 completion, left-side by March 2026, improving Pune traffic flow.

Kochi Metro's ₹1957 crore Pink Line extension (11 km) progresses with girder installation. The project, connecting Palarivattom to Kakkanad, aims for completion within 20 months, enhancing urban mobility and sustainability.

Kerala plans a ₹2,500 crore, 3-km underwater tunnel linking Vypeen and Fort Kochi. A November meeting will discuss the project, aiming to cut travel time to under five minutes and offer a sustainable alternative to ferries.