Market News Today

During September 11-17, 2026, China's methanol industry chain prices rose, driven by supportive supply-demand fundamentals and gains in downstream products.

In August, China's paraxylene imports rose 15.34% month-on-month to 591,200 tonnes due to unit restarts and better demand, but plunged 32.51% year-on-year amid Asian supply disruptions.

The EU introduced standardized rules for chemically recycled PET in beverage bottles, establishing mass balance accounting, fuel exclusions, and traceability to boost advanced recycling investments.

Shree Pushkar Chemicals & Fertiliser has successfully expanded its annual dyes production capacity by 6,000 metric tons at its manufacturing facility located in Ratnagiri.

Telangana's Rs 1,341.60 crore plan to hand over 10-year street lighting maintenance to private agencies raises accountability and monitoring concerns following the expiry of EESL contracts across urban bodies.

Bengaluru's Namma Metro offers reliable mobility but costs ₹3,520 monthly, posing affordability challenges for lower-income commuters compared to integrated rail systems in Mumbai, Delhi, and other major Indian cities.

Following a fatal building collapse, the new DUSU leadership promised safety audits for student housing and hostels, alongside demands for fee reductions, transport concessions, and expanded accommodation.

India's copper scrap imports remained broadly stable in H1 2026 despite disruptions from traditional suppliers, with stronger US shipments offsetting weaker European availability. However, tighter global premium-scrap supply and stronger Chinese buying are increasing procurement competition, keeping Indian buyers focused on diversified sourcing and higher-recovery grades.

Indian steel pipe prices remain firm with a mild upward bias, supported by elevated HRC prices, higher steelmaking costs and improving post-monsoon infrastructure activity. DI pipes have stronger supply-demand fundamentals, while MS/ERW pipes face greater competition from secondary producers and imports, limiting sharp price increases.

Honda has launched the CB500 in India, priced from Rs 2.75 lakh to Rs 3.02 lakh. It features a 501cc air- and oil-cooled single-cylinder engine producing 28hp and 43.3Nm across three variants.