Market News Today

China's methanol market faces downside risks due to rising November non-Iranian imports, weaker olefin demand, and potential coastal plant shutdowns, signaling upcoming inventory builds and falling spot prices.

India’s Adperma has inaugurated a $630 million integrated phenol and acetone plant, leveraging local feedstocks at Haldia to boost domestic chemical production and industrial growth.

China's aniline prices hit a year-to-date high of Yuan 15,000/t by October 15, driven by tight spot supply and maintenance. However, upcoming restarts and new capacity threaten a price decline.

European HDPE spot prices rose by EUR 20-50/mt due to higher replacement and ethylene costs, while contract prices remained largely stable, with minor declines in the UK.

Jindal Paradip Port launched Phase-I of its 12.5 million tonne dry bulk cargo terminal at Paradip Port ahead of schedule, securing long-term port access for Jindal Steel's expanding manufacturing capacity.

New state guidelines ban open spice sales, prohibit adulterants like synthetic chemicals, and mandate packaging, proper storage, and valid licenses under the Food Safety and Standards Act, 2006, to ensure consumer health.

Eastern Coalfields Limited generated Rs 2.21 crore by disposing of 413.5 metric tonnes of scrap under the government's Special Campaign 6, while also improving office cleanliness and file management.

National highway project awards surged 62.9% to 2,236.3 km in the first half of FY27, while electronic toll collections rose 24.1% to 225.2 crore transactions, according to MoSPI data.

BRS leader KTR lashed out at Telangana CM Revanth Reddy, demanding a judicial probe into alleged ₹10,000 crore Singareni corruption, foreign coal imports, and high-cost power procurement scandals.

Gujarat will host a state-level workshop on October 21, 2026, to boost export competitiveness, raise FTA awareness, and enhance global market access for industries and MSMEs across priority sectors.