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OfBusiness Polymer Daily Market Report | 27th July 2024
Polymer
Daily Market Report
27 July

OfBusiness Polymer Daily Market Report | 27th July 2024

LDPE prices are around (±0) Rs.121/kg Ex Mundra/Bhiwandi. HDPE PE100 Natural (±0) Rs.95.5/kg Ex Mundra/Bhiwandi. HDPE PE100 Black (±0) Rs.96.5/kg Ex Mundra/Bhiwandi. HDPE HM (±0) Rs.95/kg Ex Mundra/Bhiwandi. HD Blow Molding (±0) Rs.94/kg Ex Mundra/Bhiwandi.
OfBusiness Petroleum Daily Market Report | 27th July 2024
Petroleum
Daily Market Report
27 July

OfBusiness Petroleum Daily Market Report | 27th July 2024

Brent crude futures for September rose 7 cents to $82.44 a barrel by 0014 GMT. U.S. West Texas Intermediate crude for September increased 4 cents to $78.32 per barrel. MCX Crude oil prices opened at 6576 with a rise of 0.06%.
OfBusiness Flat Steel Daily Market Report | 27th July 2024
MS Flats
Daily Market Report
27 July

OfBusiness Flat Steel Daily Market Report | 27th July 2024

The flat steel market remains stable. Demand for hot-rolled plates is subdued, causing prices to drop as suppliers manage excess inventory. The Ministry of Steel launched a new portal to enhance import transparency. HR plate prices depend on economic recovery and sector demand.
OfBusiness Primary TMT Daily Market Report | 27th July 2024
Primary TMT
Daily Market Report
27 July

OfBusiness Primary TMT Daily Market Report | 27th July 2024

Primary TMT prices are stable. Demand is weak due to rain and price uncertainty. Mills negotiate lower prices to clear stock. India's steel industry seeks government aid against cheap imports, with JSW Steel expanding operations. TMT prices may drop next month.
OfBusiness Chemicals Daily Market Report | 27th July 2024
Chemicals
Daily Market Report
27 July

OfBusiness Chemicals Daily Market Report | 27th July 2024

Accordd Organics, the largest single-location Ethyl Acetate manufacturer in India, has increased its prices by Rs.2/kg due to a sharp rise in feedstock costs. The new price is Rs.68/kg Ex-Ahmed Nagar for spot dispatches with advance payment terms.
OfBusiness Chemicals Daily Market Report | 26th July 2024
Chemicals
Daily Market Report
26 July

OfBusiness Chemicals Daily Market Report | 26th July 2024

GNFC has increased its acetic acid prices by Rs.1/kg, setting the new price at Rs.37/kg Ex-Bharuch. Current domestic prices stand at Rs.36.75/kg Ex-Kandla (+Rs.0.5/kg) and Rs.37/kg Ex-Mumbai. Trader offers are at Rs.37.5/kg Ex-Kandla and Rs.38-38.5/kg Ex-Mumbai.
OfBusiness Petroleum Daily Market Report | 26th July 2024
Petroleum
Daily Market Report
26 July

OfBusiness Petroleum Daily Market Report | 26th July 2024

Brent crude futures for September rose 7 cents to $82.44 a barrel by 0014 GMT. U.S. West Texas Intermediate crude for September increased 4 cents to $78.32 per barrel. MCX Crude oil prices opened at 6576 with a rise of 0.06%.
OfBusiness Polymer Daily Market Report | 26th July 2024
Polymer
Daily Market Report
26 July

OfBusiness Polymer Daily Market Report | 26th July 2024

PP Raffia (-1) Rs.98.5/kg levels Ex Godown. PP Film ( -1) Rs.101.5/kg levels Ex Godown. PP CP ( -1) Rs.100.5/kg levels Ex Godown. PP Lamination (-0.50) Rs.104/kg levels Ex Godown. LLDPE (±0) Rs.89.5/kg Ex Mundra/Bhiwandi.
OfBusiness Flat Steel Daily Market Report | 26th July 2024
MS Flats
Daily Market Report
26 July

OfBusiness Flat Steel Daily Market Report | 26th July 2024

The flat steel markets reported no price changes. Weak demand has led to lower HR plate prices. Indian steelmakers urge government action against rising imports. The outlook of HR plate prices depends on economic recovery and demand patterns.
OfBusiness Primary TMT Daily Market Report | 26th July 2024
Primary TMT
Daily Market Report
26 July

OfBusiness Primary TMT Daily Market Report | 26th July 2024

Prices of primary TMT remained stable today after a Rs 4,500-5,000/ton decline in July. Demand is low due to rainfall and price uncertainty. Future demand depends on monsoon patterns and primary and secondary segment prices.

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