Market News Today

India proposes $54–$366/MT anti-dumping duties on PET film imports from China, Thailand, and Bangladesh, while Haldia Petrochemicals and Primo Chemicals advance key capacity and supply projects.

India has tightened import permits for industrial and dual-use chemicals like acrylonitrile, with permits remaining valid for one to three years depending on registration.

India's DGTR has initiated a sunset review of antidumping duties on TDI imports from China, Japan, and South Korea following domestic producers' concerns over financial losses and excess Asian capacity.

Heraeus has integrated its Indian facility into its global precious metal catalysts manufacturing network, expanding its range of powder and shaped carbon-supported catalysts.

Asian LLDPE prices showed mixed trends, with steady rates in Far East and Southeast Asia due to holidays, while South Asian markets rose on higher freight costs and import offers.

Gujarat's plastic manufacturing units are cutting production, operating below 50% capacity, as polymer prices double due to higher crude costs, threatening working capital and potential factory closures.

Ghana plans to apply for BRICS membership and deepen cooperation with India in railways, pharmaceuticals, digital technology, defense, and agriculture to expand its geopolitical and economic partnerships.

India established the Integrated Transport & Logistics Authority to decarbonize supply chains, cutting logistics costs to 8-10 percent of GDP and targeting net-zero emissions by 2070.

At India ITME 2026, Barmag will showcase next-generation technologies like POY 2.0, atmos.io, and eFK EvoSmart, aiming to cut energy use by up to 25% and reshape man-made fiber production.

The Union Government approved Green Energy Corridor Phase III with an outlay of ₹1.86 lakh crore, aiming to evacuate 135 GW of renewable energy and add 50 GWh of battery storage by FY2033.