Market News Today

Celanese restarted its Acetic Acid Plant in Pulau Sakra, Singapore, on November 24, 2025. The facility has a production capacity of 600,000 tons per year.

Indian ammonium sulfate subsidies are projected to boost import demand, according to traders. However, urea and potash imports will remain unaffected by these new subsidies.

Asian base oil prices stayed stable to slightly softer, with heavy grades under the most pressure due to oversupply and muted buying interest. Weak lubricant demand from automotive and industrial sectors, combined with abundant inventories and year-end destocking, continued to suppress spot activity. Despite refinery restarts and ongoing shipments, the overall sentiment remained weak as buyers expected further declines.

Haryana's new bio-energy hub turns stubble into profit, offering farmers ₹3,250–₹3,500/tonne with buy-back. It features a 150 KLPD ethanol plant, 10.5 TPH biomass pellet facility, creating 400 direct jobs and reducing 100,000 tonnes of CO2 annually.

Hyderabad will face a six-hour power outage from 10 am to 4 pm on November 26 due to TG Transco substation maintenance. This will partially disrupt water supply in Krishna Phase-1, 2, and 3 areas. Residents are urged to conserve water.

The Mumbai-Ahmedabad bullet train project installed its 11th steel bridge (70m, 670 tons). The 508 km corridor, costing Rs 1.08 lakh crore, aims for 2h 7m travel, with 320 km viaduct complete by Sep 2025.

Gurgaon's infrastructure projects, including road repairs and highway works, have halted due to GRAP Stage-III's construction ban. This aims to combat 'very poor' to 'severe' air quality, causing delays and resident concerns over partially dug-up stretches.

GoI Minister G Kishan Reddy announced Modi and Amit Shah's vision for J&K as a mineral state. Seven limestone blocks, covering 314 hectares in Anantnag, Rajouri, and Poonch, were e-auctioned to boost employment and industrial growth.

Agra Nagar Nigam re-issued a tender for a 7.5 MW grid-connected solar power plant in Uttar Pradesh after cancelling the previous one. The project, under capital expenditure mode for five years, seeks bidders for full development responsibilities.

CM Fadnavis plans Mumbai's 5-7 year transformation with parallel roads, a 'Patal Lok' tunnel, and 50 Kms of metro annually for 4 years. This aims to decongest 60% of Western Expressway traffic and boost city speed.