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Manmade fibre exporters flag concerns arising from West Asia conflict

Manmade fibre exporters flag concerns arising from West Asia conflict

India's Russian Crude Imports Jump 90% in March After U.S. Waiver

India's Russian Crude Imports Jump 90% in March After U.S. Waiver

OPEC+ likely to weigh further oil output hike on Sunday, sources say

OPEC+ likely to weigh further oil output hike on Sunday, sources say

India Passes on Iranian Oil as Sanctioned Tanker Redirects to China

India Passes on Iranian Oil as Sanctioned Tanker Redirects to China

West Asia crisis: Govt discusses ways to scale up production of induction heater

West Asia crisis: Govt discusses ways to scale up production of induction heater

Trump Says US Could ‘Take the Oil’ in Hormuz Push

Trump Says US Could ‘Take the Oil’ in Hormuz Push

Cuba Frees 2,000 Prisoners Amid Oil Supply Crunch

Cuba Frees 2,000 Prisoners Amid Oil Supply Crunch

Canada’s Synthetic Crude Soars 200% as War Chokes Diesel Supply

Canada’s Synthetic Crude Soars 200% as War Chokes Diesel Supply

Russia's oil and gas revenue down 43% y/y in March, finance ministry says

Russia's oil and gas revenue down 43% y/y in March, finance ministry says

Chinese airlines to raise fuel surcharges on domestic flights

Chinese airlines to raise fuel surcharges on domestic flights

India’s Russian oil imports surge 90% amid Hormuz disruption

India’s Russian oil imports surge 90% amid Hormuz disruption

Iran war could make beer and bottled water pricier for Indians

Iran war could make beer and bottled water pricier for Indians

Iran war will debilitate petrochemicals for the rest of 2026

Iran war will debilitate petrochemicals for the rest of 2026

From medicines to packaging, how duty cut on petrochemicals will ease everyday prices

From medicines to packaging, how duty cut on petrochemicals will ease everyday prices

Breaking the cycle of energy shocks: India’s renewable opportunity

Breaking the cycle of energy shocks: India’s renewable opportunity

India waives customs duty on key petrochemicals amid US–Iran conflict. Full list | India News

India waives customs duty on key petrochemicals amid US–Iran conflict. Full list | India News

Venezuelan crude exports surge to 6-year high as India fills China gap

Venezuelan crude exports surge to 6-year high as India fills China gap

Fuel Prices Today [2 April, 2026]: Petrol, Diesel Steady at ₹94.77/L and ₹87.67/L in Delhi; Global Crude Retreats to $100 as Hormuz Crisis Eases | Check City-Wise Rates

Fuel Prices Today [2 April, 2026]: Petrol, Diesel Steady at ₹94.77/L and ₹87.67/L in Delhi; Global Crude Retreats to $100 as Hormuz Crisis Eases | Check City-Wise Rates

EU launches first expiry review of AD duties on China’s aluminum extrusions

EU launches first expiry review of AD duties on China’s aluminum extrusions

Import Pressure Persisted, and Shanghai Spot Copper Discounts Continued to Weaken [SMM Shanghai Spot Copper]

Import Pressure Persisted, and Shanghai Spot Copper Discounts Continued to Weaken [SMM Shanghai Spot Copper]

Latest Market News

Daily Report News

OfBusiness Chemicals Dailies | 29th November 2023

OfBusiness Chemicals Dailies | 29th November 2023

The cost of Ethyl Acetate recently rose by Rs.1/kg due to an increase in Acetic Acid prices. Presently, Ethyl Acetate prices stand at Rs.81.50++ Ex Bharuch and Rs.80++ Ex Maharashtra. Large-scale deals are being struck at Rs.78-79++ Ex Plant.

OfBusiness Sugar Dailies | 29th November 2023

OfBusiness Sugar Dailies | 29th November 2023

In Tamil Nadu, sugar prices remained stable between Rs. 3775-3875/quintal. In UP's eastern, western, and central zones, rates fluctuated between Rs. 3830-3935/quintal. Gujarat and Karnataka saw a decrease of Rs. 10/quintal. Raipur's rates remained unchanged, staying in the range of Rs. 4010-4100/quintal.

OfBusiness Stainless Steel Dailies | 29th November 2023

OfBusiness Stainless Steel Dailies | 29th November 2023

Stainless Steel

Nickel opened 0.96% higher at $16,890/ton. Rimjhim's 304 CR 2B at Rs.197/kg. Jindal's 304 HR N1 at Rs.190/kg. Demand noted in 316L HR and 304 CR & HR. Jindal Stainless raised JT prices; Rimjhim Ispat is yet to adjust.

OfBusiness Coffee Dailies | 29th November 2023

OfBusiness Coffee Dailies | 29th November 2023

In Chennai Port, the prices for various coffee grades: Robusta G1(18-16) is priced at $3010/ton, Robusta G2(16-14) at $2905/ton. Robusta G3(14-12) at $2785/ton and Arabica at $5440/ton. London futures concluded at $2,541.00, reflecting a 0.07% decrease.

OfBusiness Petroleum Dailies | 29th November 2023

OfBusiness Petroleum Dailies | 29th November 2023

Energy & Petroleum

Brent crude futures gained 33 cents, or 0.4%, at $82.01 a barrel at 0127 GMT. U.S. West Texas Intermediate (WTI) crude futures climbed 45 cents, or 0.6%, to $76.86 a barrel. MCX Crude oil prices opened at 6388 with a fall of 0.39%.

Shandong Aims to Resume Butadiene Production in China by December

Shandong Aims to Resume Butadiene Production in China by December

Shandong, a leading Chinese petrochemical producer, plans to restart its 100,000 tons per annum butadiene production in its Shouguang facility this December, after a temporary shutdown for maintenance started in November.

Production of ethanol from maize to be promoted through various multidepartment...

Production of ethanol from maize to be promoted through various multidepartment...

The Indian National BioFuel Coordination Committee plans to promote ethanol production from maize, collaborating with the departments of agriculture and food and public distribution. Anticipating maize farming growth, the approach benefits maize cultivation expansion.

Iran Sees Less Income From Oil And Gas Exports In The Coming Year

Iran Sees Less Income From Oil And Gas Exports In The Coming Year

Energy & Petroleum

Hellenic Shipping News

Iran's 2024-2025 draft budget indicates a sharp decrease in oil and gas export earnings and a rise in domestic energy prices, pointing to potential economic challenges ahead.

Sri Lanka Approves $4.5 Billion Chinese Refinery

Sri Lanka Approves $4.5 Billion Chinese Refinery

Energy & Petroleum

Sri Lanka approves a $4.5 billion petroleum refinery plant in Hambantota port by China's Sinopec. This investment, the largest in Sri Lanka, is poised to significantly enhance the country's energy sector.

Brazil’s Grepar to take legal action against Petrobras after refinery sale cancelled

Brazil’s Grepar to take legal action against Petrobras after refinery sale cancelled

Energy & Petroleum

Brazil's Grepar is set to sue Petrobras following a halted refinery sale, potentially impacting oil prices. The outcome may influence India's crude oil import strategy, affecting commodity markets and consumer prices.

Raw Materials Prices

Secondary TMT

Fe 500

10-25 mm

EX - Bangalore

Secondary TMT

Fe 500

10-25 mm

EX - Jalna

Secondary TMT

Fe 500

10-25 mm

EX - Chennai

Secondary TMT

Fe 500

10-25 mm

EX - Raigarh

Secondary TMT

Fe 500

10-25 mm

EX - Muzaffarnagar

Secondary TMT

Fe 500

10-25 mm

EX - Jaipur

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