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

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

Chinese airlines to raise fuel surcharges on domestic flights

Chinese airlines to raise fuel surcharges on domestic flights

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

India Passes on Iranian Oil as Sanctioned Tanker Redirects to China

India Passes on Iranian Oil as Sanctioned Tanker Redirects to China

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

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

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

Manmade fibre exporters flag concerns arising from West Asia conflict

Manmade fibre exporters flag concerns arising from West Asia conflict

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

Visakhapatnam Port handles 91.17 mt in FY26, posts 10.34% growth

Visakhapatnam Port handles 91.17 mt in FY26, posts 10.34% growth

ADNOC Chief Urges Global Action as Iran Chokes Hormuz Energy Flows

ADNOC Chief Urges Global Action as Iran Chokes Hormuz Energy Flows

China says US-Israeli strikes 'root cause' of Starit of Hormuz disruption

China says US-Israeli strikes 'root cause' of Starit of Hormuz disruption

40% of Russia's Baltic Oil Export Capacity Offline as Gasoline Ban Widens

40% of Russia's Baltic Oil Export Capacity Offline as Gasoline Ban Widens

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 | 19th July 2023

OfBusiness Chemicals Dailies | 19th July 2023

In the local market, importers have reduced the price of N-Butanol by Rs.2/kg, now priced at Rs.80++ Ex Kandla with a credit term of 60 days. Traders are offering N-Butanol at Rs.81++ Ex Kandla with a credit term of 90 days.

OfBusiness Copper Dailies | 19th July 2023

OfBusiness Copper Dailies | 19th July 2023

LME copper closed at $8,466/MT (-0.31%), now trading at $8,429/MT (-0.51%). SHFE 2307 Copper settled at 68,430 yuan/MT, trading at 68,470 Yuan/MT (+0.06%). MCX copper closed at Rs. 724.95/Kg (-0.17%), now at Rs. 722.80/Kg (-0.27%).

OfBusiness Coffee Dailies | 19th July 2023

OfBusiness Coffee Dailies | 19th July 2023

Coffee prices at Chennai Port: Robusta G1 (18-16 grade) at $2860/MT, Robusta G2 (16-14 grade) at $2770/MT, Robusta G3 (14-12 grade) at $2690/MT, and Arabica at $5035/MT. Uneven coffee price settlement due to rain-related concerns in Brazil impacting Arabica, while robusta supply constrained, affecting prices.

OfBusiness Polymer Dailies | 19th July 2023

OfBusiness Polymer Dailies | 19th July 2023

Polymers & Packaging

PP prices have experienced a consistent upward trend in the past week, showing a daily increase. Domestic prices for PP Raffia range from Rs.88.5-89.5/kg levels Ex Godown. Domestic prices for PP Film range from Rs.91.5-92.5/kg levels Ex Godown.

China’s Steel Sheet and Plate Exports up 26.5% in H1, Down in June

China’s Steel Sheet and Plate Exports up 26.5% in H1, Down in June

China's Steel sheet/plate exports in January-June increased by 26.5% YoY, reaching 28.18 million tons. However, the growth rate slowed compared to the first five months. Lower export volumes in June indicate a demand slowdown from April and May.

Steel Dropped as Traders Weighed a Mixed Bag of Economic Data from China

Steel Dropped as Traders Weighed a Mixed Bag of Economic Data from China

Steel settled down by -0.18% at 44900 as traders assessed mixed economic data from China. June's output exceeded expectations. People's Bank of China hinted at targeted monetary policy and potential stimulus, which could drive restocking and increase Steel demand.

EU chemical production to decline by about 8% in 2023: Cefic

EU chemical production to decline by about 8% in 2023: Cefic

Indian Chemical News

EU27 chemical production is expected to decline by about 8% in 2023 compared to the previous year, with no imminent recovery of chemical demand in Europe, predicts Cefic. This outlook applies to nearly all segments of the business.

Betting on India's Growth, Top Steel Firms in Midst of Big Expansion Plans

Betting on India's Growth, Top Steel Firms in Midst of Big Expansion Plans

Vedanta announced strategic review of its steel business, exploring options like sale. Signs were evident, with capacity at 3 mt. Approaches made to steel players in the past year.

1338

US Shale Oil/Natgas Output Set To Fall For First Time Since Dec. -Eia

US Shale Oil/Natgas Output Set To Fall For First Time Since Dec. -Eia

Energy & Petroleum

Hellenic Shipping News

US shale oil and natural gas production is projected to decrease for the first time since December, according to EIA data. This could impact India's import strategy and domestic fuel prices.

Amid Supply Concerns, Indian Crude Basket Rises 4% In July

Amid Supply Concerns, Indian Crude Basket Rises 4% In July

Energy & Petroleum

India's crude basket price rose 4% in July due to international supply concerns. This upsurge has significant implications, potentially leading to higher retail fuel prices, affecting inflation and public sentiment.

1257

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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