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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

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

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

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

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

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

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 Shrimps Dailies | 7th July 2023

OfBusiness Shrimps Dailies | 7th July 2023

Shrimp prices in India remain unchanged with 38-40 count at Rs.340/Kg and 48-50 count at Rs.310/Kg. The shrimp culture sector is having a challenging year, while Vietnam's exports decline due to various factors. Unsustainable aquaculture methods pose risks to the environment and industry.

India's Coal Import's (April-June) 2023

India's Coal Import's (April-June) 2023

India's coal imports witnessed a noticeable decline in June 2023, with a double-digit drop compared to the same month last year. This downward trend reflects potential shifts in energy dynamics and highlights the changing landscape of the country's coal import industry.

1590

OfBusiness SS Scrap Dailies | 7th July 2023

OfBusiness SS Scrap Dailies | 7th July 2023

Stainless Steel

Stainless Steel Scrap prices remain stable. Shortages of 316L and bundled 304 Scrap, abundant supply of 400 series Scrap. Global Scrap supply expected to tighten.

OfBusiness Structure Dailies | 7th July 2023

OfBusiness Structure Dailies | 7th July 2023

The Primary Structure market remained stable since last month. While, secondary market witnessed a slight decline last week, primarily due to changes in raw material costs. The primary and secondary Structures offers stand at Rs. 57,500/ton and Rs. 52,500/ton.

OfBusiness Stainless Steel Dailies | 7th July 2023

OfBusiness Stainless Steel Dailies | 7th July 2023

Stainless Steel

Nickel and Copper prices increased, while the Indian rupee weakened. Stainless Steel prices varied, with demand in specific categories. Surplus supply and market factors impact Nickel prices.

OfBusiness Coffee Dailies | 7th July 2023

OfBusiness Coffee Dailies | 7th July 2023

Coffee prices at Chennai Port: Robusta G1 (2845 USD/MT), Robusta G2 (2755 USD/MT), Robusta G3 (2675 USD/MT), Arabica (5075 USD/MT). Brazil's coffee harvest progress surpassed last year's rate. Fair Trade USA implements freeze on minimum prices. Robusta prices expected to decrease further.

OfBusiness Flat Steel Dailies |7th July 2023

OfBusiness Flat Steel Dailies |7th July 2023

The Flat Steel market remained stable yesterday. The HRC, CRC and PM Plates prices stood at around Rs. 56,500/ton, Rs. 61,000/ton and Rs. 61,500/ton ex-NCR/Delhi, respectively.

OfBusiness Chemicals Dailies | 7th July 2023

OfBusiness Chemicals Dailies | 7th July 2023

The price of domestic Methanol has dropped after a week of increase due to a pessimistic market outlook. Importers have lowered the price of Methanol by Rs.0.25/kg to Rs.23.25++ Ex Mumbai and Kandla, with cash payment terms.

OfBusiness Sugar Dailies | 7th July 2023

OfBusiness Sugar Dailies | 7th July 2023

The rate in areas of Punjab is down by Rs.10/quintal. The rate in areas of Haryana remained stable. The rate in areas of Tamil Nadu remained stable ranging between Rs.3615-3750/quintal. The rate in areas of Gujarat remained stable ranging between Rs.3511-3731/quintal.

Basmati Blues: India's Rice Exports At Risk In Iranian Market

Basmati Blues: India's Rice Exports At Risk In Iranian Market

India's basmati rice exports to Iran face a potential risk. The issue stems from payment settlement delays caused by Iran's depleted reserves of Indian rupees. To overcome this setback, India must explore alternative markets and establish secure payment mechanisms to ensure continued success in exports.

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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