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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

Week 18 Of 2023: Indian Steel Industry Plummets, Will Traders See a Turn-Around?

Week 18 Of 2023: Indian Steel Industry Plummets, Will Traders See a Turn-Around?

The Indian Steel industry faced challenges as prices dipped and demand weakened. Semi-Finished prices continued to fall, while the TMT market lacked nationwide interest. Flat Steel remained steady but had limited buyer engagement, leading to a slower market.

1669

Processing Units to be Set up by CWC in State

Processing Units to be Set up by CWC in State

The Central Warehousing Corporation (CWC) plans to establish processing facilities in Andhra Pradesh and Telangana to boost farmers' earnings. After setting up a turmeric processing plant in Guntur, CWC may create more facilities and a brand to promote processed products, potentially increasing revenue by 30%.

The Future of Feni

The Future of Feni

Feni liquor is being rebranded as a premium spirit through modern distillation, packaging, and export initiatives. Challenges include standardization and labor scarcity, but success could boost international recognition, cashew production, and benefit the Goan economy.

India’s Steel Imports Seen Moderating, But ‘Net Steel Importer’ Tag a Possibility

India’s Steel Imports Seen Moderating, But ‘Net Steel Importer’ Tag a Possibility

India's Steel imports expected to decrease in FY24, however, still exceed exports due to high local demand. In FY23, imports surged 29% to 6.02 million tons. Steel imports in April 2023 rose 38.2% to 460,000 tons, says ICRA data.

OfBusiness Petroleum Dailies

OfBusiness Petroleum Dailies

Energy & Petroleum

Brent crude was up 0.01%, to $75.26 a barrel at 0250 GMT, while U.S. West Texas Intermediate was up 30 cents, or 0.10%, at $71.32 a barrel after four straight days of losses.

Ukraine Exports Over 42.4Mt of Grains, Pulses

Ukraine Exports Over 42.4Mt of Grains, Pulses

In the current marketing year, Ukraine exported 42.477 million tonnes of grains and legumes, including a significant amount of pulses. From July 2021 to May 11, 2022, the country's pulse exports increased, reaching a total of 46.168 million tonnes.

1048

Erratic weather takes a toll on rabi crop yields

Erratic weather takes a toll on rabi crop yields

Erratic weather has harmed rabi crops like wheat and mustard, constituting nearly 70% of India's winter food-grain basket, reducing yields and impacting farmers' income.

CACP recommends hike in sugarcane FRP by Rs 10/quintal for 2023-24...

CACP recommends hike in sugarcane FRP by Rs 10/quintal for 2023-24...

CACP suggests a 3.3% hike in sugarcane price to Rs 315/quintal for 2023-24. The Cabinet will decide this month, aiming to boost ethanol blending to 15% and encourage cultivation. Sugar output may drop to 32.8 mt from 35.76 mt.

Indian edible oil industry body asks producers to cut prices

Indian edible oil industry body asks producers to cut prices

The Solvent Extractors Association of India has advised its members to reduce retail and wholesale prices of edible oils in line with global markets.

TPE Made with 50% PCR Derived from End-of-Life Tires

TPE Made with 50% PCR Derived from End-of-Life Tires

Polymers & Packaging

Plastics Technology

Prism Worldwide has developed a thermoplastic elastomer (TPE) made of 50% post-consumer recycled content derived from end-of-use tires while maintaining the look, feel, and processing of a typical petrochemically derived TPE.

1850

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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