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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 Aluminium Dailies

OfBusiness Aluminium Dailies

Aluminium prices may slightly decrease in May due to Indian producers reducing prices in line with LME prices. Production in Yunnan expected to resume in June, while costs are decreasing. Positive drivers include completion and export data.

OfBusiness Secondary TMT Dailies

OfBusiness Secondary TMT Dailies

The secondary TMT market remained dull and prices declined by Rs. 500/t. Market participants are awaiting for primary mill's price revision announcement for this month. The secondary TMT offers in Raipur stood at Rs. 48,000-48,500/ton ex-plant.

1542

Milk Import Ban May be Lifted to Prevent Shortages

Milk Import Ban May be Lifted to Prevent Shortages

The Kathmandu Post

Nepal's government may lift import restrictions on fluid milk for two months to address a 300-350 tonne daily shortage. Importing 120 tonnes daily could meet demand and allow processing into other products. Last year, a similar move only yielded 800 tonnes due to Indian shortages.

2045

20pc Customs Duty, RD on Import of Edible Oils, Oilseeds proposed

20pc Customs Duty, RD on Import of Edible Oils, Oilseeds proposed

Business Recorder

Pakistan's National Oilseed Policy proposes a 20% customs and regulatory duty on oilseed and edible oil imports to achieve 60% self-sufficiency by 2033-34. The policy may impose further duties for local grower profitability and increase cess rates for revenue generation.

Russia’s oil and gas budget revenue drops sharply in April

Russia’s oil and gas budget revenue drops sharply in April

Energy & Petroleum

Hellenic Shipping News.

Russia's federal budget revenues from oil and gas decreased by 64% in April YoY due to higher subsidies to oil refineries.

1560

Turkey discovers 1 bln barrels of oil in southeast field

Turkey discovers 1 bln barrels of oil in southeast field

Energy & Petroleum

Hellenic Shipping News.

Turkey's state-run oil company TPAO announced the discovery of 1 billion barrels of oil in a field in the southeast province of Sirnak, the largest onshore oil find in the country.

After OPEC Surprise Cuts, Benzoic Acid Prices Likely to Increase Globally

After OPEC Surprise Cuts, Benzoic Acid Prices Likely to Increase Globally

Global Benzoic Acid prices are expected to rise in May 2023 due to consistent supply and demand dynamics in the domestic market and increased upstream Crude Oil prices.

1374

Maharashtra: Record number of sugar mills participate in crushing operations this...

Maharashtra: Record number of sugar mills participate in crushing operations this...

A record number of 210 sugar mills participated in cane crushing operations in Maharashtra, India this season, producing 105.31 lakh tonnes of sugar, a decrease from 127.53 lakh tonnes produced in the previous year.

JSW Energy arm signs PPA for 300 MW wind power project in Maharashtra

JSW Energy arm signs PPA for 300 MW wind power project in Maharashtra

Energy & Petroleum

JSW Renew Energy has signed a 25-year Power Purchase Agreement PPA with Solar Energy Corporation of India for a 300 MW wind power project in Maharashtra, part of SECI Tranche-XII

Steel trade dips on expectations of price cuts

Steel trade dips on expectations of price cuts

The Economic Times

Activity in India's Steel market has slowed as buyers hold off purchasing in anticipation of price drops. The market is already trading below primary Steel mills' listed prices; there are expectations that mills will mark down prices.

1278

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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