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Antitrust watchdog probes 4 petrochemical firms over alleged price-fixing

Antitrust watchdog probes 4 petrochemical firms over alleged price-fixing

Korea's antitrust watchdog is probing four major petrochemical firms, including LG Chem and Hanwha Solutions, over alleged price-fixing of PVC and plasticizers. Investigations are ongoing amid concerns over rising consumer prices.
COMMODITY TRACKER: 5 chart to watch this week

COMMODITY TRACKER: 5 chart to watch this week

China's crude imports hit a 45-month low due to Middle East disruptions. Sulfur prices doubled. Indonesian aluminum exports, Indian rice prices, and US beef trimming imports are also under watch this week.
PODCAST: Sustainably Speaking – Recycling markets face short-term strain despite long-term optimism

PODCAST: Sustainably Speaking – Recycling markets face short-term strain despite long-term optimism

Recycling markets face short-term strain from weak demand, Middle East disruptions, and regulatory uncertainty, despite persistent long-term investment and optimism towards 2030 targets, as highlighted at PRSE 2026.
Japan’s Oil-Linked Costs Are Hitting Store Shelves Faster

Japan’s Oil-Linked Costs Are Hitting Store Shelves Faster

Japan sees oil-linked packaging costs hit shelves in two months, raising prices like tofu from 220 to 250 yen. Shipping disruptions cause supply stress, leading to contract risks and faster retail price adjustments.
LPG Prices Impact Urban Household Energy Costs

LPG Prices Impact Urban Household Energy Costs

LPG price fluctuations in Indian cities are impacting urban household energy costs, commercial establishments, and real estate. This reflects global crude volatility, affecting affordability, public health, and sustainability goals.
China 'squeezed' $650 billion from the seven strongest countries in the world

China 'squeezed' $650 billion from the seven strongest countries in the world

China's expanding industrial policy risks $650 billion (12%) of G7 industrial exports by 2030, impacting automotive, machine engineering, and chemical sectors. Beijing strengthens global supply chain control, leading in high-tech like AI and batteries.
India approves coal gasification plan to endure ME war crunch

India approves coal gasification plan to endure ME war crunch

India approved a $3.92 billion coal gasification plan to boost energy security and reduce reliance on imported fuels amid the Middle East war. It aims to gasify 100 million tonnes of coal by 2030, diversifying coal use and cutting fertilizer imports.
Imported Chemical Prices Rise as Chinese Offers Firm and Rupee Weakens

Imported Chemical Prices Rise as Chinese Offers Firm and Rupee Weakens

Imported chemical prices are rising due to firm Chinese offers and the Indian rupee's record low. Buyers anticipate stronger pricing through May, urged to secure inventory early to avoid further cost escalation.
Polymer Prices Set for Sharp Upside as Chinese Offers Firm and Rupee Hits Record Low

Polymer Prices Set for Sharp Upside as Chinese Offers Firm and Rupee Hits Record Low

Polymer prices (PE, PVC, PP, PET) are gaining momentum due to firm Chinese offers and a weak Rupee. Bullish sentiment expects further domestic price increases in May, urging early inventory securing.
India’s Coal Gasification Incentive Scheme V-KALP Explained

India’s Coal Gasification Incentive Scheme V-KALP Explained

India's V-KALP scheme, a ₹37,500 crore coal gasification incentive, targets ₹30 trillion investment and 100 million tonnes capacity by 2030. It aims to reduce import dependency on chemicals like methanol and ammonia, fostering self-reliance and cleaner coal utilization.

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