8Global butadiene demand is likely to turn the corner in the first half of 2023, with prices seen rising and export opportunities to the US set to emerge despite nagging fears of a recession

8The Cotton Corporation of India along with the textile industry and exporters will get together to ensure that the cotton farmers of India get their due in the world markets

8Blended marketing margin for petrol & diesel reached a 10-month high of Rs2.4/ltr

8Amid the strict import control regime on rubber, Sri Laka’s natural rubber prices are stabilizing

8While the world’s leading tire makers head into 2023 amid continuing global economic and geopolitical turmoil, will the sector in general be able to address the looming challenges from a position of business strength? 

8KFIL is a part of the Pune-based Kirloskar Group and manufactures pig iron and ferrous castings such as cylinder blocks, cylinder heads, transmission parts, and different types of housings required by automobile, tractor, and diesel engine industries

8MSIL is a Pune-based steel rolling mill. The company manufactures mild steel (MS) channels, angles, I-beams, H-beams, flats, RSJ (rolled steel joists) poles and round and square bars

8B S Shakti Steel Pvt Ltd manufactures stainless-steel wires and bars

8Top Glove has reported a net loss in the first quarter of its 2023 financial year but remains optimistic about longer-term prospects for its markets

Petrochem sources reported a significant fall in toluene prices in the Kandla chemical market.

N- butanol prices registered an increase in the imported market of Mumbai.

Petrochem sources reported a significant fall in IPA prices in the Kandla chemical market.

On December 16, 2022 Petrochem sources reported a cut in silver prices in the Mumbai market.

Rhodium prices were assessed lower in the Mumbai market today.

A cut in polystyrene sheet prices in the markets of Delhi and Mumbai was recorded today.

Chrome oxide prices were up in the Ahmedabad market today.

Petrochem sources reported a small cut in silica sand prices in the Ahmedabad metal market today.

Molybdenum powder prices were assessed lower in the Ahmedabad market today.

Delhi saw a cut in vanadium ironprices today.

Isophthalic acid prices were assessed much lower in the Ahmedabad market today.

Petrochem sources reported a cut in caprolactam prices in the Mumbai market.

On December 16, 2022 PVC prices in the international market remained unaffected, with prices remaining unchanged.

On December 16, 2022 the price of crude oil in NW Europe was 81.21/barrel (FOB) for Brent with a fall of $1.49/barrel.

On December 16, 2022, naphtha prices were registered to drift down in NW Europe owing to sluggish demand trends in the region.

Pine oil 32% prices in the Ahmedabad chemical market were assessed lower today.