16 Jul 2026
India’s domestic petrochemical and processing sectors face an immediate shift in landed raw material costs following the official expiration of the temporary zero-duty import window.
Global crude benchmarks recorded marginal gains on Wednesday as softer-than-expected US inventory draws countered intensifying military exchanges in the Middle East.
US commercial crude inventories fell by 1.7 million barrels in the week ending July 10, lowering total stocks to 409.7 million barrels as refiners accelerated operations and imports held steady.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 16 July 2026 session with the following settlements.
15 Jul 2026
The rally has been driven mainly by an unusually early peak season rather than fuel costs. Frontloading ahead of transpacific tariff changes, combined with Hormuz-linked cost pressures prompting early east-west bookings
Global crude benchmarks extended gains on Tuesday to settle at one-month highs, as the enforcement of a US naval blockade and retaliatory attacks on shipping infrastructure intensified global supply anxieties.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 15 July 2026 session with the following settlements.
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