Indian Oil Corp announces changes in domestic polymer prices

23-Sep-13

Indian Oil Corp has announced changes in domestic polymer prices with effect from September 20, 2013, as follows: HD Hi flow/LL: Rs (-) 1000/MT PP Raffia/F&F: Rs (-) 3000/MT Other PP grades: Rs (-) 2000/MT Other HD grades: Roll over Additionally: i) Cash discount has been increased to Rs 1100/MT from Rs 1000/MT ii) Trade discount of Rs 2500/MT on PE-63UV grade shall be offered on pre excise basis. For CS/RSC/0058 sales same has been adjusted in price itself. iii) Old price protection that was applicable from 16-9-13 has been withdrawn and new price protection will be applicable on PE/PP (excluding LBM, Deemed Exports and BOPP contract supplies) wef 20-9-2013 till month end or next price revision whichever is earlier.