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iii) Old price protection that was applicable from 16-9-13 has been withdrawn and new price protection will be applicable on PE/PP (excluding LBM, Deemed Exports and BOPP contract supplies) wef 20-9-2013 till month end or next price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.
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