Indian polymer majors have announced polymer price reduction as follows:
Indian Oil Corp has announced the following price revisions with effect from 20 August 2015:
PE, PP and PVC: Price Rollover
Price protection continues for PE and PP till 1-9-15 or next price revision
Price revision by Reliance Industries Ltd. with effect from 20 Aug 2015:
Decrease in HDPE by Rs 1500, except Raffia and mono filament where decrease is by Rs 2500/MT.
Decrease in LLDPE by Rs 1500/MT.
Decrease in LDPE by Rs 2000/MT
Decrease in EVA by Rs 2000/MT.
Decrease in PP prices by Rs.3.50/kg basic
Price protection scheme has been announced with effect from August 20, 2015 until September 1, 2015 or the next price change, whichever is earlier.
MRPL has announced reduction in Polypropylene prices by Rs.1200/MT with effect from August 20, 2015
HMEL has reduced PP prices by Rs.3.5/kg and introduced new price protection with effect from August 20, 2015 to September 1, 2015 or next rate revision whichever is earlier.
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