Upward revision announced in polymer prices in India

01-Sep-05
As per market expectations, polymer prices have seen a northwards movement. Reliance Inds and IPCL have announced an upward price revision wef Sept 1, 2005 PP prices have increased by Rs 2.50 per kg on basic LDPE prices have increased by Re 1 per kg on basic across all grades LLDPE prices have increased by Re 1.25 per kg on basic HDPE prices have increased by Re 1 per kg on basic PVC prices have increased by Rs 2 per kg on basic Internationally, HDPE prices have seen an increase of US$30-40. LLDPE prices have increased by US$15 and PP prices are up by US$5
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