Worldwide Polymer Price Update, Plastic News of HDPE, LDPE, PP, PVC

22-03-23

RIL PP PRICE UPDATE

Reliance - PP PRICE NO CHANGES
Effect From, 23 March 2023

RIL PVC PRICE UPDATE

Reliance - PVC PRICE NO CHANGES
Effect From, 23 March 2023

21-03-23

HMEL Announced PP Annual Relationship Scheme

FY 2023-24

Under the scheme, interested clients must register with ARS by submitting an ARS registration letter by April 20, 2023. ARS can be signed for a minimum quantity of 5 tons per month and is only applicable to all grades of polypropylene homopolymer. A corresponding amendment will be issued for PP-RCP and PP-ICP grades once our new Petchem facilities have been produced and stabilized.

For active customers, the following incentives will be available:

Monthly ARS Incentive - Rs.1.4/Kg
Annual ARS Incentive - Rs.0.6/Kg

20-03-23

Today's Indian Rupees Price Update

USD to INR Currency Convert Price on 20 March 2023

Current - ₹82.54
Opened - ₹82.54
High - ₹82.72

18-03-23

PP Middle East FOB Price of March

PP Middle East FOB Price of March.

Injection Moulding & Raffia - $ 960

HDPE: $ 990

LLDPE: $ 980

LDPE: $ 1080

Booking Duration: March'23.

Supreme GPPS Price Decreased

Supreme Decreased GPPS Price & No Change in HIPS

GPPS: Down by Rs.2/Kg

HIPS: No Change

Price Effect from 18 March 2023

IOCL Announced Multiple Price Protection Scheme On HDPE, LLDPE & PP

IOCL Company has announced multiple price protection on HDPE, LLDPE & PP Effect on 16th Mar 2023 till 1st April 2023.

17-03-23

RIL Announced PVC Price Protection Scheme

To increase purchasing confidence, the company has announced price protection of PVC grades with effect from 17th March 2023 till 1st April 2023.

S-Oil Corporation Plant Update

1) Company - S-Oil Corporation
2) Product - Ethylene facility
3) Capacity - 187 KTPA
4) Location - South Korea
5) Event Start - March 2023
6) Event End - April 2023
7) Note - Company has closed the facility for maintenance.

Current PP Indian Market Scenario

In this difficult situation, a major Chinese supplier has cut its Polypropylene (PP) export orders by USD 15/MT. Weak demand is widespread in India. As we have mentioned earlier, is the slowdown in final product sales.

Given the current price trends, the gap between local & worldwide price references is expanding, owing to lowering global prices.

16-03-23

PE PRICE DOWN

For HDPE

RIL, HMEL, BCPL - HDPE Price Decreased by Rs. 2/Kg

GAIL, IOCL, OPAL, HPCL, HALDIA - HDPE Price Decreased by Rs. 2/Kg, except HM Film by Rs.3/Kg

For LDPE

RIL - LDPE Price Decreased by Rs.3/Kg, except 4 MI & 2MI Rs.4/Kg and LDPE IM No Change

For LLDPE

RIL, GAIL, IOCL, OPAL, HPCL, BCPL, HALDIA - LLDPE Price Decreased by Rs. 3/Kg

PP PRICE DOWN

RIL, IOCL, OPAL, MRPL, HPCL, HMEL, BCPL, HALDIA - PP Price Decreased by Rs.3.5/Kg

Effect From, 16 Mar 2023

HALDIA PP & PE PRICE DECREASED

PP - Down by Rs.3.5/Kg

HDPE - Down by Rs.2/Kg, except F-5400 by Rs.3/Kg
LLDPE - Down by Rs.3/Kg

Effect Date, 16 March 2023

BCPL PP & PE PRICE DECREASED

PP - Down by Rs.3.5/Kg

HDPE - Down by Rs.2/Kg
LLDPE - Down by Rs.3/Kg

Effect From, 16 March 2023

Note: Company has announced price protection in PP, HDPE & LLDPE with effect from 16th March 2023 to 1st April 2023 or the next rate change, whichever comes first.

Today's Indian Rupees Price Update

USD to INR Currency Convert Price on 16 March 2023

Current - ₹82.69
Opened - ₹82.72
High - ₹82.94

Worldwide Polymer Price Update, Plastic News of HDPE, LDPE, PP, PVC - Plastic4trade

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