Less availability of the PP and PE materials in Indian polymer market results in producers price hike – 14 Jul 2014

 Indian polymer market is seeing strong demand of PP and PE materials and  stocks are  less so buyers are moving to imported material and due to prevailing demand situation domestic producers are increasing prices of the material.
 

 Traders in different cities with whom indianpetrochem discussed today about market trend they told  that stocks of the  PP, LLDPE and HDPE materials are less in the market. and producers are increasing material prices  however demand is still strong in the market and buyers were moving to imported material  if this situation persist then prices of imported material will rise by imported manufacturer in near future.

On, 14 July 2014, The raffia grade of PP and The B.M. grade of HDPE closed at 122-123 Rs/Kg and 128-129 Rs/Kg respectively in The Mumbai market.