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Indian producer lowers domestic PVC, PP, PE prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 20/11/2014 (13:30)
According to a distributor, a major Indian producer has announced decreases on their prices for PVC, PP, HDPE and LLDPE. The producer reportedly lowered their prices by INR2000/ton ($33/ton) for PVC while reducing their prices for PP, HDPE and LLDPE by INR4000/ton ($65/ton).

The distributor added the producer has also implemented price protection on their prices effective up to December 1 or their next price adjustment, whichever comes first. Under the price protection plan, the producer will apply retroactive discounts on their deals should prices witness further decreases for the remainder of the month.

The distributor reported receiving offers for domestic PVC k64-65 and k67-68 at INR65000/ton ($1060/ton) ex-warehouse India, cash.
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