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Players: Indian producer lowers local PVC, PE, PP prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/12/2014 (12:53)
According to players in India, a domestic producer implemented further decreases on their local PVC, PP and PE prices. The producer reduced their prices by INR5000/ton ($79/ton) for PVC, by INR2000-3000/ton ($32-47/ton) for all HDPE and LDPE grades, by INR4000/ton ($63/ton) for LLDPE, and by INR5500/ton ($87/ton) for PP effective as of December 18.

The players stated that the producer has renewed their price protection effective from December 18 up to January 1 or their next price adjustment, whichever comes first. Their previous price protection plan was withdrawn along with the release of their latest price adjustments.
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