IOCL Announces Special Incentive Scheme for PE Grades in November 2024

Indian Oil Corporation Limited (IOCL) has declared special incentive amounts for various polyethylene (PE) grades for November 2024. The incentives are applicable based on the percentage of APP lifting by buyers. Incentive Details: A. LL Film and Drip Grades APP Lifting ≥ 75%: ₹1,000/MT APP Lifting ≥ 100%: ₹1,500/MT APP Lifting ≥ 120%: ₹2,000/MT B. Other LLDPE Grades APP Lifting ≥ 75%: ₹1,000/MT APP Lifting ≥ 100%: ₹1,250/MT APP Lifting ≥ 120%: ₹1,500/MT C. HDPE Pipe, GPBM, MBM, HM Film APP Lifting ≥ 75%: ₹2,000/MT APP Lifting ≥ 100%: ₹2,500/MT APP Lifting ≥ 120%: ₹3,000/MT D. Other HDPE Grades APP Lifting ≥ 75%: ₹1,500/MT APP Lifting ≥ 100%: ₹2,000/MT APP Lifting ≥ 120%: ₹2,500/MT