Polymer Price Cut: Major Producers Slash PE Prices by ₹2,000/MT; PP Prices Remain Steady

Leading polymer manufacturers including Reliance Industries Limited (RIL), OPaL, Haldia Petrochemicals, and Indian Oil Corporation (IOCL) have announced a reduction in polyethylene (PE) prices effective from 17th April 2025. Meanwhile, polypropylene (PP) prices have largely been rolled over. Key Highlights: ? Reliance Industries Limited (RIL): HDPE & LLDPE: Prices decreased by ₹2,000/MT. LDPE: Prices rolled over. PP (Domestic): Prices rolled over. PP (Deemed Export): BOPP grades: Prices rolled over. TQ grades: Prices decreased by ₹1,000/MT. Other PP grades: Prices decreased by ₹1,500/MT. ? OPaL: HDPE & LLDPE: Prices decreased by ₹2,000/MT. PP: Prices rolled over. ? Haldia Petrochemicals: HDPE & LLDPE: Prices decreased by ₹2,000/MT. PP: Prices rolled over. ? Indian Oil Corporation (IOCL): PE: Prices decreased by ₹2,000/MT. PP: Prices rolled over. In addition to the price revisions, special incentive schemes have been announced: RIL: PP Scheme based on Non-Zero Average lifting from last year: 90% Average = Incentive 'X' 100% Average = Incentive 'Y' OPaL: Special Incentives in PE and PP for April 2025 based on ≥50% Non-Zero Average lifting for FY24-25: PP: Proposed Discount 'α' HDPE: Proposed Discount 'β' LLDPE: Proposed Discount 'γ' Disclaimer: The above price revisions are based on industry sources and are for informational purposes only. Actual prices may vary based on location, supplier terms, and other factors. PolyMart is not responsible for any discrepancies in pricing. Buyers are advised to confirm with their respective suppliers before making any purchase decisions