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Domestic Polymer producer additional incentive scheme for March 2022.

Domestic Polymer producer additional incentive scheme for March 2022.

Polymer March 24, 2023

GAIL has announced an APP-linked incentive for PE grades for the month of March 2023 based on the lifting of Prime/Non-Prime grades of PE. The details of the incentive are as follows: Incentive on completion of >=80% to <100% of APP (Rs./MT): HDPE Pipe, Raffia and Film Rs- 1000 per MT, Other HDPE and LLDPE: 2000 per MT Incentive on completion of >=100% to <125% of APP (Rs./MT): HDPE Pipe, Raffia and Film Rs- 1500 per MT, Other HDPE and LLDPE: 3000 per MT Incentive on completion of >=125% of APP (Rs./MT): HDPE Pipe, Raffia and Film Rs- 2500 per MT, Other HDPE 4000 per MT  and LLDPE: 4500 per MT IOCL has announced an APP-linked incentive for PE grades for the month of March 2023 based on the lifting of Prime/Non-Prime grades of PE. The details of the incentive are as follows: Incentive on completion of >=75% to <100% of APP (Rs./MT): 010DP45/010DP45U/004DP44/002DP48/002DF50/010E52/012E50: 1000, Other HDPE and LLDPE: 2000 Incentive on completion of >=100% to <125% of APP (Rs./MT): 010DP45/010DP45U/004DP44/002DP48/002DF50/010E52/012E50: 1500, Other HDPE and LLDPE : 3000 Incentive on completion of >=125% of APP (Rs./MT): 010DP45/010DP45U/004DP44/002DP48/002DF50/010E52/012E50: 2500, Other HDPE: 4000 and LLDPE Grades: 4500 IOCL has announced the VYAPT incentive scheme for PP and Flexi APP customers for the month of March 2023. The incentive will be applicable on the actual lifting of Prime/Non-Prime PP grades during the month, as per detailed below:   Monthly APP completion: Incentive (Rs/MT) = 80% & < 100% : 2500 Rs./MT (value of A) = 100% & < 110% : 3500 Rs./MT (value of B) = 110% : 5000 Rs./MT (value of C) Deemed export will be considered for eligibility purposes only. The discount will not be disbursed on the uplifted deemed export quantity. RIL has announced the XYZ incentive scheme with a specified amount of PE for the month of March 2023. The details of the scheme are attached in the photo. RIL has announced the XYZ incentive scheme with a specified amount of PP for the month of March 2023. The details of the scheme are attached in the photo. X as Rs. 2500/MT Y as Rs. 3500/MT Z as Rs. 5000/MT