Polymer Price Updates: IOCL Holds PP & PE Prices Steady; RIL Increases PVC Prices and Introduces PP Incentive Scheme

IOCL Polymer Price Update  PP and PE Prices: Rolled over with no changes as of November 7, 2024. Reliance Industries Limited (RIL) Price & Incentive Updates PVC Price Increase: PVC prices raised by ₹2,000 per metric ton, effective from November 7, 2024. PP Incentive Scheme for November 2024: Discount slab Based on Purchase Volume:  7% to 9% of annualized MOU quantity as X 9% to 11% of annualized MOU quantity  as Y Above 11% of annualized MOU quantity  as Z Scheme Discount amount for X,Y and Z will  be announced at the end of November 2024.   Additional Discounts: After achieving the above scheme slabs:  ₹1,000/MT on Impact Copolymer Polypropylene (ICP)  ₹1,500/MT on Random Copolymer Polypropylene (RCP) - Planned Maintenance Shutdown:   - As information gathered from market source that RIL’s LDPE plant in Vadodara, Gujarat, with a production capacity of 95,000 tons per year, will be offline from November 11 to December 1, 2024, for maintenance.   For more detailed information on these price adjustments, it is recommended to refer to the respective companies' official price circulars. Disclaimer: PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of the information provided on its platform. Users are advised to independently verify any data before relying on it for decision-making purposes.