Polymer Price Updates and Incentive Schemes

Indian Oil Corporation Limited (IOCL) IOCL has announced the following polymer grade prices, effective from 17th October 2024: PP Grades: All prices remain unchanged. PE Grades: All prices remain unchanged. Chiripal Petrochemicals Effective from 16th October 2024, Chiripal has increased the prices of all PET grades by ₹1000/MT. Reliance Industries Limited (RIL) Reliance also declared a ₹1000/MT price hike across all PET grades, effective from 16th October 2024. Incentive Schemes Haldia Petrochemicals Haldia has introduced the following CCS-linked incentive schemes for October 2024: PE Grades: X: Lifting ≥100% of October PE CCS. Y: Lifting ≥125% of October PE CCS. Final incentive amounts will be announced by early November. PP Grades: X1: Lifting ≥80% of October PP CCS. Y1: Lifting ≥100% of October PP CCS. Z1: Lifting ≥125% of October PP CCS. Final incentive amounts to be announced at the end of October. Reliance Industries Limited (RIL) RIL has rolled out an HDPE/LLDPE incentive scheme for October 2024: X: Lifting between 8.33% and <10%. Y: Lifting ≥10%. IOCL Special Incentive for September 2024 IOCL declared the special incentive amounts for PE grades (HDPE/LLDPE) based on lifting percentages: Lifting ≥75%: ₹1000/MT. Lifting ≥100%: ₹1750/MT. Lifting ≥120%: ₹2500/MT.   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.