Domestic Polymer producer company announce Special Incentive Schemes for July and August 2024

Mangalore Refinery and Petrochemicals Limited (MRPL) has announced a Special Incentive Scheme for the month of July 2024, linked to the CQI of Polypropylene (PP). The incentive amounts are specified as follows: - Rs. 1500 per MT for category X - Rs. 2500 per MT for category Y - Rs. 3000 per MT for category Z Reliance Industries Limited Announces Incentive Schemes for August 2024 Reliance Industries Limited has rolled out an Incentive Scheme for Polypropylene (PP) for August 2024. The scheme is structured based on the annual APP percentage achieved, with the following incentives: - Greater than 7%: Incentive A - Greater than 9%: Incentive B - Greater than 11%: Incentive C - Greater than 13%: Incentive D Additionally, Reliance has introduced an APPQ-based scheme for Polyvinyl Chloride (PVC) for the same period. The details are as follows: - From 7% to less than 8.33%: Rs. 2000 per MT - 8.33% and above: Rs. 3000 per MT This scheme is applicable to both Prime and Non-Prime grades.   For a comprehensive understanding of these price adjustments, it is advisable to refer to the respective price circulars provided by the companies. PolyMart does not provide any assurances or guarantees regarding the reliability, accuracy, completeness, or quality of the information available on its website, app, or through any of its services. Therefore, the company is not responsible for any errors, omissions, losses, or damages that may result from the use of the website or app. It is advisable for users to exercise caution and independently verify any information obtained from these sources before relying on it for any purpose.