Polymer Price Adjustments and Discount Schemes Announced for August 2024

GAIL GAIL has announced an additional CIS-linked post-sale discount scheme for polyethylene (PE) for August 2024 based on CIS lifting:  ≥ 100% of MCQ: Discount X ≥ 115% of MCQ: Discount Y ≥ 125% of MCQ: Discount Z Reliance Industries Limited Reliance has updated their PE polymer grades prices effective from 8th August 2024: HDPE Pipe grades: Decreased by Rs. 3000/MT All other grades: Prices rolled over LLDPE All grades: Prices rolled over LDPE LD HD/LP grades: Decreased by Rs. 5000/MT LD EC grades: Prices rolled over  All other LDPE grades: Decreased by Rs. 3000/MT OPAL OPAL has announced the following polymer grades prices effective from 8th August 2024: PP All grades: Prices rolled over HDPE HM Film and Pipe grades: Decreased by Rs. 3000/MT Indian Oil (IOCL) IOCL has updated their polymer grades prices effective from 8th August 2024: PP  All grades: Prices rolled over HDPE HM Film and Pipe grades: Decreased by Rs. 3000/MT Additionally, IOCL has introduced an APP-linked post-sale special incentive scheme for HD & LLDPE (Prime and Non-Prime) grades for August 2024: Monthly PE/Flexi APP Completion: ≥ 100%: HD-X1 & LL-Y1 ≥ 120%: HD-X2 & LL-Y2 Utility grades: Z1 to Z5 Incentive rates for different HD and LL grades may vary based on prevailing market conditions and will be declared after August 2024. 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.