GAIL, HMEL, IOCL, OPaL, MRPL, HPL, and RIL have announced significant revisions in polymer prices effective October 12, 2023.

GAIL, HMEL, IOCL, OPaL, MRPL, HPL, and RIL have announced significant revisions in polymer prices effective October 12, 2023. Here's a summary of the key price changes: PE (Polyethylene): GAIL: HDPE Pipe grade prices decreased by Rs. 6/kg basic. HDPE Raffia and Injection Moulding high-grade prices adjusted down by Rs. 4/kg basic. HDPE Injection Moulding low, BM, and HDPE & HM film grade prices lowered by Rs. 5/kg basic. LLDPE film grade prices reduced by Rs. 6.50/kg basic. Other LLDPE grades, including metallocene, declined by Rs. 4.50/kg basic. Price protection has been withdrawn. HMEL: HDPE Pipe and HD IM low-grade prices reduced by Rs. 5/kg basic, HDPE BM prices down by Rs. 4/kg basic, and HDPE IM High grade prices revised lower by Rs. 3/kg basic. LLDPE Film grade prices decreased by Rs. 6/kg basic. Price protection is withdrawn. IOCL: All HDPE Pipe grade prices reduced by Rs. 3/kg basic, HDPE BM, Film, and HD IM low-flow grade prices down by Rs. 4/kg basic. HDPE IM High-grade prices revised lower by Rs. 2/kg basic. All LLDPE grade prices decreased by Rs. 3/kg basic, except LLDPE film grade prices, which remain unchanged. Price protection in PE withdrawn except for LLDPE Film Grades until October 15, 2023, or the next price revision, whichever is earlier. OPaL: HDPE Pipe grade prices reduced by Rs. 6/kg basic, HDPE BM, and Film grade prices down by Rs. 5/kg basic. Prices of HDPE IM High and Raffia grades revised lower by Rs. 4/kg basic. LLDPE Film grade prices decreased by Rs. 6.50/kg basic, while prices of all other LLDPE grades lowered by Rs. 4.50/kg basic. Price protection is withdrawn in LLDPE and HDPE. RIL: HDPE Pipe and IM Low grade prices reduced by Rs. 5/kg basic, HDPE BM and Film grade prices down by Rs. 4/kg basic, HDPE IM High and Raffia grades drop by Rs. 3/kg basic. LLDPE Film grade prices decrease by Rs. 6/kg basic, while all other LLDPE grades reduce by Rs. 4/kg basic. LDPE grade prices have been rolled over. Price protection is withdrawn in LLDPE and HDPE. RIL reduces PVC prices by Rs. 4/kg basic, wef October 12, 2023. RIL withdraws price protection on HDPE and LLDPE w.e.f. October 12, 2023. PP (Polypropylene): HMEL, MRPL, and HPL have decreased PP prices by Rs. 1.50/kg basic wef October 12, 2023. MRPL is offering a special discount of Rs. 2/kg for Lamination grade sales in October 2023. PVC (Polyvinyl Chloride): RIL has introduced the APPQ linked incentive scheme for PVC in October 2023, offering discounts based on annualized quantity. Discount of Re.1/kg: This discount will be applicable for customers who lift PVC quantities equal to or greater than 7% but less than 8.33% of their annualized quantity. Discount of Rs. 2/kg: For customers who exceed their annualized quantity and lift 8.33% or more, an even more substantial discount of Rs. 2/kg will be applied. 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