Price revisions by domestic polymer producers in India w.e.f. June 06, 2023

RIL has announced X and Y scheme in HDPE, LDPE, and LLDPE grades for June 2023 as follows: X&Y slab is 9% of Annual APPQ or 24% of quarterly quantity whichever is higher. HDPE/LLDPE: X, LDPE: Y RIL has announced an early bird discount of Rs.2/kg for lifting till June 16, 2023 for all PE prime/non-prime/Utility grades. RIL has announced PE prices, effective from June 6, 2023. HD/HM pipe grades  prices have been adjusted downward by Rs. 2/kg basic, and all other HDPE grade prices have been lowered by Rs. 3.00/kg basic. LDPE Extrusion grade prices have decreased by Re. 2/kg basic, while all other LDPE grade prices have been revised downward by Rs. 3/kg basic. All LLDPE grade prices have been reduced by Rs. 3/kg basic. Domestic producer RIL (PP/PE), IOCL (PP/PE), Opal (PE), HPL (PP/PE), MRPL (PP) announces price protection wef June  3, 2023 till July 1, 2023 (6.00 am) or the next price revision, whichever is earlier. Price protection excludes deemed exports, contractual and export sales. IOCL has also announced upper limit relaxation in PP, PE & Flexi APP for June 2023 to pass on Monthly, Quaterly and Yearly discounts. Reliance has announced the PP deemed export Scheme for the first half of June 2023, offering a discount of Rs 3.5/Kg. The eligibility criteria for the scheme require a minimum of 40% of DPPQ to be placed before June 14th, 2023. The scheme's disbursement is based on the BOE filed between June 1st and June 15th, 2023 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, loss, or damage 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.