Thursday 26 September 2013

Polymer market prices soften moderately after producer price reductions

20 Sep: Polymer prices in the major markets in India underwent moderate downward movements after the producers in the country lowering their polymer prices. In the latest price revisions,Reliance Industries Limited, Haldia Petrochemicals Limited, Indian Oil Corporation Limited and HPCL-Mittal Energy Limited reduced their polymer prices, and assured price protections upto September 30, 2013. Market participants also expect GAIL to announce price reduction shortly. 
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