Sep 16: Sluggish conditions in Indian polymer continued to prevail despite polymer producers in the country announcing price protection for their PE and PP. In want could be regarded as moves to encourage raw material purchases in the country, Reliance Industries Limited, Haldia Petrochemicals Limited, Indian Oil Corporation Limited and GAIL (India) Limited announced price protection for their PE and PP materials upto September 30, 2013, which means that there will be no upward traversals in prices of the polymers in this month.
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