PE prices were assessed considerably higher in the major Indian markets at the end of the third week of November 2013 in comparison with that in a week-ago.
The prices went up on the influence of strong demand for the plastic raw materials by end-users, who purchased actively not only to cater to their raw material requirements but also to build up raw material inventories.
During the week, PE prices in the country were not influenced by fluctuations in key international regions.
In the South East Asian region, prices of the Injection Moulding, Blow Moulding and Film grades of HDPE were assessed lower by $10 per metric tonne, at $1,507 per metric tonne CFR, $1,512 per metric tonne CFR and $1,527 per metric tonne CFR respectively.
During the week, LDPE price in the South East Asian region was assessed stable at $1,672 per metric tonne CFR, and LLDPE price in the region was assessed lower by $5 per metric tonne, at $1,537 per metric tonne CFR.
In the coming week, PE prices in Indian markets are likely to move at around the same rates, and demand conditions will remain strong.
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The prices went up on the influence of strong demand for the plastic raw materials by end-users, who purchased actively not only to cater to their raw material requirements but also to build up raw material inventories.
During the week, PE prices in the country were not influenced by fluctuations in key international regions.
In the South East Asian region, prices of the Injection Moulding, Blow Moulding and Film grades of HDPE were assessed lower by $10 per metric tonne, at $1,507 per metric tonne CFR, $1,512 per metric tonne CFR and $1,527 per metric tonne CFR respectively.
During the week, LDPE price in the South East Asian region was assessed stable at $1,672 per metric tonne CFR, and LLDPE price in the region was assessed lower by $5 per metric tonne, at $1,537 per metric tonne CFR.
In the coming week, PE prices in Indian markets are likely to move at around the same rates, and demand conditions will remain strong.
Continue reading the main story>>
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