Tuesday 3 December 2013

PE Dossier, November 30, 2013

PE prices underwent minimal fluctuations in Indian polymer markets during the last week of November 2013. Demand conditions were strong on account of active manufacturing activities going on in various manufacturing clusters in the country. PE prices underwent minimal fluctuations in Indian polymer markets during the last week of November 2013. Demand conditions were strong on account of active manufacturing activities going on in various manufacturing clusters in the country.

Buyers purchased not only to cater to their production needs but also to stock raw materials that resulted in traders seeing vigorous off-takes.

During the week under review, prices of the Injection Moulding, Blow Moulding and Film grades of HDPE moved upwards by $5 per metric tonne, $10 per metric tonne and $5 per metric tonne to $1,512 per metric tonne CFR, $1,522 per metric tonne CFR and $1,532 per metric tonne CFR respectively.  These upward price movements did not, however, impact prices in India.

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