PE prices underwent minimal movements in the major polymer markets in India during the week ended on December 14, 2013. Prevalence of active manufacturing of end-items kept off-takes of the raw material frequent in the markets, resulting traders seeing moderate demand conditions.
During the week, there was no influence of international price movements. In the South East Asian region, prices of the Blow Moulding and Injection Moulding grades of the polymer moved up by $10 per metric tonne and $20 per metric tonne to $1,522 per metric tonne respectively.
LDPE price in the South East Asian region moved down by $10 per metric tonne to $1,692 per metric tonne; and LLDPE price traversed downwards by $5 per metric tonne to $1,552 per metric tonne.
In the coming week, PE prices in the country are expected not to undergo any major movement, with demand remaining moderately firm.
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During the week, there was no influence of international price movements. In the South East Asian region, prices of the Blow Moulding and Injection Moulding grades of the polymer moved up by $10 per metric tonne and $20 per metric tonne to $1,522 per metric tonne respectively.
LDPE price in the South East Asian region moved down by $10 per metric tonne to $1,692 per metric tonne; and LLDPE price traversed downwards by $5 per metric tonne to $1,552 per metric tonne.
In the coming week, PE prices in the country are expected not to undergo any major movement, with demand remaining moderately firm.
Continue reading the main story>>
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