HDPE and LLDPE supplies to Indian polymer markets have tightened considerably with GAIL shutting down its plant at Pata in Uttar Pradesh for carrying out maintenence, which is expected to last more than two weeks. In the country's polymer markets, the prevailing demand for the Ethylene-based polymers are quite strong, according to market inputs received. The prevailing demand and supply situations in respect to the polymers indicate a possibily of the other producers hiking their ex-work prices for the polymers in the next price revisions.
Traders in many polymer markets in the country told Indianpetrochem of the lessening HDPE and LLDPE stocks, of GAIL, and prevalence of strong demand conditions.
In the Chandigarh market, traders had very less stocks of GAIL-produced HDPE and LLDPE, according to some traders in that market.
In the Kolkata market too, a similar stock-situation prevailed, however, stocks of IOCL-produced HDPE and LLDPE were available, according to information received.
LLDPE stocks in the Mumbai market are available as fresh supplies were released recently. But, stocks of HDPE and LLDPE of GAIL are less in the market. In that market, PE materials of Reliance Industries Limited are predominant, as a matter of spontaneous market trend.
Traders in many polymer markets in the country told Indianpetrochem of the lessening HDPE and LLDPE stocks, of GAIL, and prevalence of strong demand conditions.
In the Chandigarh market, traders had very less stocks of GAIL-produced HDPE and LLDPE, according to some traders in that market.
In the Kolkata market too, a similar stock-situation prevailed, however, stocks of IOCL-produced HDPE and LLDPE were available, according to information received.
LLDPE stocks in the Mumbai market are available as fresh supplies were released recently. But, stocks of HDPE and LLDPE of GAIL are less in the market. In that market, PE materials of Reliance Industries Limited are predominant, as a matter of spontaneous market trend.
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