Prices of some grades of the PP material are likely to rise in Indian polymer markets in the coming days due to shortage. Traders in the major markets in the country told Indianpetrochem that the Injection Moulding and Film grades of the material were short in stocks due to non-receipt of supplies from HMEL and Haldia Petrochemicals Limited, as the PP plants of the producers are in idled condition for maintenance purpose. Traders, thus, apprehend that the prevailing shortage might result in the prices going up in the days to come.
However, prices of the PP material are not likely to come under international price pressure as the prices were reported to decline in key Asian markets due to dull buying sentiments.
On,11 September 2014,price of the Film and Injection moulding grade of PP was reported at 137 Rs/kg and 132 Rs/kg respectively.
(This article was published on the website on September 11, 2014)
However, prices of the PP material are not likely to come under international price pressure as the prices were reported to decline in key Asian markets due to dull buying sentiments.
On,11 September 2014,price of the Film and Injection moulding grade of PP was reported at 137 Rs/kg and 132 Rs/kg respectively.
(This article was published on the website on September 11, 2014)
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