Polymer buyers' sentiments turns more bearish after producer price hikes; Plastic product prices to go up

01 July :  The producer price hikes, today, are most likely to result in plastic products becoming costlier in India as plastic item manufactures in the country are left with no other option but to increase prices of their end-products to pass on the rising raw material costs to customers. The major polymer markets in the country saw very lackluster trading activities today as buyers abstained from purchasing plastic raw materials after the producer price hikes. A Delhi-based trader told the website," Today, the market is very inert. I have not yet accomplished any polymer sale today." 
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