Thursday, 4 July 2013

PVC prices in Indian markets shoot up remarkably after RIL's price hike

02 July: PVC prices in polymer markets in India have gone extremely high after Reliance Industries Limited's (RIL) price hike yesterday. The Delhi, Mumbai, Chennai and Kolkata markets today saw PVC prices at Rs 83 a kg, Rs 81 a kg, Rs 83 a kg and Rs 84 a kg respectively. A trader in the Chennai market told the website," PVC price today has gone up to Rs 83 a kg, after RIL further raising its price yesterday." He also told," PVC material is also short in the market that has contributed to the price rise in the market."
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