Tuesday, 11 June 2013

Toluene price dips in Delhi amid strong demand
11 Jun :
  In the Delhi market, Toluene price has been exhibiting a declining trend during the last few days despite prevalence of strong demand conditions. The decline in Toluene prices in the market of the country has been due to influence of declining Asian prices during the last few days.

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Monday, 10 June 2013

Sluggish conditions prevails in Indian markets on prevalence of high prices
10 Jun :
Prevalence of high polymer prices and the highly depreciated INR restricted Indian polymer buyers to purchase plastic raw materials in excess of their requirements that kept the major markets in the country in lackluster conditions.

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Saturday, 8 June 2013

Indian polymer buyers preferring domestic purchases as INR continues to remain depreciated
08 Jun : The INR remaining considerably depreciated against the USD have been posing as a strong hurdle to Indian polymer buyers in importing polymers from outside the country. A Mumbai-based importer, when asked about the current import practices of Indian polymer buyers, said," Highly depreciated INR alongwith high polymer prices in international markets have prevented the Indian buyers from procuring plastic raw materials from international sources." He further said," Buyers are currently preferring the domestic markets for their polymer purchases." 
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Friday, 7 June 2013

PE, PP prices go up in Delhi market amid sluggish demand conditions
07 Jun : Traders in the Delhi market today saw inactive buying activities for the PP material, and they attributed the inactiveness in the buying momentum to prevalence of high PP prices in the market. Amid lackluster market conditions, traders in the market today raised PP prices. Today, prices of the Raffia and Injection Moulding grades of the PP material were higher by Rs 1.5 a kg and Rs 2 a kg respectively, at Rs 107.50 a kg and Rs 108 a kg respectively.

Thursday, 6 June 2013

RIL's ongoing capacity expansion projects to enhance India's petrochemical availability in the near future
06 June :
Reliance Industries Limited (RIL) is implementing a series of large petrochemical capacity expansion projects, which on going on-stream, will not only enhance domestic petrochemical availability substantially but also will posit the company among the top petrochemical producers in the world.

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Inactive demand conditions, lean price fluctuations prevail in Indian polymer markets
06 June :
Inactive demand conditions prevailed in the major Indian markets today, and no major price fluctuation was reported from any of the markets. PE, PP and PVC prices remained almost at the previous rates. Traders in the major markets in the country attributed the contraction in demand conditions to prevalence of high polymer prices.

Wednesday, 5 June 2013

PP, PVC prices rise in SEA; Indian prices to remain at high rates
05 June :
Indian polymer buyers continue to see polymer prices in the nearby countries rising further. In the major Indian markets today, PE, PP and PVC continued to remain at high rates, undergoing minimal fluctuations from the previous rates.

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High prices keep demand conditions sluggish in Indian polymer market
05 June : Prevalence of high polymer prices in the major Indian market kept buyers away from active purchases that resulted in traders seeing sluggish demand conditions.
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Indian plastic item manufacturers sustaining severe raw material cost pressure
04 Jun :  Prevalence of high polymer prices were imparting severe raw material cost pressure on plastic item manufacturers in India. Several plastic item manufacturers in the country told the website that their raw material cost pressure increased significantly, and they were considering to raise prices of their end-products to pass on the increasing raw material costs to customers. 
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Tuesday, 4 June 2013

High prices weaken demand in the Delhi market
03 Jun :  Traders in the Delhi market today saw dull demand conditions as prevalence of high prices kept buyers away from purchasing polymers.  A trader in the Delhi market told the website, "Demand conditions are dull today as prices are high." 
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Monday, 3 June 2013

PE, PP, PVC market prices go up in Indian markets; PP, LDPE, LLDPE short in some Indian markets
01 Jun : The recent price hikes by Indian producers are indicative of open market prices in the country going up further. Reliance Industries Limited hiked its PE, PP, PVC and EVA prices, and Indian Oil Corporation Limited raised its PE and PP prices. The rates of producer-price hikes are available in the Domestic Prices section of the website.
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Delhi market sees active demand conditions; HDPE, LDPE stocks short
31 May : In the Delhi market today, strong demand conditions prevailed, and market prices of PE, PP and PVC went up from the rates prevailed yesterday. A trader in the market also told the website that stocks of HDPE and LDPE were less due to non-receipt of supplies from suppliers. 
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