Friday, 26 July 2013

PVC buying momentum in Indian markets likely to strengthen in the coming days

23 July: Traders in Indian markets are likely to see buying momentum for PVC strengthening in the coming days as many PVC item manufacturers (especially PVC pipe manufacturers) were observed to carry out active manufacturing activities at their works. In the polymer markets of the country, buying activities are currently lackluster due to polymer prices at high rates. But, the ongoing manufacturing activities indicate that PVC requirements for the manufacturers will increase in the coming days that will necessitate active purchases of the polymer. 
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Strong Benzene and Toluene demand prevails in Delhi

22 July: Strong demand for Benzene and Toluene was reported to prevail in the Delhi market. Prices of Benzene and Toluene also did not undergo any major variation in the market, as traders in the market told the website. According to the market inputs received, Benzene and Toluene were sold in the market today at Rs 77.50 a litre and Rs 80.50 a litre respectively. 
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Polymer prices undergo minimal fluctuation in Indian markets

19 July: Sluggish conditions continued to prevail in Indian polymer markets,with high polymer prices imparting severe raw material cost pressure on plastic item manufacturers. 
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Friday, 19 July 2013

EVA price falls in Delhi on availability of ample stocks
18 July: Buying activities gained momentum in the Delhi market today, with high polymer prices continuing to prevail. Plastic item manufacturers seem to have no other option but to purchase their raw material requirements to keep their manufacturing activities intact, sustaining severe raw material cost pressure.
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PE,PP,PVC prices rise in South East Asia; Indian prices continued to remain high
17 July: PE, PP and PVC prices in the South East Asian region again moved up, resulting in polymer markets in the nearby countries remaining costly for Indian polymer buyers. A market participant informed the website that prices of the Raffia, Injection Moulding and Film grades of PP in the South East Asian region went up by $10 per metric tonne, $10 per metric tonne and $15 per metric tonne respectively; LDPE (Film) price moved up in the region by $15 per metric tonne, and LLDE (Film) price went up by $20 per metric tonne; the Yarn,Blow Moulding/Injection Moulding and Film grades of HDPE in the region moved up by  $5 per metric tonne, $20 per metric tonne and $10 per metric tonne. Also, PVC price went up by $10 per metric tonne in the region. 
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Wednesday, 17 July 2013

Indian polymer markets continue to see almost steady prices

16 July:  PE, PP and PVC prices in Indian polymer markets remained almost at around the previous rates, amid sluggish trading atmosphere, dominated by high prices.
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Polymer prices in Indian markets remains stable on sluggish market conditions

15 July: The major polymer markets in India continued to see sluggish conditions. Buying momentum remained weak due to prevalence of high polymer prices.
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Indian polymer markets continue to see sluggish conditions, lean price fluctuations

13 July: The weekend saw no improvement in buying activities in the polymer markets in India. Traders in many markets in the country told the website that the markets continued to remain sluggish due to prevalence of high polymer prices.
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EVA stocks depletes in Ludhina,PP stocks dwindle in Chennai

12 July: High polymer prices continued to keep market conditions sluggish in India. In the Ludhiana market, a trader told the website that EVA stocks were short in the market that resulted in EVA price in that market going up to Rs 130 a kg. The trader further told that LDPE (Film) stocks in the market were high, due to which the price went down to Rs 114 a kg.
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Friday, 12 July 2013

Producer price hikes turn buyers'sentiments more bearish

11 July: Sluggish conditions continued to prevail in the Indian polymer markets, and polymer prices in the markets remained almost identical with the previous rates, undergoing minimal movements. Buyers' sentiments also turned more bearish after the latest price increments of Reliance Industries Limited and Indian Oil Corportaion Limited.

South East Asian region sees rising PE prices, falling PP prices

10 July: The latest price movements for PP in the South East Asian region could be regarded as good news for Indian polymer buyers, but the news regarding price movement for PE in the region could be regarded as otherwise. 

Wednesday, 10 July 2013

LDPE, LLDPE, PP stocks short in Ahmedabad market; Sluggish market conditions continues

09 July: In the Ahmedabad market today, stocks of LDPE,LLDPE and PP were reported to deplete due to disrupted supplies from producers, traders in the market told the website. Also, EVA stocks in the Ludhiana market today also became less due to non-reciept of fresh supplies from Reliance Industries Limited (RIL), according to a trader in the market. 
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