[email protected], +91 93745 24 365

The Single Platform For Polymers News & Business..

   PolymerBazaar : Price Prediction for 17 thDec.20
Looking to Current scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

PP
Homo : Mostly No change OR May UP by Rs.1 to Rs.2/Kg 
PP  Homo Lamination ( MFI 35-40 Gms/10 Mins),
PPCP & RCP : May UP by Rs.2 to Rs.3/Kg.

PE
HD Blow : Mostly Up by Rs.2 to 3/Kg
Other HDPE : May UP by Rs.1 to Rs.2/Kg Or Roll over.
LLDPE : Mostly Up by Rs.1 to Rs.2/Kg 
LDPE : May Up by Rs.2 to Rs.3/Kg

PVC : May Up by Rs.1 to Rs2/Kg Or No change.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
PolymerBazaar : Price Prediction for 10th Dec.20
Looking to Current scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

PP
Homo : May UP by Rs.3 to Rs.5/Kg 
PPCP & RCP : May UP by Rs.4 to Rs.6/Kg.

PE
HD Blow : Mostly Up by Rs.3 to 5/Kg
Other HDPE : May UP by Rs.2 to Rs.4/Kg
LLDPE,HM Film, HM Pipe & LDPE : Mostly Up by Re.3 to Rs.5/Kg
LDPE Lamination : Mostly Up by Rs.4 to Rs.6/Kg

PVC
High K 67 : Mostly Up by Re.3 to Rs.5/Kg.
Low K 57 : May Up by Rs.4 to 6/Kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors. Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

PolymerBazaar : Price Prediction for 1st Dec.20:

Looking to Current scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

 PP Homo: May UP by Re.2 to Rs.3/Kg 
 PPCP & RCP : May UP by Rs.3 to Rs. 4/Kg.
 HDPE & LLDPE: May UP by Re.2 to Rs. 3/Kg
 HM Film, HM Pipe & LDPE : Mostly Up by Re.3 to Rs.5/Kg
 PVC High K 67 : Mostly Up by Re.1 to Rs.2/Kg.
 PVC Low K 57 : May Up by Rs.2-4/Kg
 PET  : May Up by Rs.2-3/Kg 
 GPPS & HIPS : May Up by Rs.4-6/Kg 
 ABS : May Up by Rs.8-10/Kg 

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

PolymerBazaar : Price Prediction for Week 3rd November'20

Looking to Current scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

 PP: May UP by Re.1-2/Kg 
 PPCP & RCP : May UP by Rs.2-3/Kg.
 HDPE & LLDPE: May UP by Re.1-2/Kg Or No change
 LDPE : Mostly Up by Re.1-2/Kg
 PVC : Mostly Up by Rs. 2-4/Kg.
 PET :  May Up by Re.1-2/Kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

PolymerBazaar : Price Prediction for 1st November'20
Looking at the Current open bazaar scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

PP : May UP by Re.1-1.5/Kg Or No change
PPCP & RCP : May UP by Re.1-2/Kg
HDPE & LLDPE : May UP by Re.1-2/Kg Or No change
PVC & LDPE : Mostly Up by Re.1-2/Kg
PET :  Mostly rolled over OR Up by Re.1-2/Kg
GPPS & HIPS : May UP by Rs.2-4/Kg
ABS : May UP by Rs.3-5/Kg 

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
     Price Prediction for last week Oct.'20
Looking to current global scenario & other price governing factors, Indian companies may offer below given revision. As calendar is approaching month end , Indian companies will revise price wef 1st November’20. ( we will issue separate prediction for 1st Nov.’20 )

PP, HDPE ,LLDPE & PVC : Mostly No change
LDPE : Mostly No change Or Up by Re.1-2/Kg
PS, ABS & PET : Mostly No change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Price Prediction for 4th week Oct.'20
Looking to current global scenario & other price governing factors it seems that Indian Producers may offer below given revision for this week.

PP Homo : Mostly Up by Re.2-3/Kgs 
ICP & RCP : May Up by Re.3-4/Kg
HDPE & LLDPE : May Up by Re.1-2/Kg 
HM, LDPE  & PVC: May Up by Re.2-3/Kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Price Prediction for 3rd week Oct.'20

Looking to current global scenario & other price governing factors it seems that Indian Producers may offer below given revision for this week.

PP Homo : Mostly Up by Re.1-1.5/Kgs Or No change.
ICP & RCP : May Up by Re.1-2/Kg
HDPE: May Up by Re.1-2/Kg Or No Change.
HM, LLDPE & LDPE : May Up by Re.1-2/Kg
PVC : May Up by Rs.2-3/Kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
 Price Prediction for week 1st Oct.'20
Looking to recent developments in industry & other price controlling factors it seems that Indian Producers may offer below given revision for this week.

PP , HDPE & LLDPE : Mostly No change
LDPE & PVC : Mostly Rolled Over Or Up by Re.1-2/kg
PVC : Taiwanese Polymer Mfgr. Is expected to announce latest offers for Indian Bazaar by next week, This will also influence Indian rate revision

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

 Price Prediction for 1st Oct.'20

Looking to recent developments in industry & other price controlling factors it seems that Indian Producers may offer below given revision for 1st Oct.’20


PP Homo : Mostly No change OR Up by Re.1-1.5/Kg
PP ICP  & RCP : Mostly Up by Re.1-2/Kg
HDPE & LLDPE : May UP by Re1-1.5/Kg OR Rolled over.
LDPE & PVC : May UP by Rs.1-2/Kg.
PET : Mostly No change
PABS : May Up by Rs.3-5/Kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Polymer Price Prediction for 4th week , September'20

Looking at the Current open bazaar scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision for current week.


  • PP , HDPE & LLDPE : Mostly No Change
  • PVC & LDPE : Mostly rolled over OR May UP by Re.1-2/Kg.


( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Price Prediction for 3rd wk September'20

Looking to recent developments in industry & other price controlling factors it seems that Indian Producers may offer below given revision for this week.

PP : May UP by Rs.1-2/Kg
HDPE : Mostly Rolled Over
LLDPE  & LDPE :  Mostly No change OR May UP by Re1-1.5/Kg
PVC:  May UP by Rs.3-5/Kg

( Pl.Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

PolymerBazaar : Price Prediction for 2nd wk September'20 
Looking to recent developments in industry & other price controlling factors it seems that Indian Producers may offer below given revision for this week.

PP : May UP by Rs.1-2/Kg
HDPE : Mostly Rolled Over Or UP by Re.1-2/Kg
LLDPE :  May UP by Rs.1.5-2.5/Kg
LDPE :  May UP by Rs.2-3/Kg
PVC:  May UP by Rs.3-5/Kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Posting Date : 08/09/2020
Price Prediction for 1st Week September 2020
PolymerBazaar : Indian companies may increase price for 3rd Sept.'20

Looking to recent developments in industry & other price controlling factors it seems that Indian Producers may offer price rise wef tomorrow.

PP & PVC : Mostly No change
HDPE & LDPE :May Up by Rs.2-3/kg
LLDPE : May remained rolled over OR increase by Re.1-1.5/kg 
                                                        Polymer Price Prediction for 1st September 2020
Looking at the Current open bazaar scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

PP ,HDPE & LLDPE : Mostly No change or Down by Re.1-1.5/kg
LDPE & PVC : May UP by Rs.2-3/kg
PET : Mostly Rolled over.

👉 Pl.note, Price Protection & discount schemes will be withdrawn.( Except MRPL -PP Discount scheme which has validity till 9th Sept.20)

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also) PolymerBazaar : Price Prediction for 1st September 2020
PolymerBazaar : Price Prediction for 4th Week of  August 2020
Looking at the Current open bazaar scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

🔷 PP, HDPE  &  LLDPE: Mostly No Change
🔷 LDPE : May UP by Re.1-2/Kg Or Rolled over.
🔷 PVC : Mostly No change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
                                                          PolymerBazaar : Price Prediction for 3rd Week of  August 2020
Looking at the Current open bazaar scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

PP , HDPE , LLDPE & LDPE: Mostly No Change
PVC : May UP by Re.1-2/Kg Or rolled over.

If required, Indian Producers may offer Price Protection ( PP, HDPE & LLDPE )

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
                                                           PolymerBazaar : Price Prediction for 2nd Week of  August 2020
Looking at the ongoing  slowdown across Industry, Current open bazaar scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

✔️ PP : Mostly No Change or Down by Re.1-1.5/kg
✔️ HDPE , LLDPE & LDPE : Mostly No Change
✔️ PVC : May UP by Re.1-2/Kg

🔷 Possibility 1 : This week , Indian companies may roll over price  & adjust current decrements in the hidden discount scheme of 'X ' & ' Y' ,Which is going to be announced at month end looking at the bazaar scenario.

Possibility 2: In order to boost buying confidence & control negative sentiments , Indian producers may also announce Price Protection.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
PolymerBazaar : Price Prediction for 1st August 2020

Looking at the ongoing  slowdown across Industry, Current open bazaar scenario, international offers for Indian ports & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

🔷 Option 1
✔️ #PP : May down by Re.1-2/Kg
✔️HM & Blow : May down by Re.1-1.5/kg OR No Change
✔️Other HDPE : May down by Rs.2-3/Kg
✔️LLDPE : May down by Rs.2-3/Kg
✔️LD Lamination / Heavy Duty : Mostly No change
✔️ Other LDPE & PET : No change
✔️PVC : Mostly No change OR up by Re.1-1.5/kg
PS & ABS :  May UP by Re.2-3/Kg

👉Pl.note, #PP - Additional discount schemes (lifting based ) will be withdrawn.

🔷Option 2
For 1st Aug.’20- In order to hold weakening buying sentiments up to some extend,Indian local producers may offer Roll over prices & later on based on response from Industry ,they can offer lifting based discount schemes

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

PolymerBazaar : Price Prediction for July 3rd week 2020 

Looking to Current bazaar scenario, international offers for Indian bazaar & other price governing factors, it seems that Indian producers may announce below mentioned price revision.

PP & LLDPE : May Up by Re.1-2/Kg OR No change
HDPE , LDPE & PVC : May Up by Re.1-2/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Price Prediction 2nd week July'20

Looking to Current scenario, international offers for Indian bazaar & other price governing factors, it seems that Indian producers may announce below mentioned price revision for 2nd week of July ‘20.

✔️PP & PVC : Mostly No change
✔️HDPE ,LLDPE & LDPE : May Roll over OR Up by Re.1-1.5/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

       Price Prediction for 1st July 2020 
Looking to Current bazaar scenario, international offers for Indian bazaar & other price governing factors, it seems that Indian producers may announce below mentioned price revision for 1st July 2020.

✔️ PP , LLDPE & PET : Mostly UP by Re.1-2/kg
✔️ HDPE & LDPE : May UP by Rs.2-3/kg
✔️ PVC : Mostly No change 

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Price Prediction for  4th Week June 2020

Looking to Current bazaar scenario, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week.

✔️PP : Mostly No change OR  UP by Re.1-1.5/kg
✔️HDPE : May UP by Re.1-2/kg.
✔️LLDPE ,LDPE & PVC : Mostly No change
✔️LDPE Lamination : May UP by Rs.2-3/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also) Price Prediction for  4th Week June 2020

POLYMER BAZAAR: Price Prediction & Purchase Opinion: For 2nd Week June 2020.

Looking to Current bazaar scenario, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week,

✔  PP , HDPE, LLDPE & LDPE : May UP by Re.2-3/kg
✔ PVC : May UP by Re.1-2/Kg.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

POLYMERBAZAAR: Price Prediction & Purchase Opinion: For 1st June 2020.

Looking to Current bazaar scenario, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week,

✔ PP , HDPE & PET : May UP by Re.1 -2/kg 
✔  LLDPE ,LDPE  ,PS & ABS: May UP by Re.2-3/Kg.

👉 Pl.Note , Discount schemes will be withdrawn if applicable.Polymer buying is suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Price Prediction for 1st May 2020. 

Major decrement in Crude prices, effect of Corona virus pandemic across globe as a major influencing element , international offers for Indian bazaar & other price governing factors, guides towards below given  prediction. 

✔ PP, LLDPE & PVC : May Down by Rs. 1-1.5/kg. or No Change
✔ HDPE & LDPE : May Down by Rs. 1-2/kg 
✔ PVC & PET : May Down by Rs. 1-2/kg.

👉 Pl.Note , Applicable price protection (if any ) & lifting based scheme Will be withdrawn

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Price Prediction For 1st April 2020

Based on recent scenario of Nation wide lock down its very difficult to predict about Indian Polymer producer's next cycle of revision.Whole industry is strongly supporting guidelines issued by GOI  to prevent spread of deadly corona virus by undergoing fully non operational.Situation has become critical & subsequently worst as still picture isn't clear that when time will permit to rejoin desk.

Most of Polymer Producers has already announced FM & closed their functions either fully or partially.In order to mfgr. & deliver most essential products like non woven fabrics , PET bottles & packaging items ( Notified by GOI) ,Polymer producers are operating their ware houses upto certain time limits / alternate days,which really requires to be appreciated.

This month , in order to boost buying confidence most of the polymer producers has declared lifting based discount scheme with a time frame of month end. In addition to this March is also last month to fulfill annual commitments of M.O.U. Unfortunately industry was asked to remain shut for 3 weeks which starts from last week of March'20,hence processors weren't in a position to complete their monthly & annual lifting commitments.

Under such critical phase , if Indian producers opt for revising their domestic price for 1st April 2020 - we are here with our predictions OTHER WISE this prediction stands cancelled.

Major decrement in Crude prices, effect of Corona virus pandemic across globe as a major influencing factor, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below revision.

✔ PP & LLDPE : May DOWN by Re.2 - 3/kg.
✔  HDPE, LDPE : May DOWN by Re. 1 - 2/kg.
✔ PVC : Mostly No change Or down by Re.1-1.5/kg 
✔ PS & ABS : May DOWN by Re. 3 - 4/kg.
✔ PET : May DOWN by Re.  2 - 3/kg.

🔷 Price Protection shall be withdrawnn ( If applicable )

✔️ Monthly Discount scheme : Time frame shall be extended. Hence , scheme will have to be in force.

✔️ Annual Discount Scheme -M.O.U *: Either based on statistic of last 11 month lifting qty. shall be decided OR an extension in time will be offered.*Next M.O.U. cycle shall commence from 1st July 2020.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

POLYMER BAZAAR :Price Prediction for 1st April 2020.

Major decrement in Crude prices, effect of Corona virus epidemic at China as a major influencing factor, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week,

✔PP & LLDPE: May DOWN by Re.2 - 3/kg.
✔HDPE, LDPE & PVC: May DOWN by Re. 1 - 2/kg.
✔PS & ABS : May DOWN by Re. 3 - 4/kg.
✔PET : May DOWN by Re.  2 - 3/kg.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

                                                      POLYMER BAZAAR :Price Prediction for 3rd week March 2020.
Based on : Major decrement in Crude prices, Global effect of Corona pandemic as a major influencing factor,Latest international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week,

✔ PP & PVC: Mostly DOWN by Re.1 - 1.5/kg. or No Change
✔ HDPE, LLDPE, LDPE, PS, PET & ABS : Mostly No Change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

POLYMER BAZAAR :Price Prediction for 2nd Week March 2020.

Major decrement in Crude prices, effect of Corona virus epidemic at China as a major influencing factor, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week,

✔PP & PET: May down by Re.1 - 2/kg.
✔HDPE, LLDPE & LDPE : Mostly No Change 
✔PVC, PS & ABS : Mostly Roll Over

👉Pl. Note: To boost buying confidence company may announced Price Protection or Discount schemes.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

POLYMER BAZAAR :Price Prediction for 1st March 2020.

As per to Current bazaar bazaar circumstances, effect of Corona virus epidemic at China as a major influencing factor, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week,

✔PP : May down by Re.1-2/kg
✔HDPE , LLDPE & LDPE : Mostly No Change
✔PVC , PET ,PS & ABS : Mostly Roll Over

👉 Also Note: Company will withdraw Price Protection & Applicable Discount schemes.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

   Price Prediction for Week 3rd February 2020.
 
Looking to Current bazaar scenario, effect of Corona virus epidemic at China as a major influencing factor, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week,

✔ PP / HDPE / LDPE / LLDPE / PVC: Mostly No Change

👉 If required ,in order to boost buying confidence , Indian companies may offer Price Protection in PP & PE.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Price Prediction & Purchase Opinion:

Looking to Current bazaar scenario, effect of Corona virus epidemic at China as a major influencing factor, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price change for this week,

✔ PP : Mostly No Change or  Down by Re.1 - 1.5/kg 
✔  HDPE & LLDPE : May Down by Re.1 - 2/Kg or No Change
✔ LDPE , PVC & PET : Mostly No Change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Price Prediction & Purchase Opinion:

🔷 Today Indian companies are likely to roll over polymer prices on higher side, Since next revision is going to be highly influenced by announcement / changes ( if any ) to be made in union budget , Indian companies will declare their prices after reviewing budget.

▶ Budget Expectations :
Budget 2020 will be presented on February 1 , by Finance Minister Nirmala Sitharaman.Stagflation looms as India grinds toward its slowest expansion in more than a decade. As per available source Indian Government may revise BCD ( Basic Custom Duty ) upward on import of polymers in range of 2.5 to 5 % in order to safeguard domestic polymer producers. If Indian govt. hikes BCD ,Indian Polymer producers will get a room to increase polymers price accordingly

🔷 Corona Virus effect : 
As the outbreak of the mysterious new coronavirus rapidly spreads, the Chinese authorities have extended their new year holidays till 9th Feb'20.As per them official count of known cases jumped again overnight, World is eyeing on latest developments on coronavirus matter.

Remaining close for long holidays & non participation in global buying ,Polymers price is going to be highly affected. Considering the above possibilities along with geo political unrest & other price governing factors , Polymer buying is advisable at current price levels.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)aa

Price Prediction for Week 2nd January 2020

Looking to Current scenario, international offers for Indian bazaar, feedstock prices & other price governing factors, it seems that India producers may give below price change for this week,

✔ PP : May UP by Re.1 - 1.5/kg OR No change
✔HDPE , LLDPE, LDPE & PVC : May UP by Re.1 - 2/Kg
✔ PET : May Up by Rs. 2 - 3/kg.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Price Prediction for 1st January 2020.
Looking to Current scenario, international offers for Indian bazaar, feedstock prices & other price governing factors, it seems that India producers may give below price change for 1st January -2020.

✔ PP : Mostly Roll over OR UP by Re.1/kg
✔ HDPE , LLDPE & PVC : May UP by Re.1 - 2/kg OR No change
✔ LDPE  & PET : May roll over OR UP by Re.1 - 1.5/kg
✔ PS & ABS : May UP by Rs.1 - 2/kg
✔ Nylon : May Down by Rs.3 - 5/kg (Grade Specific)
✔ SAN & PC : Mostly Roll over

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Price Prediction for week 3rd December 2019.

Looking to Current scenario, international offers for Indian bazaar, feedstock prices & other price governing factors, it seems that India producers may give below price change for this week,

✔ PP, HDPE , LDPE & PVC : Mostly No Change OR up by Re.1-2/kg
✔ LLDPE / PET: May up by Re.1-2/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

▶️ Price Prediction for week 2nd December 2019.

Looking to Current scenario, international offers for Indian bazaar, feedstock prices, ample availability of  material & other price governing factors, it seems that India producers may give below price change for this week,

✔ PP & PET : Mostly No Change
✔ HDPE , LDPE & PVC : Mostly No Change OR up by Re.1-2/kg
✔ LLDPE : May up by Re.1-2/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

▶️ Price Prediction for 1st December 2019.

Looking to Current scenario, international offers for Indian bazaar, feedstock prices, ample availability of  material & other price governing factors, it seems that India producers may give below price change for 1st December 2019,

✔ PP : May down by Rs 2-3/kg
✔ LLDPE/HDPE: May Down by Rs. 1 - 2/kg.
✔ LDPE Lamination: May Down by Rs. 2 - 3/kg.
✔ PVC/PET: Mostly No Change

🔹 Also Note: Price protection will be discontinue & Sp. discount schemes will be withdrawn ( If applicable ).

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
▶️ Price Prediction for 1st November 2019: 
 
Looking to Current scenario, international offers for Indian bazaar, feedstock prices, availability of material & other price governing factors, it seems that India producers may give below price change,

✔PP :May down by Rs.2-3/kg
✔ LLDPE & PVC : Mostly No change
✔ HDPE / LDPE & PET : May down by Re.1–2/kg

🔺Also note: Company will withdraw announced Price Protection scheme.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

▶️ Price Prediction for week 4th October 2019:

Looking to Current scenario, international offers for Indian bazaar & other price governing factors, it seems that India producers may give below price revision.

✔ PP : Mostly No change & Company may offer Price Protection
✔ PE & PVC : Mostly No change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

▶ Price Prediction for week 3rd October 2019: 

Looking to Current scenario, international offers for Indian bazaar, feedstock prices, availability of material & other price governing factors, it seems that India producers may give below price change,

✔ PP : Mostly down by Re.1 - 2/kg
✔ HDPE: Mostly No Change or down by Re.1/kg
✔ LLDPE, LDPE & PVC : Mostly No Change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

️ Price Prediction for week 2nd October 2019
 
Looking to Current scenario, higher feedstock prices, international offers for Indian bazaar, availability of material & other price governing factors, it seems that India producers may give belove price change,

✔ PP & PVC : Mostly No change OR down by Re.1-1.5/kg
✔ HDPE ,LLDPE  & LDPE: Likely to be reduced by Rs.1-1.5/kg OR  companies may offer price protection
✔ PET : May Up by next week ( Monday)

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

  Price Prediction for 1st October 2019: 
  Looking to Current scenario, higher international offers for Indian bazaar & other price governing factors, it seems that India producers may revise Polymer Price as under.

✔ PP , LDPE & PS : Mostly No Change or Up by Rs. 1 - 2/kg.
✔ LLDPE & HDPE : Mostly Up by Rs.1-2/kg
✔ PVC & PET: Mostly No Change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predicted figure may vary if any of governing factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Price Prediction for week 3rd September 2019:
Looking to Current scenario, higher feedstock prices, international offers for Indian bazaar, availability of material & other price governing factors, it seems that India producers may give below price change

✔ PP: Mostly no Change or Up by Rs. 1 - 2/kg
✔ PE & PVC : Mostly No Change
✔ PET :  May Up prices by Rs. 2 - 3/kg.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Price Prediction for week 2nd September 2019:
Looking to Current scenario, international offers for Indian bazaar, limited availability of material & other price governing factors, it seems that India producers may come with below given revision,

✔ PP , LDPE & PVC : Mostly No Change
✔ HDPE & LLDPE : Mostly Down by Re.1 to Rs.2/kg

👉 Pl.note : It seems that Indian companies will continue applicable Price Protection

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
   Price Prediction for 1st September 2019
 
Looking to Current scenario, international offers for Indian bazaar, limited availability of material & other price governing factors, it seems that India producers may come with below given revision,

✔ PP : May Up by Re.1.5 - 2/kg 
✔ HDPE & PVC: Mostly No change
✔ LL : May down by Rs.1-2/kg OR No change 
✔LD : Mostly NC ,1070 down by Rs.1-2/kg
✔PET Mostly Down by Re.1-2/kg. or No Change

👉 Pl.note : Indian companies will also discontinue applicable Price Protection.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

   ▶ Polymer Price Prediction for 2nd week August 2019
Looking to Current scenario, international offers for Indian bazaar, limited availability of material & other price governing factors, it seems that India producers may come with below given revision,

✔ PP : Mostly No change OR Up by Re.1-1.5/kg
✔ PE / PVC: Mostly No change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also.)
▶️ Price Prediction for 1st August 2019
Looking to Current scenario, international offers for Indian bazaar, limited availability of material & other price governing factors, it seems that India producers may come with below given revision for 1st August ‘19.

✔ PP & HDPE : Mostly No change or Down by Re.1 - 1.5/kg.
✔ LLDPE & PVC : Mostly Down by Rs.1 - 2/kg.
✔ LDPE : May be Rolled over
✔ PET ,PS & ABS: Likely to be reduced by Rs.2 - 3/kg

🔹 Also Note: Price protection ( PVC & PET ) will be discontinue & Sp. discount schemes will be withdrawn ( If applicable ) .

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also.)
▶️ Price Prediction for 4th Week July'19:

Looking to Current scenario, international offers for Indian bazaar, limited availability of material & other governing factors, it seems that India producers may come with below given revision for this week.

✔ PP & PE: May No change
✔ PVC: May Down by Rs. 1-1.5/kg or No Change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also.)

Price Prediction for week 2nd July 2019: 

Looking to Current scenario, China -US trade war concerns, international offers for Indian bazaar, limited availability of material & other governing factors, it seems that India producers may come with below given revision for this week.

✔ PP : May UP by Re. 1 - 1.5/kg OR No change
✔ PE & PVC : Mostly No change
✔ PET: May Up by Rs. 2 -3/kg( Revision May announce on 15th July'19)

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also.)

🔺 Polymer Prediction for 1st July 2019 
Looking to current scenario, local producers may come with below given revision.

✔ PP , PE & PVC : Mostly Rolled over
✔ PET & PS : May UP by Rs.1.5-2.5/kg

👉 Pl.Note : All applicable Discount schemes will be withdrawn ( If any).You are requested to monitor all price governing factors closely ,as At any point of time, bazaar sentiments may take “ U Turn” & Stockiest May start building inventories

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Looking to current scenario, local producers may come with below given revision.
🔺 Price Prediction for 2nd Week June 2019.
 
Looking to Current scenario, China -US trade war concerns, international offers for Indian bazaar & factors governing , it seems that India producers may come with below given revision for this week.

✔ PP : Mostly No Change or Down by Re. 1 - 2/kg
✔ PE : Mostly No change
✔ PVC: May Up  by Rs. 1 - 1.5/kg
✔ PET: May Down by 2 - 3/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Price Prediction for 1st June 2019.
On account of ongoing trade war between USA & China- both countries are targeting to explore other potential area to retain their export share. Based on population & healthy consumption capacity -India is one the most preferred bazaar.

In order to counter huge imports & safe guard domestic producers , Indian govt. is under process of evaluating import duty structure. There are chances that Govt. may redesign import duty with increment.Looking to current scenario & other price governing factors,it seems that local producers may come with below given revision.

✔ PP  Homo Polymer: May down by Rs.1.5 -2.5 /kg
✔ ICP & RCP : May down by Rs.2-3/kg
✔ HDPE & LLDPE : May down by Rs.1.5-2.5/kg
✔ LDPE & PS : May down by Rs.2-3/kg
✔ PVC & ABS :Mostly No change
✔ PET : May down by Rs.3-4/kg

👉Pl. Note: All applicable discounts schemes & Price Protection will be discontinue.
🔺 Price Prediction : Week 3rd May 2019

Looking to current changing scenario, it seems that India producers may come with below given revision for this week.

✔ PP: May Up by Rs. 1 - 1.5/kg.
✔ HDPE/LLDPE/LDPE/PVC: No Change
✔ PET: May Down by Rs 2 - 3/kg

👉 Pl. Note: Company will withdraw earlier announced Price protection scheme in HDPE/LLDPE.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

🔺 Price Prediction : Week 2nd May 2019.
Looking to current scenario, China -US trade war concerns, crude oil volatility , international offers for Indian bazaar, and factors governing polymers prices /trend, it seems that India producers may come with below given revision for this week.

✔ PP : Up by Re.1-1.5/kg or No Change
✔ PVC:May Up by Re.1-1.5/kg OR No change
✔ HDPE / LLDPE / LDPE / PET:Mostly No Change

👉 Purchase opinion : Buying is suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Price Prediction for 1st May 2019.
Looking to current changing scenario, it seems that India producers may come with below given revision for this week.

✔ PP : May UP by Re.1-2/kg
✔ PVC:May UP by Re. 1-1.5/kg
✔ HDPE / LLDPE / PET:Mostly No Change
✔ LDPE : May Down by Rs. 1-2/kg

👉 Purchase opinion : Buying is suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Price Prediction :  week 4th April 2019.


Looking to current changing scenario, it seems that India producers may come with below given revision for this week.

✔ PP : Mostly No change OR UP by Re.1/kg
✔ HDPE / LLDPE / LDPE / PVC: Mostly No change

👉 Purchase opinion : Buying is suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Price Prediction : week 3rd ,April 2019
Looking to current scenario, it seems that India producers may come with below given revision

✔ PP : Mostly No change OR UP by Re.1/kg
✔ HD ,LL & LD : No change
✔ PVC : May down by Re.1-2/kg OR No change
✔ PET: May Up by Rs.2 – 3 /kg 

👉 Purchase opinion : Buying is suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Next Expected Polymer rate revision for 1st April 2019

Looking to current bazaar scenario & Price governing factors ,it seems that Indian Producers may offer price revision as under.


✔PP , HD & LL : Mostly No change OR Down by Re.1-1.5/kg.

                      (Possibilities of Rolled over is on higher side )

✔ LDPE & PET : Mostly No change

✔ PVC : Mostly No change OR Down by Re.1/kg

✔PS & ABS : May down by Rs.2-4/kg

👉All applicable discount scheme will be withdrawn .

🔺 Polymer Price Prediction for 1st March 2019.
Influenced with current scenario & price governing factors ,we forecast below given prediction for 1st March 2019.

🔷PP & LL : May UP by Re.1-1.5/kg OR no change 
🔷HD ,PVC & PET  : Mostly No change 
🔷LD :  May UP by Re.1-3/kg

Pl.note , Ongoing current cross border tension may also affect price revision if situation step in to more critical stage.Even USD -INR exchange will
Be affected & depreciation of INR will give further room
to offer price hike.

👉 Purchase Opinion :
Applicable Discount schemes will be withdrawn from 1st March 2019. Considering all factors ,Buying is strongly suggested .
🔺 Next Expected Polymer rate revision for week 3rd February'19
Looking to current bazaar scenario & Price governing factors ,it seems that Indian Producers may offer price revision as under,

🔷 PP :  May UP by Re.1 - Rs. 1.5/kg.
🔷 LLDPE , LDPE  & HDPE : Up by Re.1 - 1.5/kg OR No change.
🔷 PVC : Mostly No change
🔷 PET : Up By Rs.2-3/kg

🛑 Purchase Opinion : Open Bazaar is witnessing premium in PP raffia ,Inj. Mldg.,PP TQ ,LLDPE film & HM film grades. Buying is strongly suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Next Expected Polymer rate revision for week 2nd February'19.
Looking to current bazaar scenario & Price governing factors ,it seems that Indian Producers may offer price revision as under,

🔷 LLDPE :  May UP by Re.1 - Rs. 1.5/kg. or No Change
🔷 PP / LDPE / HDPE / PVC : Mostly No change.

🛑 Purchase Opinion ( All Polymers ):
✔Buying Trend at China will be of aggression once buyers are back to desk after their National Holidays. Indian Producers May restrict Supply upto MOU qty ( PP ) & we may witness shortage In days ahead.

✔Custom exchange will increase and international offers at Indian Ports may come with hike for days to come. Limited availability is observed in LLDPE / HM & some other routine grades. Open bazaar Prices are already shoot up by Re.1-1.5/kg.

✔Traders , Importers ,Convertors can consider this phase to take Positions & can proceed for inventory building. Buying is strongly suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

▶ Prediction : PET Price Alert: 

As per latest scenario taking place in raw material Industry & to counter qty. imports at Indian Ports - major decision of price reduction seems to be on the way.


Indian Producers may withdraw additional discounts applicable on lifting of PET from 1st Feb.2019. Such action may result in marginal reduction in open bazaar prices wef 1 st Feb.19.


🔷 Option 1: Either Domestic Producer reduce PET Prices marginally by Rs.6 - 8/kg & also squeeze Sp. disc. to Rs.4  - 6/kg. ( Applicable  Disc. Differs with monthly lifting qty.)


🔷 Option 2: Or They can directly offer price reduction of Rs.8 - 10/kg.


▶ Next Expected Polymer rate revision for 1st February'19.

Looking to current scenario & Price governing factors ,it seems that Indian Producers may offer price revision as under,

🔷 PVC & PP :  May UP by Re.1 - Rs. 1.5/kg. 
🔷 LLDPE & LDPE : Mostly No change .
🔷 HDPE : May Down by Re.1 - Rs. 1.5 OR No Change
🔷 PET : May up by Rs.2 - Rs. 3/kg

🔺 Purchase Opinion: Chances of Increment on 1st Feb.19 is  on higher side (For the polymers mentioned above ). Traders , Importers ,Convertors can consider this phase for U turn & can proceed for inventory building.  Buying is suggested. (except HD)

👉Also note : Company will withdraw applicable discounts schemes from 1st Feb.19.
▶ Next Expected Polymer rate revision for week 4th January'19.

HDPE

▶ HM Film : F55HM/ E34A: Up by Rs 0.5

▶ HD MF : Y50A010U : Up by Rs 0.5

▶ other Grades of HDPE : No Change

LLDPE

▶ LLDPE Film 2 MFI Slip & Non Slip : Up by Rs 1.250

▶ other Grades of  LLDPE: No Change

▶ Polymer Price Prediction for 1st January 2019

Looking to current scenario & other price governing factors,Pl.note below given prediction.

✔ PP : Mostly No change 

✔HDPE / LLDPE / LDPE   : Mostly No Change

✔ PVC :May Up by Re.1 - Rs. 1.5/kg

✔ PET & PS :May Down by Re.2 - Rs. 3/kg

✔ABS : May down by Rs.3-4/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Next Expected Polymer rate revision for week 2nd December 2018.

Looking to current scenario & other price governing factors - we are here with the prediction for this week.

✔ PP / HDPE / LLDPE / LDPE / PET  : Mostly No Change
✔ PVC :May Up by Re.1 - Rs. 1.5/kg
✔ PS :May Up by Re.1 - Rs. 2/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

▶ Next Expected Polymer rate revision for 1st December 2018.

On account of current downfall in crude prices , China bazaar - Spot & Future deals ,latest Offers for Indian bazaar, Indian rupee appreciation against USD & other price governing factors are guiding for below given prediction for 1st Dec.2018

✔ PP : May down by Rs.4 - Rs. 6/kg
✔ HDPE / LLDPE / PET / PS / ABS : May see reduction from Rs. 3 - Rs. 5/kg
✔ LDPE: May down by Rs.2 - Rs. 4/kg
✔ PVC :May down by Re.1 - Rs. 2/kg

🔶 Also note:  Price Protection & all offtake based discount schemes will Be withdrawn.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

▶ Next Expected Polymer rate revision for 22nd November 2018.

This week ,Sudden downfall at China Bazaar has resulted in drastic slash in offer price for Indian Ports.Looking to current reduction it seems that Indian Polymer Producers will be forced to offer Price correction for this week.

✔ PP : May witness downward by Rs.2 - 3/kg
✔ HD, LLDPE & LDPE : May be reduce by Rs.1.5 - 2.5/kg
✔ PVC : Mostly No change OR may UP by Re.1/kg

🔶  Prevailing Price Protection May be withdrawn with an introduction of fresh price Protection.


▶ Polymer Price Prediction: Week 3 rd ( for 15 th Nov.18 ). 

Looking to current dull bazaar scenario, lower feedstock & international offers for Indian bazaar, and factors governing polymers prices /trend directs for below given price revision. Demand was muted on account of Indian New Year ' Diwali'. Industry has opted for ' Wait & Watch' Policy. In order to boost buying confidence ,Indian producers may discontinue old Price protection & can announce fresh price protection.


✔ PP : May DOWN by Rs..1.5 - 2/kg

✔ HDPE, LLDPE & LDPE: May DOWN by Rs. 1 - 1.5/kg

✔ PET: May DOWN by Rs. 3 - 4/kg


( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

🔺 Polymer Price Prediction for 1st November'18
Looking to current scenario & Price governing factors ,it seems that Indian Producers may offer price revision as under

🔷 PP / HD /LL & LD  : Mostly no change followed by withdrawn of prevailing Discount scheme ( If applicable ).

🔷 PVC : May UP  by Rs.1.-Rs.1.5/kg OR No change

🔷 PET : May see downward by Rs.1.5-Rs.2.5/kg

🔷 PS & ABS : May down by Rs.2-3/kg
( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction: week 4th October 18
This week -Looking to current scenario & Price governing factors , it seems that Indian companies will mostly Roll Over Polymer Price.

🔷 Price Protection : On account of dull buying sentiment,local producers has already offered different offtake based discount scheme .However response from industry is still not satisfactory- as it was expected.

Hence , In order to boost buying confidence ,Indian companies may offer Price Protection for PP ,HDPE & LLDPE.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction: week 2nd October 18

Rising crude oil prices, strength in the dollar index and continuous weakness emerging in currencies , are key factors for all time high INR depreciation. Looking to upcoming festive season ,current scenario, higher feedstock offers & higher international offers for Indian bazaar along with factors governing polymers prices /trend directs for below given price revision.

✔ PP : Mostly Rolled Over
✔ LLDPE & HDPE : May UP by Re.1 - 2/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)


🔺 Polymer Price Prediction: week 2nd Sept.18

Rising crude oil prices, strength in the dollar index and weakness in emerging currencies bazaar , are key factors for INR depreciation. 

Looking to upcoming festive season ,current scenario, higher feedstock offers & higher international offers for Indian bazaar along with factors governing polymers prices /trend directs for below given price revision.

✔ PP : May up by Rs.1.5-2/kg
✔ HDPE ,LLDPE & LDPE : May up by Re.1-1.5/kg
✔ PET : May up by Rs. 2 - 3/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

Polymer Price Prediction: PET - Probably we expect rise this Saturday or next Monday only 
Rising crude oil prices, strength in the dollar index and weakness in emerging currencies bazaar , are key factors for INR depreciation. 

Looking to current scenario, higher feedstock offers & higher international offers for Indian bazaar along with factors governing polymers prices /trend directs for below given price revision.

✔ PET: May be UP by Rs. 3 - 4/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction for  1st September 2018:
China -US trade war concerns, rising crude oil prices, strength in the dollar index and weakness in emerging currencies bazaar , are key factors for INR depreciation.

Looking to current scenario & Latest offers for Indian bazaar along with factors governing polymers prices /trend directs for below given price revision.

✔ PP : May be UP by Rs.1-Rs.2/kg
✔ HDPE: Mostly No change .
✔ LLDPE , LDPE & PVC: Mostly No change OR UP by Re.1/kg
✔ PET: May be UP by Rs. 3 - 4/kg
✔ ABS / PS: May be UP by Rs.1-Rs.2/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)
Polymer Price Prediction for this week : 2nd week of August 2018.

Looking to current bazaar scenario & Latest offers for Indian bazaar along with factors governing polymers prices /trend directs for below given price revision.

Good buying sentiments observed at China ,which lead “ U turn “ in major polymers. Considering all price governing factors ,It seems that Indian Polymer Producers may offer rollover followed .Buying is strongly suggested .

Rising crude oil prices, China -US trade war concerns, strength in the dollar index and weakness in the emerging bazaar currencies are key factors for INR depreciation.

✔ PP ,PE & PVC: May unchanged
✔ PET: May Up Rs. 1.5 - Rs.2/kg ( Revision either declare on 9th Aug. OR on 14 th Aug. 2018)

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

🔺 Polymer Price Prediction for 1st August 2018

Looking to current bazaar scenario & Latest offers for Indian bazaar along with factors governing polymers prices /trend directs for below given price revision.

Over & above Price Protection, company has also offered Sp. disc.based on July off take in order to boost buying tone. Considering all price governing factors ,It seems that Indian Polymer Producers will reduce price followed by discontinuation of Price Protection & Sp. Disc. Scheme from 1st Aug.18. ( if applicable ). Buying is suggested .

This month, Indian Rupee (INR) fell to record low against USD at 69.09/$ possibly due to a sharp decline the Chinese Yuan. Rising crude oil prices, China -US trade war concerns, strength in the dollar index and weakness in the emerging bazaar currencies are key factors for INR depreciation.

✔ PP , LLDPE : May Down by Re.1 - 1.5/kg
✔  LDPE : May Down Re.1-2/kg
✔ HDPE: Mostly Roll over Or down by Re.1/kg
✔ PVC : Mostly Roll over
✔ PET: Mostly Down by Rs 3 - 4/kg
✔ ABS: Mostly Up by Rs1.5 - 2/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally. Subscribers are requested to consider their personal influence also)

🔺 Polymer Price Prediction for 1st July 2018.

This week, Indian Rupee (INR) fell to record low against USD at 69.09/$ possibly due to a sharp decline the Chinese Yuan. Rising crude oil prices, trade war concerns, strength in the dollar index and weakness in the emerging bazaar currencies are key factors for INR depreciation.

Issued Price Protection may result in Roll over on account of changing equation of weakening Rupee & rising crude value. Looking to current bazaar scenario & Latest offers for Indian bazaar along with factors governing polymers prices /trend directs for below given price revision.

✔ PP / HDPE / LDPE / PVC / PET / PS / PVC: Mostly No Change
✔ LLDPE: Mostly No Change or Down by Re.1 - 1.5/kg
✔ Pl Note: Price Protection scheme will be withdrawn. (if applicable.)

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

🔺 Polymer Price Prediction for week 2nd June 2018.
Looking to current scenario & Latest offers for Indian bazaar along with factors governing polymers prices /trend directs for below given price revision.

✔ PP / PE / PET / PS: Mostly No Change
✔ PVC : May Up by Re.1/kg OR No change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction for 1st June 2018.
Oil prices fell more than $2 per barrel on Saudi Arabia and Russia discussed easing production cuts that have helped push crude prices to their highest since 2014.

On account of Ongoing Ramadan , supplies from Middle East & Iran are severely affected. Bazaar may witness shortage of Polymers in days ahead. Rupee depreciation,higher crude price ,latest international offers of Polymers at Indian Port & Other price controlling factors guides towards below given Prediction. Buying is strongly suggested.

✔ PP: May Up Re. 1- 1.5/kg.
✔ HDPE : May up by Re.1/kg OR No change
✔ LDPE: Mostly No Change
✔ LLDPE / PET: Mostly No Change OR Up by Re. 1/kg
✔ PVC : Mostly No Change
✔ PS  & ABS : May Up by Re. 1 - 2/kg.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction for Week 4th May 2018.

Crude has surpassed $ 80/bbl rising concerns for expected increments in petrochemicals products.On other end, Indian Rupee has crossed mark of Rs. 68/$, weakening Rupee against USD-a major factor in the Decision of Domestic Producers to hike the Polymer Prices for local bazaar. Referring all the factors,next expected Price revision is as under.

On account of Ongoing Ramadan , supplies from Middle East & Iran are severely affected. Bazaar may witness shortage of Polymers in days ahead. Buying is strongly suggested.

✔ PP ,LLDPE & LDPE: Mostly No Change
✔ HDPE & HM : Mostly No Change or May up by Rs.1/kg
✔ PVC : May Up by Rs. 1 - 2/kg
✔ PET : Mostly No change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

🔺Polymer Price Prediction for Week 3rd May 2018 
 
Looking to current bazaar scenario, rising Crude oil prices, weaker Indian Rupee, Latest higher offers for Indian bazaar, factors governing polymers prices & trend directs for this week as under 

✔PP ,LLDPE & LDPE: Mostly Up by Rs.1-1.5/kg 
✔HDPE & HM : May up by Rs.1.5-2/kg
✔PVC : Mostly No change 

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺Polymer Price Prediction for Week 2nd May 2018
Looking to current bazaar scenario, rising Crude oil prices, weaker Indian Rupee, Latest higher offers for Indian bazaar, factors governing polymers prices & trend directs for this week as under 

✔PP ,LLDPE & LDPE: Mostly Up by Rs.1-1.5/kg 
✔HDPE & HM : May up by Rs.1.-1.5/kg
✔PVC : Mostly No change 
✔PET : Mostly Up by Rs.2 - 3/kg 

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

🔺Polymer Price Prediction for 1st May 2018
Looking to current bazaar scenario, rising Crude oil prices, weaker Indian Rupee, Latest higher offers for Indian bazaar, factors governing polymers prices & trend directs for below predictions for 1/5/18.

✔ PP / HDPE /LLDPE :May Up by Re.1.5 - 2.5/kg
✔ LDPE : Mostly Up by Re.1 - 2/kg
✔ PVC: May Up by Rs. 1 - 2 /kg
✔ PET: May up by Rs. 2 - 3/kg

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction: PET 
Looking to current bazaar scenario , Crude oil movement, shortage of material in Indian bazaar, Higher PTA & MEG offers, factors governing polymers prices & trend directs for below predictions for this week.

✔ PET : May UP by Rs 2-3/kg

Revision is probably expected to be announced for next week.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction: Week 2nd April 2018.

Looking to current bazaar scenario , Crude oil movement, Latest offers for Indian bazaar, factors governing polymers prices & trend directs for below predictions for this week.

✔ PP :Mostly No change or Down by Re.1/kg
✔ PE /PVC /PET : Mostly No Change

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)


 Polymer Price Prediction for 1st April 2018.

Looking to current bazaar scenario ,Crude oil movement, Latest offers for Indian bazaar, factors governing polymers prices & trend directs for below predictions for 1st April 2018.

✔ PP / HDPE / LLDPE : May Down by Rs. 1.5 - 2.5/kg
✔ LDPE : Mostly No change or Down by Re.1/kg
✔ PVC : May Down by Rs.1 - 1.5/kg
✔ PET : Mostly No change
✔ PS : May Down by Re.1 - 2/kg


🔴Also note: All Discount scheme & Price Protection ( If any)  will be withdrawn upon announcement of fresh round of Revision.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction: Week 4th March 2018. 
Looking to current bazaar scenario ,Crude oil movement, Higher offers for Indian Port, factors governing polymers prices & trend directs for below predictions for this week.

✔ PP : Mostly No change OR may reduce by Re.1-1.5/kg .Since all  Producers are  having their own pricing policy ,which differ with others - some of them may opt to offer Price Protection.
✔ PE : Roll over possibilities are  on higher side 
✔ PVC / PET : Mostly No change for this week

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

🔺 Next expected Polymer Rate revision for 1st March 2018  ( Date: 27/2/18 )
Looking to current bazaar scenario ,Crude oil movement, Higher offers for Indian Port, factors governing polymers prices & trend directs for below predictions.

✔  PP / HDPE : May Up by Re.1 - 1.5/kg 
✔ LDPE: May Up by Rs.2 - 4/kg ( Diff. grades will have diff. revisions)
✔ LLDPE  & PVC : Mostly No change OR Up by Re.1 - 1.5/kg
✔ PET / PS & ABS : Mostly No change

🔷 Purchase Opinion : March being last month of MOU completion, dealers, stockist & mfgrs. will be under pressure of meeting MOU qty. criteria. Buying sentiments are aggressive in HDPE / HM Grades. PP , LLDPE &  other polymers are witnessing improved buying sentiments. Polymer Buying is suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Next Expected Polymer rate revision: Week 3rd February.18
 
Looking to current bazaar scenario ,crude oil movement, factors governing polymers prices & trend directs for below predictions.

✔  PP , LLDPE & LDPE: Mostly No change  or May up by Re.1-1.5/kg
✔ HDPE & PVC : May Up by Re.1 to 1.5/kg
✔ PET: May Up by Rs.2-3/kg

🔷 Purchase Opinion : HM ,HDPE Blow mldg. & PVC observed under healthy demand,while other polymers are witnessing improved buying sentiments Buying is  suggested.
 🔺 Next Expected Polymer rate revision: Week 2nd February.18 
Looking to current bazaar scenario ,crude oil price volatility, higher international offers for Indian ports & other price affecting factors guides towards below prediction. 

✔ PP / PE : Mostly No Change
✔ PVC: Mostly No Change or May up by Re.1/kg
🔷  Purchase Opinion: Buying is suggested

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Next Expected rate revision for 1st Feb.18
Looking to current bazaar scenario ,crude oil price volatility, higher international offers for Indian ports & other price affecting factors guides towards below prediction. 

✔ PP / HDPE/LLDPE & PVC : May up by Re.1-Rs.1.5/kg
✔ PET: May up by Re.1.5-Rs.2/kg
✔ LDPE / ABS : May Up by Rs.2-3/kg

🔷  Purchase Opinion: Buying is strongly suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

🔺 Next Expected Polymer rate revision: week 4th January'18

Looking to current bazaar scenario ,crude oil price volatility, higher international offers for Indian ports & other price affecting factors guides towards below prediction. 

✔ PP / LLDPE / LDPE: Mostly No Change

✔ HD Blow / HM film / PVC: Mostly No change or Up by Re.1-1.5/kg

🔷  Purchase Opinion: Buying is strongly suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

   Next Expected Polymer rate revision: week 3rd January'18

Looking to current bazaar scenario ,crude oil price volatility, higher international offers for Indian ports & other price affecting factors guides towards below prediction. 


✔ PP: May Up by Re.1 - 1.5/kg
✔ HD ,LL & LD : Mostly No change
✔ PVC : Mostly No change or Up by Re.1/kg

🔷 Purchase Opinion: Buying is strongly suggested.

( Note : Predictions are given based on our study / research monitoring current bazaar scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

🔺 Polymer Bazaar watch & Price Prediction:

Looking to current scenario ,factors governing polymers prices & trend directs for below predictions.

✔ PP : May up by Re.1-1.5/kg or Rolled over
✔ PE: Mostly rolled over

🔷 Purchase Opinion : HM & PVC observed under healthy demand,while other polymers are witnessing an approach of Need base requirements. Buying is  suggested.

( Note : Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺Next expected Polymer Rate revision : PET.

🔹 Crude Oil Scenario:
Crude Oil prices rose as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles, while expectations for an extended shutdown of a major North Sea crude pipeline also continued to bolster markets.

🔹China Bazaar:
PTA market in December, it will largely depends on supply and demand.PTA fluidity in East China will remain tight. In the short term, PTA futures Jan Contract presented bullish upon the bullish expectation about PTA market balance in December.

🔹Indian Bazaar:
Looking to current scenario, movement in crude oil prices, fresh international offers, local bazaar uncertainty local producers guides towards below prediction.

✔ PET : Mostly Up by Rs. 1 - 2/kg

🔺 Polymer Bazaar watch & Price Prediction for 1/12/17:

🔹 Crude Oil Scenario:
Crude oil prices jumped but failed to offset their first weekly loss in six weeks as fears over rising U.S. output persisted, while falling expectations for an extension of OPEC-led output curbs weighed on sentiment.Discussions are continuing in the run-up to the Nov. 30 meeting, which oil ministers from OPEC and the participating non-OPEC countries will attend.

🔹 China Bazaar :
Demand seems gearing up & shifting to firm note. Spot PP started relatively firm as futures contract continued rising in last week while future prices assessed mixed. PE market mainly fell down through the week recorded. Since mid of the week, market sentiment cooled down. PE spot is partly weaker. 

🔹 Indian Bazaar:
Looking to current scenario, movement in crude oil prices, fresh international offers, local bazaar uncertainty & announced  heavy discounts in HDPE & LLDPE by local producers guides towards below prediction.

🔷 PVC producers from Taiwan,Korea & other countries may increase their PVC offers by $ 10-15/mt,for December 2017.

✔ PP / PET : Mostly Up by Rs. 1 - 2/kg
✔ PE/PVC/PS : Mostly rolled over 

🔷Disc.Schemes : Indian Producers may withdraw all discounts scheme from 1st Dec.17.

( Note : Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
▶ Polymer Bazaar watch & Price Prediction for 15/11/17:
🔹 Crude Oil Scenario:
WTI and MCX oil prices traded higher by 2.7 and 4.4 percent last week on account of commitment by the OPEC nations to cut oil output. Brent crude hit $64.65, its highest since mid - 2015, as political tensions  in the Middle East escalated after a sweeping anti - corruption purge in  top crude exporter Saudi Arabia, which in turn has confronted Iran  over the conflict in Yemen. OPEC is scheduled to meet officially at its headquarters in Vienna, Austria, on Nov. 30. 

🔹 China Bazaar :
Demand seems gearing up & shifting to firm note. Buying sentiments will surely improve further more for finished goods requirements of Europe ,USA to be delivered before 15th Dec. on account of upcoming Christmas .

🔹 Indian Bazaar:
Looking to current scenario, movement in crude oil prices, fresh international offers, local bazaar uncertainty & announced  heavy discounts in HDPE & LLDPE by local producers guides towards below prediction.

✔Formosa Plastic from Taiwan may decrease their PVC offers by $ 10-20/mt, new offers are expected in the range of $ 900-910/mt for December 2017.

✔ PP/PE/PVC : Mostly rolled over
✔ PET : Mostly Up by Rs. 1 - 2/kg

( Note : Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Polymer Bazaar watch & Price Prediction for 1/11/17:
🔹 Crude Oil Scenario:
Today Crude Oil markets were firm with Brent crude opening above $60 per barrel on expectations an OPEC-led production cut due to expire next March would be extended. OPEC is scheduled to meet officially at its headquarters in Vienna, Austria, on Nov. 30. 

🔹 China Bazaar :
Demand seems gearing up & shifting to firm note. Buying sentiments will surely improve further more for finished goods requirements of Europe ,USA to be delivered before 15th Dec. on account of upcoming Christmas .

🔹 Indian Bazaar:
Buying momentum is little dull after “Diwali”. Industry is anticipating price decrement on 1st Nov.17 ,hence planning for minimum inventories.

✔ PP & PVC : May see decrement of Re.1 - 1.5/kg
✔ HD  & LL : Mostly No change or down by Re.1/kg
✔ LD : Mostly rolled over
✔ PS : May see downward of Rs.2-Rs.4/kg
✔ PET : Mostly rolled over

( Note : Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

🔺 Polymer Bazaar watch & Price Prediction
✔ Crude Oil Scenario:Crude prices received some support from rising demand in the United States, where Gulf Coast refineries are restarting in the wake of Hurricane Harvey that hit the region less than two weeks ago. Oil output at Libya's Sharara field, the country's largest, was resuming on Wednesday after a valve was reopened on a pipeline shut by an armed group for more than two weeks.

✔ China Bazaar: Major hike seen in spot bazaar offers of PP ( + 2.65 %), LDPE (+2.42%) & LLDPE (+ 2.49%). Aggressive buying supports upward bazaar sentiments. On account of change in China's environmental policy polymer producers are facing many problems.Supply of PVC is still restricted.New offers announced by FPC are higher,other producers will also expected to follow the same.

✔ Indian bazaar: Healthy demand observed in PP Random & Raffia, HDPE Inj.Mlfg, & in some grades of LDPE & LLDPE. All PVC producers are anticipating spike in PVC demand for Oct.17 from Indian bazaar. Japanese PVC offered at $1030mt,CIF Nhava Sheva and mostly sold out. On 7th Sept.17, Formosa has raised its PVC offers Oct'17 delivery offers by $ 40mt at $ 1050/mt for CIF Nhava sheva basis.

Looking to current bazaar scenario,it seems that Indian Polymer Producers will offer Price Increment in PP, PE,PS ,PET & PVC. Buying is strongly suggested.Strong reasons for Further rise in PVC.

🔹 Hurricane effect : Intense attack of Hurricane Harvey leaded crackers to shut down of major plants. Availability of Ethylene and PVC from USA has its limitations for now,however it is expected that Asian petrochemicals producers may divert Ethylene to USA-which may resulted in shortage in Asian region. Feedstock prices are expected to remain at peak & will invite further price hike.Over all buying is strongly suggested.

✔ PP/PVC/PET : May see increment of Rs.1 - 2/kg.
✔ HDPE /LLDPE & LDPE : May up by Rs.2 - 3/kg
🔺 Next expected Polymer rate revision for 1st Sept.17

🔷 Crude Oil Scenario :
OPEC and 10 producers outside the cartel, including Russia, agreed since the start of the year to slash 1.8 million barrels per day in supply until March 2018 in order to reduce a global supply glut and rebalance the market.

✔Tropical Storm effects  :
The largest crude oil refinery in the United States, Motiva Enterprises 603,000 barrel-per-day (bpd) Port Arthur, Texas, plant, was shutting down on Tuesday night because of flooding from Harvey.Exxon Mobil’s Baytown, Texas refinery shut down. The 584,000 barrel-a-day plant is the second-largest refinery in the U.S.

Recent shut downs due to Tropical Storm Harvey continues to pummel southeast Texas along the US Gulf Coast, disrupting operations at the US's hub for refineries and petrochemical plants.Major Petrochemical producers has announced shutdown their plants upto improvement in weather.

🔹 Indian Bazaar :Upward energy & feedstock prices & current fluctuation in Crude prices, firm to strong International bazaar offers for Indian Ports & other price governing factors guides towards next due price revision from local players. Discounts schemes will be discontinued ( if any), Buying is strongly suggested.

✔ PP : May see increment of Rs.1.5 - 2.5/kg.
✔ HDPE /LLDPE/LDPE : Mostly rolled over or Up by Re.1/kg
✔ PVC: May see increment of Rs.1 - 2/kg.
✔ PET: Mostly rolled over
✔ PS: May Up by Rs. 2 to 3/kg

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

Price Prediction for 1st Aug.17

🔷Crude Oil Scenario : OPEC had reached a further agreement to cut exports from Saudi Arabia , U.A.E. and Kuwait. Saudi also said they would look to ‘forcefully demand participation’ of compliance to the production curb deal that has been extended to March 2018.Last Friday-Crude Oil closed higher consecutively for the rest of the week until settling near $50/bbl. The total gain was nearly 9% on the week


🔷China Bazaar : Last week, China Spot prices were closed with a rise of 1.5 %


✅ PP : RMB/MT

Monday Opening (24/7/17):8329

Friday Closing     (28/7/17):8400

Week On Week Difference :Up 0.85%

✅ HDPE 
Monday Opening (24/7/17):10140
Friday Closing     (28/7/17):10140
Week On Week Difference :  Stable

✅LLDPE
Mon(24/7):9400
Frid(28/7):9450
W.O.W Dif:Up by 0.53%

✅LDPE 
Mon(24/7):10125
Friday(28/7):101200
W.O.W Dif:Up by 0.74%

✅ PVC - ( RMB/MT)

Monday Opening (24/7/17): 6660

Friday Closing     (28/7/17): 6760

Week On Week Difference :  Up by  1.50%


🔺 Indian Bazaar : Normally during monsoon season, buying pattern remains needbase.Dull buying sentiments & ample availability of imports mostly Iranian ,cargoes are reason sited behind static price range of Rs.68-69/kg ( Ex.Mumbai -Excl. GST).


PolymerBazaar forecast : Upward energy prices & current hike in Crude prices, firm to strong International offers for Indian Ports & other price governing factors guides towards next due price revision from local players.


Recent announcement of Formosa Plastics,USA force majeure on supply of PVC from its Point Comfort ,Texas -will lead to definite increase of USD 30-40/Mt at Turkey and south American bazaars.Asian Bazaars are also expected to further increase by USD 20-30/mt.


PolymerBazaar forecast : Upward energy prices & current hike in Crude prices, Stable to firm International offers for Indian Ports & other price governing factors guides towards next due price revision from local players.


🔹 PP : May see increment of Rs.1.5-2.5/kg

🔹 HD /LL : Mostly rolled over with withdrawal of  Price Protection & applicable Post.sale disc. scheme ( If any)

🔹LDPE / PVC  & PET : Expected to see price hike of Re.1-Rs.2/kg. 

👉Purchase Opinion:Buying is suggested.


🔺 Polymer Price Prediction for 3rd Week July 2017:

🅿🅱

🔺  Polymer Bazaar Prediction & Scenario : PP /PE/ PVC & PET

🔹 PP:
Wef 15/7/17 -RIL increased PP raffia price by Rs.1.5/kg for Deemed export.Domestic buying sentiments are under pressure of temporary slowdown due to migration phase of acceptance of GST. Inventories are at most low level with converters & Stockiest ,hence buying is picking up gradually.  Deals are being concluded with premium in PPCP & RCP grades.

Bazaar will bounce back swiftly and materials won't be available at current rates. Currently, Importers and processors are closing the deals at negotiated prices.Chances are there that Bazaar may witness improved buying activities & upward revision in coming days. This week companies may roll over prices.

🔹 HDPE / LLDPE / LDPE :
On account of limited offtake companies has offered discounts for current month,while some LLDPE grades are still under shortage. LLDPE Hi flow is being traded  with premium of Rs.4 - 5/kg . LD 1070,16 MA & General Purpose grades are also account for limited availability. Stockiest ask for premium over company prices.Over all ,need base buying observed. This week Indian Producers may roll over prices of all PE Grades.

🔹 PVC :
Resistance observed at current levels of Rs.67.5 - 68.5/kg for Imports due to slowdown.Recent hike in International offers for CIF NS -in range of $ 950-60/mt has supported buying sentiments. Bazaar seems to note roll over or rise of Re.1-1.5/kg in days ahead.

🔹 PET :
Feedstock PTA/MEG raised marginally & offers for Indian ports noted with increment at $ 1020/mt for CIF Nhava Seva ( Chinese Make ). We may see hike of Re.1 - 2/kg very soon, Buying is suggested.

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
▶ Polymer Price Prediction for 1 st June 17:
🔹Looking to current bazaar scenario, offers prevailing at China bazaar , Indian Rupee appreciation & other affecting factors guides towards below given prediction.

Ongoing Ramadan will effect dispatches from Middle East bazaar, Iran & other Muslim countries.Limited availability of cargoes may create scarcity in polymers in coming days .

✔ PP / HDPE / LLDPE & PVC : Mostly No Change
✔ LDPE / PS : May Up by Re.1 - 1.5/kg Or No Change
✔ PET/ ABS : May Up by Rs.1 - 2/kg

✅ Purchase Opinion : Buying is suggested
🔺 Polymer Price Prediction: week 3rd- May 2017

🔹Looking to current bazaar scenario, offers prevailing at China bazaar , Indian Rupee appreciation & other affecting factors guides towards below given prediction.


✔ PP  : May down by Re.1 - 1.5/kg

✔ PE/PVC : Mostly Rolled over

👉  Purchase Opinion : Need base Buying is suggested.


(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)


🔺 Polymer Price Prediction for week 2nd May 2017

🔹Looking to current scenario, offers prevailing at China , Indian Rupee appreciation & other affecting factors guides towards below given prediction.

✔ PP  : May down by Re.1-2/kg
✔ HDPE /LLDPE : May down by Re.1 - 1.5/kg
✔ LDPE/PVC /PET / PS : Mostly Rolled over 

👉  Purchase Opinion : Need base Buying is suggested.

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

🔺 Polymer Price Prediction for 1st May 2017: 

🔹Looking to current bazaar scenario, Geo Political unrest, Indian Rupee appreciation & other affecting factors guides towards below given prediction.


✔ PP Homo  : May down by Re.1/kg OR No change
✔ PP CP /RCP : May Rolled over
✔ HDPE /LLDPE : May down by Re.1 - 2/kg
✔ LDPE : Rolled over
✔ PVC : May down by Re.1 - 1.5/kg 
✔ PET / PS : May down by Rs.2 - 3/kg

👉Pl Note: 1st May -is celebrated as Maharashtra Day & An international workers day (Labour day).Normally same is referred as a State Holiday,which may lead Indian Producers to release their Revision by the end of this week.

👉  Purchase Opinion : Need base Buying is suggested. Earlier announced Sp. Discount Scheme will be withdrawn.

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
🔺 Polymer Price Prediction & Purchase Opinion:Wk 4th April 17 (This Week)
✔ Looking to current bazaar scenario, Geo Political unrest, Indian Rupee appreciation & other affecting factors guides towards below given prediction.

🔹 PP /PE/ PVC / PET : Mostly expected to be Rolled over.

✔ PP :International bazaar trend is stable to soft ,while domestic buyers are experiencing shortage of PP CP & RCP grades. 
✔ PE : Based on dull bazaar sentiments, Indian Local companies has already offered Sp.Post sale discounts under various head.
✔ PVC : Recent downward has broken sentiments of bazaar & anticipating next reduction on 1st May 17.

👉  Purchase Opinion : Need base Buying is suggested. For all Polymers,due revision Will take place on 1st May 17.

👉Pl Note: 1st May -is celebrated as Maharashtra Day & An international workers day (Labour day).Normally same is referred as a State Holiday,which may lead Indian Producers to release their Revision by the end of this week.

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)
Polymer Price Prediction & Purchase Opinion : 3rd April 17:


✔Looking to current bazaar scenario, Geo Political unrest, Indian Rupee appreciation & other effecting factors guides towards below given prediction.

✔ PP /HDPE /LLDPE & LDPE : Mostly expected to be rolled over.
✔ PVC: Mostly Rolled over or down by Re.1/kg.
✔ PS & PET : May see downward of Rs.2-Rs.3/kg.Decrement may take place in coming days.

🔶 Purchase Opinion : Buying is suggested at company rate. Plan your inventories keeping INR-USD scenario in a calculation.
✔Looking to current bazaar scenario, Geo Political unrest, Indian Rupee appreciation & other effecting factors guides towards below given prediction.

✔ PP /HDPE /LLDPE & LDPE : Mostly expected to be rolled over.
✔ PVC: Mostly Rolled over or down by Re.1/kg.
✔ PS & PET : May see downward of Rs.2-Rs.3/kg.Decrement may take place in coming days.

🔶 Purchase Opinion : Buying is suggested at company rate. Plan your inventories keeping INR-USD scenario in a calculation.
▶ Next Expected Polymer rate revision 1st April 17:

🔺 Indian Rupee at 17 months high 


Indian rupee has geared towards further strength & noted under strong appreciation against USD by accounting below Rs.65 .( All time high since last 17 months ).Indian Custom dept.may reduce $-INR exchange rate in near future,which will conclude  cheaper imports .Spread will widen between price of domestic & Imported polymers .


🔺Local Demand : On account of limited off take ,Indian Companies has announced Sp. Incentive schemes along with Price Protection 

(for the lifting of HD & LL -in the month of March 17 ) to boost sale.


🔺Calendar is approaching financial year ending keeping industry busy in accounts & tax adjustments.Industry is also witnessing currency crisis & liquidity issues,in terms of recovery.


🔺Plant Shutdown : World wide many plants will undergo scheduled maintenance / Shutdowns during this season.


👉Looking to all above price governing factors,PolymerBazaar foresee Indian companies may reduce price of polymers.Prediction is as below.

✔PP /HD & LL :  May undergo downward by Rs.1-2/kg .

✔LD :  Mostly rolled over

✔PVC:  Mostly rolled over or down by Re.1/kg

✔PS & PET:  May down by Rs.2-3/kg

✔ABS : May see price cut by Rs.3-4/kg


🔷 Purchase Opinion : Needbase buying is suggested.Applicable Sp. Incentive scheme will be discontinue after 1/4/17.

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)


▶ Price Prediction & Purchase Opinion

Looking ongoing scenario ,It seems that Indian polymer producers will roll over prices of PP ,PE & PVC.


👉 Purchase Opinion: Polymer buying is suggested.

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

▶ Next Expected Polymer rate revision for 1st March 2017:
🔷 Despite higher international Offers for Indian Ports, prevailing Demand curve is of stable at domestic Bazaar. Buying pattern in PP, HDPE , PVC ,PS ,PET ,LL & EVA grades are of need base.

This week Middle Eastern players will announce their fresh offers & which is expected to see hike in PP & PE grades.

Looking to current scenario , latest international offers obtained for Indian Port  & other affecting factors -PolymerBazaar expects price revision for 1st Mar'17 is as under.

✔ PP & LDPE :  May see rise of Re.1 - 2/kg
✔ HDPE, LLDPE, PVC, PS & PET: Expected to remain unchanged

👉  Purchase opinion : Buying is suggested. 

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

▶ Price Prediction  & Purchase Opinion: Week 4th Feb'17

🔷 This week :

Despite higher international Offers for Indian Ports, prevailing Demand curve is of stable at domestic Bazaar. Buying pattern in PP,HDPE ,PVC ,PS ,PET ,LL & EVA grades are of need base. This week Middle Eastern players will announce their fresh offers & which is expected to see hike in PP & PE grades.


Price increment for PP , PE is due & inevitable but it seems that Indian companies will declare it on 1st March 17. Looking to current scenario , latest international offers obtained for Indian Port  & other affecting factors -PolymerBazaar expects price revision for this week as under.


✔ PP :  May remain unchanged or see rise of Rs.1.5-2.5/kg (Mostly will revise on 1st Mar.17)

✔ HD, LL ,LD ,PVC ,PS & PET: Expected to remain unchanged

👉  Purchase opinion : Buying is suggested.


(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)

.

🔺 Next Expected Polymer rate revision:Week 3rd Feb. 2017:

Buying sentiments in PP, HDPE ,LLDPE ,PS observed need base though international booking of same are approaching northward journey. On account of liquidity/Payment issues Converters have opted Need base buying tone. 


Looking to current scenario , latest international offers obtained for Indian Port  & other affecting factors -Pl note below given expected price revision for this week.


🔹As predicted ,FPC has raised its new offers by $ 30-40/mt for Indian  bazaar. New offers for  S 65 D mat.at $ 1,010/mt,CFR Nhava Sheva, Mar'17 delivery. Other PVC producers are also expected to announce their prices  in given range.


✔ PP & PE: Expected to remain unchanged

✔ PVC / PET :Expected to see price increment of Re.1.5 - 2/kg.


👉  Purchase opinion : Buying is suggested.

(Predictions are given based on our study / research monitoring current scenario of affecting factors .Predictions figure may vary if any of affecting factor fluctuates marginally.Subscribers are requested to consider their personal influence also)


▶Next Expected Polymer rate revision:Week 2nd Feb'17:

Buying pulse observed positive in all polymers esp.in PVC, PS, PP, HM Film. LDPE Lami. also LLDPE Film grades found under healthy demand. Looking to current scenario , latest international offers obtained for Indian Port & other affecting factors -Pl note below given expected price revision for this week.

✔ PP: Mostly will remain unchanged or up by Rs.1-1.5/kg (MRPL may increase price )

✔HDPE / LLDPE : Mostly rolled over

✔LDPE: May up by Re.1 - 1.5 /kg.

✔PVC : Expected to see increment of Re. 1-1.5/kg. OR No change

✔PET & PS : Mostly No Change

 Purchase opinion : Buying is strongly suggested.

(Predictions are given based on our study / research monitoring current scenario of affecting factors Predictions figure may vary if any of affecting factor fluctuates marginally Subscribers are requested to consider their personal influence also)


Next Expected Polymer rate revision for 1/2/17.


Buying pulse observed positive in all grades PP, while some issues pertaining dispatches has been reported from companies. while in LDPE, HDPE Inj.Mldg.,Blow mldg. grades, While Indian Domestic players has offered Sp. Incentive Schemes ( Offtake based ) in HDPE/LLDPE grades. Looking to bazaar scenario, latest international offers obtained for Indian Port & other affecting factors - POLYMERBAZAAR expects below given price revision for 1st February 2017.

✔ PP: May Up by Rs. 1.5 to 2/kg

✔ HDPE: Mostly No Change

✔LDPE: May Up by Rs. 1 to 1.5/kg

✔PET: Up by Rs.1.5 to 2/kg

✔ LLDPE: Mostly No Change

✔PVC: Mostly No Change

Purchase opinion : Buying is suggested. All discounts schemes will be withdrawn from 1/2/17.

▶Next Expected Polymer rate revision:


Looking to current scenario & latest international offers of polymers for Indian bazaar & other price governing factors it seems that local polymer producers may proceed for rate revision as under.

✔ PP / PVC / PET : Mostly No change

✔HDPE : Mostly rollover or up by Re.1/kg

✔LLDPE & LDPE : May see an increment in range of Rs. 2 - 2.5/kg

.

▶Next Expected Polymer rate revision: For 1/1/17

Buying pulse observed positive in all grades especially for PP Raffia, PP Inj.Midg. & random, HM /LL film grades. Looking to current scenario, latest international offers obtained for Indian Port & other

affecting factors - POLYMERBAZAAR expects below given price revision for 1st January 2017.

✔ PP & LDPE : Mostly expected to see Rise of Re.1 - 1.5/kg

✔ HDPE / LLDPE & PET : May Up by Re.1/kg OR No Change.

✔ PVC : Expected to see price cut of Re.1 - 1.5/kg

✔ PS/ABS : May Up by Rs.3.5 - 4/kg

Purchase Opinion: Buying is suggested. All discounts schemes will be withdrawn from 1/1/17.


▶Next Expected Polymer rate revision:

Improved buying sentiments at China & South East Asia -in PP ,PE & PET may lead Indian local Producers to opt for Price hike. LDPE & LLDPE grades are more bullish for increments. PP & PET grades are heading towards price improvement. Ongoing Indian local scenario due to demonetization is only reason sited behind lack luster Demand.Based on Crude trend , International offers & other Price affecting factors, Below is expected prediction.


✔PET : Mostly Up by Rs. 1.5-2/kg

✔PP & HD : May up by Re. 1-1.5/kg or No change.

✔LLDPE & LDPE :May up by Re.1-1.5/kg.


✔Restricted offtake of polymers from company end on account of current scenario, may allow producers to offer leverage of roll over though there is a room for price hike. Buying is suggested.

▶Next Expected Polymer rate revision for 1/12/16

Looking to current bazaar scenario, Crude volatility, International offers at Indian bazaar, Open Bazaar Prices & other affecting factors may lead local producers to revise prices as under.

✔PP / HDPE :May Down by Rs.1.5 to 2/kg

✔LLDPE : May Down by Re.1 to 1.5/kg

✔LDPE : May Down by Rs.2 to 3/kg

✔PVC/PS:Mostly No change

✔PET: May Up by Re.1 to 1.5/kg

PI Note: Earlier announced Price Protection & Special Discount scheme applicable for PP & PE will be withdrawn automatically from 1st Dec'16.

▶Price Prediction & Polymer Bazaar Watch:

✔USA Election status : Donald Trump wins: Republican candidate and reality TV star becomes 45th US president. In energy news, Crude opens with decrements of 4 % & $ 44.80/bbl. USA president declaration will surely influence next direction in energy & world economy.

✔At India : Currency ban declared by Indian govt.as per guideline issued by RBI with a declaration of bank holidays for next 2 working days. Industry will surely witness limited buying from company & Open holidays. Sound reversal seen at Stock exchange in response to Bazaar on account of unexpected bank Govt's move. It will take at least 7-10 working days ,to digest & submit their voice.

✔PP: International Bazaar seems supportive & buying pulse is healthy at China Bazaar. Indian buyers are covering material to maintain inventory level on account of upcoming RIL's shutdown. Current stage guides to opt for purchase.


✔HDPE / LLDPE: Latest International offers for Indian bazaar are seen with nominal change in comparison with previous week. China's domestic procurement in LLDPE assessed healthy. Indian companies had offered Sp. discounts scheme to boost offtake. Need base buying is suggested.


✔LDPE : International offers at Indian Ports are increased about $ 20-30/mt & at China-offers has crossed levels of $ 1280-1300/mt. LDPE Hi Flow 16 MA 400 recorded most short supplied polymer & being traded above Rs.119 - 122/kg at Open Bazaar. Buying is suggested.

✔PVC : Most strong Polymer for current phase , with open Bazaar price above Rs.88 - 88.5/kg at Taiwanese companies were able to sell their Delhi & approx Rs.86.5 - 87/kg at other pockets of India. PVC at $980-990/mt CIF Nhava Seva ,Mumbai. On account of robust buying observed at China & India-next offers for PVC may be seen from & 1020 - 1040/mt. Current phase of strong buying sentiments will be assist to absorb next increments. Buying is strongly suggested. This week, as per Polymer Bazaar Prediction is as under.

PP /LDPE/ PVC : Price increment of Re.1 - 1.5/kg is due,but looking to current bazaar scenario hike will be postponed for next week.

HDPE/LLDPE /PET: No change.

▶Next Expected Polymer rate revision:

Looking to current scenario, Crude volatility, International offers at Indian Ports, Open Bazaar Prices & other affecting factors may lead local producers to revise prices as under.

✔PP & PVC : May see rise of Rs.1 - 1.5/kg

✔PE / PET : Mostly No change.

Purchase Opinion: Buying is suggested.

▶Next Expected Polymer rate revision for 1st Oct'16.

Looking to current bazaar scenario, Crude & feedstock movement, latest international offers obtained for Indian Port & other affecting factors. Pl note below given expected price revision for next month.


✔ PP: May Down by Re.1 - 1.5/kg OR No Change

✔ HDPE: May Down by Re.1.5 - 2/kg

✔LLDPE: May Down by Re.1 - 1.5/kg

✔ LDPE: Mostly No Change Or Down by Re.1 - 1.5/kg

✔PVC / PET: May Up by Re.1 - 1.5/kg

✔PS: Mostly No Change

▶ Price Prediction & Purchase Opinion:

Looking to current scenario, fluctuation in crude oil scenario, China bazaar offers, International offers, it see that Indian domestic players will roll over prices of PP & PE for this week .


✔ PP , PE & PET : Mostly rolled over.

✔PVC : May witness rise of Rs.2 - 2.5/kg


✔Purchase Opinion: Buying is suggested in PVC ,PP & PE.


▶Price Prediction & Purchase Opinion:

Looking to current scenario , Latest international offers at Indian port , Demand supply delta & other Price governing factors, POLYMER BAZAAR foresee No Change in price for this week. It seems that Indian domestic polymer producers will leave PP, PE, PVC & PET price unchanged.


✔ Purchase Opinion : Buying is suggested

▶Price Prediction for 1/9/16

Looking to current global & Indian Bazaar scenario POLYMERBAZAAR forecast for next expected rate revision for 1/9/16 is as under.

✔ PP / PS : May Up by Rs. 1.5 to Rs.2/kg

✔ HD/LL : Mostly Rolled Over.

✔ LD: Mostly Rolled Over OR up by Re.1/kg

✔ PVC & PET : May Up by Re.1/kg -Rs.1.5/kg

Pl.note ,on 1st Sept. 16 -Indian domestic players will discontinue declared Price Protection ( HD/LL ) & Sp.Disc. scheme will be withdrawn.

Purchase Opinion : On account of changed global offers, expected Plant shutdowns, G 20 summit effect & festive season ahead with other affecting factor Clubbing, polymer buying is suggested


▶ Next Expected Polymer rate revision


Looking to current scenario , This week probably Indian polymer Producers will roll over prices for PE & PVC. HDPE & LLDPE grades are already enjoying Special Discount Scheme .


✔ PP : Witnessing very limited demand from Bazaar with Need base buying approach from Industry.

MRPL's move of offering Price Protection may lead other PP producers to announce any Sp. disc.scheme OR a Price Protection to boost buying sentiments of Bazaar.

▶ Next Expected Polymer rate revision

Looking to current scenario at International bazaar offers, volatility in crude prices & Indian Bazaar trend is shifting to stable to dull note. It seems local players may offer as under.


✔PP: May down by Re.1 to 1.5/kg or No Change.

✔HDPE/LLDPE: May down by Re.1 or No Change.

✔LDPE/PVC/PET: Mostly No Change.

 

🔺 A Next Expected Polymer rate revision for 1/8/16


Looking to current scenario at International, decreased crude prices & Indian Bazaar trend is shifting to stable trend to firm tone. It seems that local Players May offer as under.


✔PP: May down by Re.1/kg or No change.

✔PE/PVC/PET/PS: Mostly Roll over

▶Next Expected Polymer rate revision: 


For August 16 shipments , International offers for PP & PE are being seen in same range with minor increments , while for PVC same has been assessed in range of $ 900-915/Mt CIF NS .


At domestic bazaar, buyers have opted need base buying approach in order to carry minimum inventories, despite no sign of decrement is visible from now. Premium reduced in some grades Esp. In PPTQ & Moulding grades. Looking to current Bazaar scenario ,it's very clear that domestic players may opt for rolled over for this week.


Purchase Opinion : Buying is suggested.

▶Next Expected Polymer rate revision for 1st July 2016

Looking to current scenario , latest international offers obtained for Indian Port & other affecting factors -Pl note below given expected price revision for this week.


✔PP : May up by Rs.1.5 to Rs.2.5/kg

✔HDPE : May up by Re.1 to Rs.2/kg

✔LLDPE : May up by Rs.1.5 to Rs.2.5/kg

✔LDPE : May up by Rs.2 to Rs.3/kg

✔PVC / PET: Mostly Rolled over.

✔PS : May up by Rs.1.5 to Rs.2/kg


▶Next Expected Polymer rate revision: Wk 3rd June'16

Looking to current scenario , latest international offers obtained for Indian Port & other affecting factors -Pl note below given expected price revision for this week.


✔ PP: Mostly expected to see rise of Re.1 - 1.5/kg

✔ HDPE / LLDPE : Mostly rolled over OR up by Re. 1/kg.

✔ LDPE: May up by Re.1 - 1.5 /kg.

✔ PVC : Expected to see price cut of Re.1 - 1.5/kg.


▶ Next Expected Polymer rate revision: Week 2nd June 2016:

Looking to current scenario , latest international offers obtained for Indian Port & other affecting factors -Pl note below given expected price revision for this week.


✔ PP : Mostly roll over or may see rise of Re.1-1.5/kg.

✔ PE : Mostly roll over.

✔ PVC : May down by Re.1/kg OR No change.

✔ PET : May down by Rs.1.5 - 2/kg ( Declared Price Protection may withdraw )


▶Next Expected Polymer rate revision for 1st June 2016:

Crude has started journey towards upward, while Ethylene dropped marginally this week and other feedstocks also noted following decline trend. $ is appreciating against INR ,at other end -on account of upComing Ramadan , we may see supply restrictions from Middle East & Iran. Open bazaar stockiest , traders & Convertors are mostly vacant on running with low level inventories . Limited import and restricted supply from local companies , may result in shortage by next month.


✔US Fed interest rate decision is pending and may opt for rise of interest which will be finalised by 2nd week of June. Interest rate revision will also be a major factor to understand effects on China and global economy.


✔Monsoon will approach by next month mostly on time. Normally it has been observed that Demand in PVC and other polymers are getting dull response during this season.


✔Overall looking to current scenario & studying all factors , It seems that Indian Polymer Producers may offer revision as under.


✔PP / PET :May get reduced by Rs.1-Rs.1.5/kg.

✔HDPE / LLDPE / LDPE & PVC : Mostly rolled over* OR down by Re.1/kg.

✔PS / ABS : May down by Rs.1.5 - 2.5/kg


🔺 Next Expected Polymer rate revision: week 3rd May 2016.


▶Reliance Ind. has decreased PVC prices by Rs.3/kg. 


▶Chemplast Sanmar has decreased PVC prices by Rs.3/kg. .

Looking to current scenario at International  & Indian Bazaar-trend is shifting to soft tone. It seems that local Players May offer as under.

✔ PP : May offer Price Prot.Or Price cut by Rs.1-1.5/kg
✔ HDPE / LLDPE / LDPE: Mostly rolled over & May offer Price Prot.
✔ PVC / PET : Mostly rolled over
▶Next Expected Polymer rate revision: week 2nd May 2016

India : Buying sentiments are dull & open bazaar strongly observes resistance in selling.Many options as an imports are easily available which competes domestic male esp.in HM , LL Film & LD grades. Converters are not willing to carry extra inventories since demand in finished is not supportive. Looking to above scenario, it seems that local player may offer Price cut or Price Protection in days ahead.


✔ PP: May be reduced by Re.1/kg Or Price Protection may be offered.

✔ HD/LL: Price Protection can be offered .

✔ LD ,PVC & PET : Mostly rolled over.

✔Purchase Opinion : Need base buying is suggested


▶ Polymer Bazaar watch & Price Prediction for 1st May 2016.

On account of increasing crude & changing scenario of industry domestic buying Sentiments are improved a little bit. Domestic traders ,importers & stockiest are reported under selling pressure , deals are getting concluded in favor of buyers However, buyers have opted for " wait & watch " policy.


Sabic's latest offers for May 16,deliveries -are showing much firm trend for GCC & Indian Bazaar. While Indian bazaar is noted under panic selling ,most of the grades are offered at below company prices. It seems that Indian companies may opt for below given revision for 1st May 2016.


✔ PP , HD ,LL & LD :Mostly rolled over or down by Re.1/kg

✔ PVC :Mostly Rolled over

✔ PS & ABS :May see reversal of Rs.1-2/kg

✔ PET : Mostly UP by Re.1/kg or rolled over.

▶ Next Expected Polymer rate revision: 1/4/16.

Looking to current scenario , Higher international offers, increased feedstock values will lead Indian Polymer producers To hike price of polymer. Reason cited for expected hike is widen delta between landing cost of Imports & prevailing domestic company prices.


✔PP/ LDPE / PS / PET : May up by Rs. 2 - 3/kg.

✔HDPE / PVC : May up by Re. 1 - 2/kg.

✔LLDPE : May up by Rs. 1.5 - 2.5/kg.


✔Purchase Opinion: Buying is strongly suggested.


▶Next expected polymer rate revision : week 3rd March 2016

Indian company will surely declare price today Wednesday. Chances of revision may be seems as under. Looking to current scenario, Higher international offers, increased feedstock values will lead Indian Polymer producers To hike price of polymer. Reason cited for expected hike is widening delta between ending cost of Imports & prevailing domestic company price.

✔PP/ HOPE & PVC : May rise by Rs.1.5 - 2/kg

✔LLDPE/ LOPE : May increase by Rs.2 - 3/kg

✔LD lamination: May up by Rs.3-4/kg


✔PURCHASE OPINION: Polymer buying is suggested at company rate.


▶Next Expected Polymer rate revision for 1st March 2016:

As informed earlier by POLYMER BAZAAR, pl.note it seems that Indian companies will revise price after referring Indian Union budget-since it will play major role for next revision.Polymer Price Increment is due & inevitable, PB foresee ,revision will be declared on 29th Feb. 16 wef Ist March 2016.


A Looking to current Bazaar scenario, Expected revision is as under.


✔ PP / PS : May up by Rs. 2 - 3/kg.

✔ HDPE / PVC/ PET & EVA : May up by Rs. 1.5 - 2.5/kg.

✔ LLDPE / LDPE & ABS : May up by Rs. 2.5 - 3.5/kg.


▶Polymer's Price will increase on Ist March. 16


Declaration of freezing oil out put by S.Arabia, Venezuela, Russia, Iran & other OPEC countries has enabled crude to sustain at current level .Crude has started upward journey again towards $35/bbl.


Most of global offers are coming with increment for March deliveries for all polymers. All polymer prices will shoot again ,polymer bazaar strongly suggest buying at company rate or import at current offers.


Indian domestic bazaar is much disturbed with dispatch concerns from domestic players, while most of LL , LD ,PPCP,HM & PVC grades are observed under scarcity.Open Bazaar is also vacant with imports as an option.


It is expected to see rise in basic duty to be announced in next Union budget .Indian companies will surely hike their offers on 1st March 16. We will share Price prediction. POLYMER BUYING IS STRONGLY SUGGESTED.


▶Polymer Price Prediction for 1/2/16:

Looking to current scenario ,international offers , Higher USD Increased custom exchange rate , Vacant industry in terms of imports low level inventories, recent rise Crude prices & restricted supply in some PE grades guides towards below prediction


✔PP: May up by Re.1-1.5/kg

✔HD: May up by Rs.1-1.5/kg

✔LL & LD: May up by Rs. 1

✔PVC: Mostly Up by Re.1-1.5/kg


✔Purchase Opinion :Buying is suggested


▶ Indian Polymer Price Prediction for 1/1/16

Looking to current scenario ,PolymerBazaar foresee below given rate reduction To be announced by local producers for Ist Jan. 16.


✔PP: May down by Rs. 1.5 to 2.5

✔HD/ LL : May down by Rs. 1.5 to 2/kg

✔LD: May down by Re.1 to 2/kg

✔PVC: May down by Re. 1 to 1.5/kg

✔PET: Mostly No change


Plnote : After reduction Indian companies will discontinue Price protection & sp. Incentive scheme . Indirectly open bazaar will witness rise of Rs 1 to 1.5.kg.



▶Polymer Price Prediction for 1st Dec.15


Looking to current scenario, International offers of Polymers, depreciating INR against USD, improved buying sentiment at China & other factors affecting Indian Domestic rate revision Polymer Bazaar predicts, Indian polymer mfgrs.may revise as under.


Indian Open bazaar is observing active demand In HM ,LL,LD & PP grades & open bazaar price have gained 0.5 -Re.1/kg. LD lamination 1070 & HM Grades reported under restricted availability this week.


Indian Custom dept.will hike USD/INR exchange rate in coming days, which will result in higher landing cost of imports. Above factors will influence next rate revision and narrow down price cut if any. Expected Price Prediction:


✔PP : Expected to witness reversal of Re.1-Rs.2/kg.

✔HDPE /LLDPE : Mostly No change or may down by Re.1 to 1.5/kg

✔LDPE : No change

✔PVC & PET : Mostly roll over or down by Re.1/kg.


✔Pl Note:Price protection (PP & PE) will be discontinued and off take based discounts schemes will be withdrawn.

▶Polymer Price Prediction for week 3rd Nov.15.

Looking to current global scenario , reversal in energy sources, lackluster demand & other factors guides to expected Price Reduction from local polymer mfgrs. Latest global offers for Indian port are widening delta between offers prevailing at the time of last Indian domestic rate revision (1st Nov.15) to about $ 60-70/mt in PP & $ 25-35/mt in PE grades.


Chances of price reduction for nearest term is visible , most probably declaration may take place on 18th Nov. effecting from 19th Nov.15.Considering announced offtake based discount scheme, POLYMER BAZAAR predict as under.


✔ PP : May down by Rs.1.5-2.5/kg.

✔ HD/ LL & LD: May down by Re.1-1.5/kg

✔ PVC: Mostly rolled over or down by Re.1/kg


✔Pl.note, Offtake based Discount scheme is ranging from Rs.0.75/kg to Rs.1.25-1.5/kg-which will be credited upon completion of applicable norms to buyer's account after Nov.15 .Given disc. scheme will narrow down next price reduction.


✔Purchase Opinion : As buying is safe under Price Protection in PP & PE grades -Needbase buying is suggested.

Polymer Price Prediction, wk 2nd Sept.15


Looking to current scenario ,International offers & other price governing factors, it seems that local companies are having space to rise domestic prices.

🔻As per POLYMER BAZAAR, chances of Increment is as below:

PP: May up by Rs.1.-Rs.1.5/kg
HD: Mostly stable or up by Re.1/kg
LL: Mostly stable or up by Re.1/kg
LD: May up by Re.1.5-Rs.2/kg
PVC: Mostly No change.
PET: May up by Re.2-Rs.2.5/kg
PS: Buying is suggested.
🔻Purchase  Opinion : Buying is suggested.
♦ Price Prediction for (1/8/15 ) & Purchase Opinion :PP

Commencements of new production Capacities at China has enabled one of the major importer (China)  to be one of major producers & exporter of PP.Chinese  domestic production capacities are not only self sufficient but  excess to entertain inquiries from other neighboring countries.


Coal based PP sharing reasonable discount over conventional PP attracts buyers due to survive under highly competitive market. POLYMERBAZAAR has observed such cargoes being offered with delta of $30-$40/mt & below 1110/mt at CIF NhavaSeva , Mumbai scheduled for August shipments. 


Indian rupee is operating  in normal range of 63.5 to 64 against USD , Pl.note , for import of goods-Indian custom dept.has reduced it to 64.10( wef 17/7/15 )  from 64.35 (wef 3/7/17).Dept.will also change $-RS exchange rate in 1st wk of Aug.15,influence  based on custom revision also has to be taken in to consideration. 


Most sluggish demand , buyers resistance at current levels,marginal reversal in international offers will lead Indian PP producers to offer Price cut of Rs.4/kg or on wards. ( depending upon polymer offers for next week)


🔷Purchase Opinion : Looking to current scenario,need base buying is suggested keeping past experience in mind, that when PP  touches 2 digit value in INR, traders, stockist starts purchasing for long term inventory . Possibilities are also there that local Producers may reduce production capacities in order to control their inventories, which lead scarcity in open Bazaar & premium may prevail.This is very sensitive phase to be pass with cautious tone ,its not affordable to book loss due to price cur but also  not ready to miss a chance for polymer stocking.


No one is clear about future of oil and till what extend it will see downfall.Dumping of Iranian oil is one of major relevant factor for continuous decrements in oil.Experts has Forecasted brent crude may be seen below $ 45-48/bbl. Such drastic softening of crude will surely reflect in upstream & downstream products , hence industry has opted wait & watch policy.


▶Purchase Opinion: Week 3rd, Jan.15

Following current global scenario, crude reversal is reflecting in polymers prices with continuous downward journey With appreciation of Indian rupee against USD-this week & vacant open market with limited availability of imports domestic polymers as well,has enabled traders/stockist to generate premium in some cases.


PPHP, PPTQ,PPCP & Other LL / HM film grades are facing availability issues from domestic producers, while converters has adopted need base buying policy to avoid loss by procuring extra material for inventories. Overall demand seems to be little active satisfying daily feed of factories.


PP IM/ PPTQ/ PP CP / LL Hi flow / LL Film & LL Roto & many other grades were noted with rise of Rs.1-1.5/kg in open market during trading session of last 2 working days.


As per POLYMER BAZAAR study,latest offers of Polymer's will see nominal decrement of $ 15-20/mt in PP & PE grades.PVC will remain offered with an increment of $10-15/mt . This week indian producers may not release price revision keeping all routine pricelist in force.


Polymer Bazaar suggest need base buying in PP / HD & LL. LD & PVC buying is suggested from company end or imports if offers are attractive.

Price prediction for 1st January 2015 : 

International market buying sentiments observed muted with continuous downfall in polymer prices due to reversal in crude & upstream  costs. Again not participation of European & USA market in regards of Christmas has made polymer scenario still unclear. Converters & buyers are approaching "Wait & Watch " policy with expectation of further decrement in days ahead. POLYMERBAZAAR has been reported that PP Homo polymers may touch $ 1050/mt,if crude continues southward journey & touches level of $ 50/bbl. 

  • PP
Currently Propylene is being operated in range of $ 700-710/mt ( CFR China )  ,Theoretically adding $ 250-275/mt as a conversion cost from monomer to polymer figure will be approx $ 950-$975/mt. Considering current offers of PP Homo polymers at $ 1120-30/mt with theoretically calculated value of $ 975/mt ,still we are seeing gap of $ 115-140/mt.Widen gap will force PP producers to offer price cut in days ahead,if propylene operates in mentioned range.

  • Indian Market : 

Looking to current international offers at Indian port, $ appreciation with ease of material availability- POLYMER BAZAAR predicts Indian companies will surely offer price reduction on 1st Jan.2015.Prevailing price protection gives insurance for expected reduction of 1/1/15,  for the polymer off take during given tenure - is again valuable favour from PP producers to industry. Need base purchase is suggested.

  • PVC:
PVC Users,traders,importers are requested to note change in open market scenario,which has rose by Rs.1 -1.5/kg in anticipation of expected Price increment on 1st Jan.15.As predicted & stated earlier that market will take" U " turn at any moment, Positive buying sentiments noted in PVC.International offers below $ 800-$ 810 /mt has been with drawn & last offer we assessed was about $ 850-60/mt CIF Nhava seva,Mumbai port.

Looking to current scenario, International offers & $ appreciation, it seems that Indian companies may increase PVC prices on 1st Jan.15.Expected revision is mentioned below.


  • Expected revision on 1st Jan 2015

  • PP : May down by Rs. 3-4/kg  ( Expecting $ will be crossing level of  INR 64,most probably by last week of December '14. )
  • HD : May Down by Rs. 2.5 - 3.5/kg
  • LL : May Down by Rs. 3 - 4/kg
  • LD : May Down by Rs. 1.5 - 2 /kg  
  • PVC : May rolled over or UP by Re.1-1.5/kg.
  • PET : May Down by Rs. 2.5 - 3 /kg  

Also Note: Company may introduce new Price Protection scheme in PP, HDPE & LLDPE.


Polymer price Prediction : wk 3rd,Dec.14
Looking to current continuous downfall in crude & upstream costs,we are sure that international offers for polymers will come major decrement .Scenario will surely lead local polymer mfgrs.to  offer price cut effecting from  18 th Dec.14 .As per POLYMER BAZAAR study, price reduction may be as under.

  • PP /LD  & PVC : May down by Rs.2.5 to 3.5/kg
  • HD / LL : May down by Rs.3 to Rs.4/kg

Purchase Opinion : Though price protection is in force,need base buying is suggested.Companies will offer fresh price protection after announcing price reduction.Dont forget USD is getting appreciated against INR & crossed level of 63.
        Polymer Price Prediction : week 1 st Dec.2014
Purchase Opinion:
As other companies has offered price protection, there are chances that RIL may directly offer price reduction today wef 4th Dec.14.

Purchase Opinion:
PP & PE: Need base buying is suggested.
Polymer Price Prediction : week 3rd,Nov.14 
As per POLYMER BAZAAR study,international offers of Polymer's for this week will be observed with decrement of $ 15-20/mt in PP & PE ,while PVC may noted down by $ 10-15/mt.

Looking to current scenario ,We predict PP & PE buyers must adopt wait & watch policy atleast for today-as there are chances that local polymer producers may offer price cut & withdrawal of earlier declared price protection. New price protection may also get announced ,hence need base buying is suggested.

Expected Price Reduction : week 3rd,Nov.14

  • PP: May reverse by Rs.1.5 -Rs. 2 / kg OR No Change 
  • HDPE/LLDPE/LDPE : May down by Re.2 - Rs.2.5/kg
  • PVC: Mostaly No Change

PVC buyers can proceed with procurement as it is safe under latest declaration of Price protection scheme.

 Price Prediction, week 3rd October, 2014.

As per POLYMERBAZAAR study, Scenario in PP & HDPE is stable to soft, but due to prevailing  premium in Open market Indian Companies may roll over prices.

Indian Company may offer Price Protection in LLDPE & PVC.
LDPE: May Down by Rs. 1.5 - 2 /kg


🔺 Price prediction wk 1st,June 2014
Looking to current scenario,it seems that Indian companies may revise as under.

Price Prediction for 1st,June 2014.

PP :  May down by Rs.1.5 to 2 /kg
PE : Mostly No change or up by Re.1 to 1.5/kg
PVC: May up by Rs.1.5 to Rs.2
Week 4th- May 2014
Looking to current international offers of  polymers ,$- INR exchange rate & market scenario,it seems

Indian company may offer Price Protection in PP.

  • PP : May offer price protection or price cut by Re.1 to 1.5/kg ,Need base buying is suggested.
  • PE  : No change,buying is suggested due to material availability issue.
  • PVC : No change ,Need base buying is suggested.
Next expected Indian Rate revision -1st May 2014
Looking to current scenario,International offers & current hike in $-Rs.custom exchange rate,we are of the opinion that Indian Producers will increase rate on 1st -May 2014.

Expected Indian domestic polymer rate revision on 1/5/14

  1. PP : Mostly No change or up be Re.1/kg 
  2. LL/LD & PVC : May up by Re.1 to Rs.1.5/kg
  3. HD / PET  : May up by Rs.1.5 to Rs.2/kg
  4. PS :May up by Rs.2 to 2.5/kg
  Next expected indian domestic polymer rate revision on 1/4/14

Looking to current scenario ,international offers at Indian port, appreciation of Indian Rupee against $,Local Shutdowns we have come with a Prediction as under.

International offers for 1st wk of April is almost stable, while major fluctuating factor is $- Rs. exchange rate.


Pl. note current custom exchange rate for Import is 61.75.


Price prediction on basis of,


If Indian custom revises $-Rs. exchange rate in range of 61 to 61.25

  1. PP/ PET / PS : May down by Rs.2 to 2.5/kg
  2. HDPE / HM /EVA : May remain stable or down by Re.1/kg
  3. LLDPE / LDPE : Mostly no change
  4. PVC : May down by Rs.1.5 to Rs.2/kg


If Indian custom revises $-Rs. exchange rate in range of 60.50 to 61.00


  1. PP/ PET / PS : May down by Rs.2.5  to  Rs.3 /kg
  2. HDPE / HM /EVA : May down by Re.1 to Rs.1.5 /kg
  3. LLDPE / LDPE : May down by Re.1/kg
  4. PVC : May down by Rs.2 to 2.5/kg

Price Prediction - week 2nd ,March 14.
Indian Rupee opens flat at 60.84 as against Monday's close of 60.85 per dollar . Indian rupee is getting strengthen against usd and its below 61.it seems indian custom dept.will decrease $-Rs.Custom exchange rate again in days ahead which will makr imports more cheaper. 

PE:

As per available news, effecting from today (10/3/14) , GAIL's plants are performing shutdown, which is prolonged for atleast 3 wks. Open Market will face scarcity in PE grades, buying is suggested from company end. 

PP &PVC :

International Polymer Offers are almost reverse in PP and PVC since last 2 weeks, cumulative effect of same is again expected in domestic price reduction by local mfgrs. As per our study, March being last month of complition of MOU with principal companies, industries will be in force to procure material to meet qty.criteria. Said sentiment will give liverage to polymer mfgrs, to offer limited price cut. 

PP : May down by Rs.1.5 to Rs.2 / kg 
PE : No change 
PVC : May down by Rs.1 to Rs.1.5 / kg
Price Prediction For 1/3/2014

Looking to current scenario,It seems that Indian companies will roll over price of PP /PE & PVC.


PE:


Due to upcoming shutdown of GAIL atleast for 3 wks in the month of march,we are of the opinion that polyethylene buying is suggested.

Price Prediction For 1/2/ 2014:

Market scenario

With the $ gaining strength, there is a market expectation of a new custom exchange rate anytime soon.

This will surely shoot the imported granules by another Rs 1.50 to Rs.2 kg . Local manufacturers will surely encase this opportunity and hence we might see pp inching a Little up once again on 1st , February 2014

Though the market rate for PP H110ma is 122 to 123 and H110mg is 121 to 122 per kg , for major indian market but this may fly a Little high on expected hike of customer exchange rate anytime now

Polymer Purchase Opinion : Buying is suggested, rate will increase on 1st, February 2014.



PP/ LD/ PS: May Up by Rs. 1.5 to 2 /kg


HD/ LL/ PVC/ PET: May Up by Rs. 1 to 1.5 /kg

Price Prediction-WEF 15/1/14-(Rs/kg).

Indian companies may revise as under


1. PP/LL/LD:May up by Rs.2 to Rs.3/kg

2. HD/PVC/PET:May up by Re.1 to Rs.1.5/kg


To get regular alerts of , pl.sms

Follow priceprediction

To 53000

Price Prediction -Week 1st.,January,2014

Imports are expensive due to higer international offers & Increased $-Rs.Custom exchange rate.All Polymer grades are under short supply from company end. If supply from company end remains disturbed , next month could be more crucial in terms of material availability. 


It seems that Companies will increase Polymer's rate on 1/1/14.Polymer Buying is suggested.


=>Price Prediction-1/1/14-(Rs/kg).


Indian companies may revise as under


1. PP/LD/PS:May up by Rs.1.5 to Rs.2/kg

2. HD/LL/PVC/PET:May up by Re.1 to Rs.1.5/kg


To get regular alerts of , pl.sms

Follow priceprediction

To 53000

Price Prediction-week 3rd,Dec.13
Today’s international report will come with increment by $ 15-20/mt in PE,while $ 10 -15 in PP & PVC. Looking to current scenario ,It seems that Indian companies will have correction in rates,most probably in PE grades. On account of positive trend ,polymer buying is suggested. 

PE: May up by Re.1/kg OR rolled over. 
PP / PVC & PET: Mostly remain rolled over.
Price Prediction-wk1st,December,2013
PP/PE/PET :
Looking to current scenario,It seems Indian companies will mostly ROLLOVER Price.

PVC:
May remain Mostly No change or Up by Re.1/kg
Next Expected Polymer rate revision on -1/11/13:
  • PP/HD/LD:May down Rs.2to 2.5/kg
  • LL/PVC:May down Rs.1.5to 2/kg
  • PET:May down by Rs.2to 3/kg

  • After reduction,prevailing price protection and sp. Discount scheme ( PP / PE ) may get withdrawn,indirectly open market and company rate will increase from current cost with sp.disc. 

  • Hence polymer buying is suggested
Next Expected Polymer rate revision on 31/10/13
PP/PE:
Looking to current scenario, it  seems that Indian companies may revise rate on 1/11/13. Expected Revision will be shared on dates closer to 31st oct.13

PVC:
Due to lower Intl.offers in PVC,Companies  may reduce rate by Rs.2-2.5/kg or may forced tomoffer Price Protection as it prevails in PP and PE.
Next Expected Polymer rate revision on 1/10/13
  • As,RIL has reduced Rs.2/kg in PP & Re.1/kg in PE grades wef 19/9/13 with fresh Price protection in both polymers,while some of other companies has not reduced and rolled over price with price protection in force.Hence ,revision will differ with company to company.

    1. For companies with price cut on 19/9/13 & Price Prediction-for 1/10/13-RIL:

  • PP : May down by Rs.2 to 3/kg
  • HD/LL/PVC: May down by Rs.1.5to 2.5/kg
  • LDPE: May down by Rs.1 to 2/kg
  • PET: May down by Rs.3 to 4/kg

Price protection may get discontinue.

2. Price prediction for companies with no change on 19/9/13:
Reduction will have cummulative effect with on 1/10, with withdrawel of price protection. 
Price Prediction,1/9/13

If $-Rs,custom exchange rate [email protected] for Imports (which is in force since 23/8/13)

  • PP / PE & PET : May up by Rs.3.5 to Rs.4 /kg
  • PVC : May up by Rs 2.5 to Rs.3/kg

Polymer Buying is suggested

(Note: Actual Price revision figures may vary if Indian custom dept. changes $-Rs.,exchange rate before 1 st ,sept.,13 )

Next expected Indian Polymer rate revision-4 th , week,August-2013
Looking to scenario it seems that Indian companies will increase polymers rate this week,
  • PP / HD / LL / PVC / PET : May up by Rs.2 to 2.5/kg
  • PVC / EVA : May  up by Rs.1 .5 to 2/kg
Looking to scenario it seems that Indian companies will increase polymers rate this week,
  • PP / HD / LL / PVC / PET : May up by Rs.2 to 2.5/kg
  • LDPE : May  up by Rs.2.5 to 3/kg
Next Expected Polymer Price Prediction dt: 1/8/13 
Looking to current scenario,it seems that Indian company will prefer to declare minimum price cut as $-Rs.exchange rate is again at 59.68.

Other factors like Naphtha,feedstock are almost operating in normal range.Most of petrochemicals units are operating on naphtha cracker with limited margin.

China: Even offers in PP stoop stable with $ 1470/mt from Indian producers.PP Homo Raffia/Inj.Mldg. was offered by Korean mfgr. at $ 1480/mt & PPTQ film sold at $ 1500/mt.We didn't see any price reduction at international level.

PE: Buying interest noted positive in all PE grades ,offered from Middle East producers,HM Film quoted at $  1475/mt, while LLDPE Film & LDPE concluded at $ 1480/mt - $ 1490/mt respectively.So far we haven't noted any offer from Iranian cargoes.

SEA: HDPE from middle east offered at $ 1480-90/mt while PP offered in range of $ 1490-1500/mt.LL again with an increment of $ 10-20/mt offered at 1480-1490/mt.LD offres were of $ 1510-1520/mt.

PVC : Need base buying observed.India,ME & Turkish market will see new offers from Korean PVC mfgrs.after Ramadan.

At,"POLYMERBAZAAR" we found International market stable to firm in PP & PE,global report shall come with increment of $ 10-20/mt.

Indian custom rate ( $-Rs.)  is at 59.65  and today's exchange rate is at 59.83.

  • Priceic Predtion : 
If $-Rs. exchange rate remains stable in range of 59.5 to 60.0 
Indian companies may offer Price revision as under:
  • PE /PET: Mostly down by Re.1/kg or No change.
  • PP/ PVC : May down by Re.1-1.5/kg
  • Price protection will be withdrawn ( PP/PE).

If exchnage rate crosses 60.0., Indian companies may offer price revision as under
  • PP/PE/PVC/PVC : Mostly rolled over  & Price protection will be withdrawn ( PP/PE).
week 4 th,July-13
Looking to current scenario,Indian companies may offer Price Protection to retain customer buying & trust reg. stability of polymer's prices.

Polymer Buying suggestion : Wait& watch Phase.

(Price Protection scheme ):

Under such protection scheme material off take during mentioned period will be eligible to get credit of basic down ward revision from company end,if price cut takes place.This scheme is being offered to customers to retain their trust for buying from company end & assurance if down ward takes place.


Refer Our alerts sent on 20/7/13.

[20/7]

Strengthening of Indian Rupee against USD has made Indian custom dept. to decrease exchange rate wef 19/7/13.Indian custom dept. has declared new exchange rate for $-INR wef 19/7/13.
For ,Imports of goods:1$=Rs.59.65
For ,Exports of goods:1$=Rs.58.65

It has been reduced by Rs. 0.85, approx. down by 1.4 % in comparison with last exchange rate in force. Import will be more cheaper & it will lead Indian local polymer producers to cut polymers price.

Pl.note, Last $-Rs. exchange rate notification  issued by dept.was in force since 5/7/13.
For,Imports  of goods it was 60.5
For, export of goods it was Rs.59.5
                                                                   PET Price Prediction:
Looking to current scenario,it seems that Indian companies may increase rate of 
PET by Rs.2-2.5/kg on 16 or 17 th Of July,13.
Price Prediction (1/7/13)
  • PP/ PE/ PET/ PS: May increase by Rs.1.5 to Rs.2/kg
  • PVC/ EVA: May up by Rs.1 to 1.5/kg

Imported material are avilable cheaper rate, 
Buying is suggested.
Price Prediction,week 2nd, June.13
  • PP/LL/PET/PS:May Up by Rs.2 to Rs.2.5/kg
  • HD/PVC/EVA:May up by Re.1.5 to Rs. 2/kg
  • LD:May up by Rs.2.5 to 3/kg
Next expected Indian Polymer rate revision: 1/6/13

PP/LL:May Up by Rs.1.5 to 2/kg
HD/PVC:May Up Re.1 to 1.5/Kg
LD: May Up by Rs.2 to 2.5/Kg.
Week 2nd,May.,2013
  •  Indian companies will increase rate at any moment.Expected revision: 
  • PP/HD/LL/PVC/PET/EVA: Up by Rs.2 to Rs.2.5/kg
  • LD: May up by Rs.2.5 to Rs.3/kg
Buying is suggested
Next Expected Polymer rate revision - 1/5/13
  • PP/ HDPE/ LLDPE/ LDPE: Mostly No Change or down by Re.1 to 1.5/kg.
  • PVC: Down by Rs.1 to 1.5/kg
Week 2nd April, 2013
Looking to current scenario and downwards in all the sectors,Indian company may offer:
PE/PVC: May down by Re.1to1.5/kg or offer Price Protection for days ahead.
🔺 Polymer Price Prediction 1st,April.2013
In coming days,Indian company will cut price
  • PP/PVC: May down by Rs.2to 2.5/kg
  • PE: May cut by Rs.1.5 to Rs.2/kg
🔺 week,3rd,March.2013
Demand is much dull across India.
Feedstock& intl.offers in all polymers R also reverse.
For,Buying : wait & watch,
Company may offer Price Protection.
Click to edit table header
  • HD/LL/PVC: May up by Re.1 to Rs.1.5/kg
  • PP/LD: May up by Rs.1.5 to Rs.2/kg

(Above prediction is given on 20/2/13,it could be vary in figures ,if any price affecting factor moves marginally. Pre-budget rumors are also taken in to study,but actual budget will be most important factor which will effect Price revision)

▶️ Polymer Price Prediction, February,week 2nd,2013

Looking to strong demands and latest International offers @ Indian port & as latest $ - INR Exchange rate, chances for next expected Indian Polymer rate revision : As per our study,Indian company may revise price as under.

  • · PP: May up by Re.1 to Rs.1.5/kg
  • · PE/PVC : Mostly No change.
▶️ Week 2nd January,2013
Looking to latest International offers @ Indian port & as latest $ - INR Exchange rate increment, chances for next Indian Polymer rate revision are as under.

  • PP: May Up by Rs.1.5 to 2 /Kg.
  • PE & PVC: May Up by Re. 1 to 1.5 /Kg.
Buying is suggested.
Next expected Polymer Rate Prediction-(1/1/13)
Looking to latest International offers @ Indian port & latest USD - INR Exchange rate increment, chances for next Indian Polymer rate revision are as under.
  • PP/LL: May up by Rs.1.5-2/kg
  • HD/LD/PVC: May up by Rs.1-1.5/kg
(Visit [email protected] PLEXPO-13,from 8th Jan.13 to 13 th Jan.13.Hall No.6A ( Raw materials)-Stall No.22)
Week 2nd December,2012
🔺
Looking to current scenario, This week Indian companies will 
  • Mostly roll over rate of PP/PVC.
  • PE:Companies May offer some discounts.
Next expected Indian Domestic Polymer rate revision ,(1/12/12)
Looking to latest International offers @ Indian port & latest USD - INR Exchange rate increment, chances for next Indian Polymer rate revision are as under. 

  • PS: May up by Rs.2 to 3/kg
  • ABS: May up by Rs.3 to 4/kg
  • Material procurement from company end is suggested.

Next expected Indian Domestic Polymer rate revision ,(1/12/12)
Looking to latest International offers @ Indian port & latest USD - INR Exchange rate increment, chances for next Indian Polymer rate revision are as under. 

  • PP/PVC/PET: May up by Re.1 to1.5/kg
  • PE:Mostly roll over
  • Material procurement from company end is suggested.

  • (Pl.note :This prediction was given on 26/11/12,&  prediction has been given on current status of affecting factors.Predicted revision may differ if any of factor fluctuates marginally)
.

 Next expected Indian Domestic Polymer rate revision,wk 3rd,Nov.12
Looking to latest International offers @ Indian port & latest USD - INR Exchange rate increment, chances for next Indian Polymer rate revision are as under. 

  • PE: May up by Re.1 to1.5/kg
  • PP/PVC:Mstly N/C Or up by Re.1 
  • Material procurement from company end is suggested.

  • (Pl.note :This prediction was given on 20/11/12,&  prediction has been given on crnt status of affecting factors.Predicted revision may differ if any of factor fluctuates marginally)
▶️  Next expected Indian Polymer rate revision,week 2nd November, 2012.

✔LLDPE: No Change
Looking to latest International offers @ Indian port & latest USD - INR Exchange rate increment, chances for next Indian Polymer rate revision are as under. 
  • PP / HM / LLDPE: May up by Rs.2/kg
  • HDPE / LDPE / PVC: May up by Re.1/kg
  • Buying is advisable
Next expected Indian Polymer rate revision,week 1st-November, 2012.

Looking to latest International offers @ Indian port & latest $-INR Exchange rate increment,chances for next Indian Polymer rate revision are as under.
  • PP/PE:May up by Re.1 to Rs.1.5
  • PVC: No change or Up by Re.1/kg

Price Prediction ,Dt: 1/11/12 
PP/PE:
Indian companies will increase polymer rate on 1/11/12

Price Prediction :
Looking to Current scenario chances of revision is as follows,it may differ if any of factor fluctuates marginally.
  • PP/HD/LD:May up by Re.1 to 1.5/kg
  • HM/LL:May up by Rs.1.5 to 2/kg
  • PVC: Stable or Down by Re.1
  • PET: May up by Rs.1.5 to Rs.2/kg
  • PS: May up by Rs.2 to 2.5/kg
  • ABS: Mostly no change

(PL.NOTE:This prediction was given on 29/10/12,&  prediction has been given on crnt status of affecting factors.Predicted revision may differ if any of factor fluctuates marginally)
Price Prediction ,week 3rd,Oct.12 
Looking to current market scenario,it seems that Indian companies will roll over All Polymers (PP,PE,PVC) rate this week.For,detailed Market watch ,Click Here
Price Prediction ,week 2nd,Oct.12
As per our study,Expected Rate Revision,this wk
  • PP/PE/PVC:May Down by Re.1-1.5/kg &
if company declares no change ,then chances are there that companies may offer either Price Protection or any sale incentive scheme.

Polymer Price Prediction ,wk 1st,Oct.2012
Due to ongoing Chinaese national holidays,Polymer buying sentiments are much poor.Chinese central bank has taken initiative by injectecting Rmb365bn -($ 58bn) into financial system to alleviate a cash crunch that had driven up borrowing costs.

Indian rupee against $ ,has received remarkable gain since last week &today it is 52.37 at1.45 IST.
Oil & feed stock rates are also reverse, All such scenario guides us-that Indian cmpnies may roll over Polymer rate in PP/PE/PVC today.

If reqd. Polymer mfgr cmpnies may offer price protection again in PP/PE wef 4/10/12
Next Expected Domestic rate revision 1/10/12 
 As per our study, Next Expected Indian Domestic Polymer Rate revision-1/10/12
  • PP/LD/PVC: May dwn by Rs.2 to 2.5/kg 
  • HD/LL:May down by Rs.3 to 3.5/kg
  • Price Protection will be withdrawen.

Next Expected Domestic rate revision this week,2nd,Sept.12
As per our study,Indian cmpnies may revise rate as under.
  • PP / PE & PVC : will be rolled over this week 
Next Expected Domestic rate revision on 1/9/12
As per our study,Indian cmpnies may Increase rate as under.
  • PP:May up by Rs.1.5 to Rs.2/Kg.
  • HD/HM/LL/LD/PVC:May up by Re.1 to 1.5/Kg.
Next Expected Domestic rate revision on 15 or 16/8/12
Looking to the Current scenario,it seems that,Indian Compnies may revise rates as under.
 PP/PE/PVC: Mostly No change or Up by Re.1/Kg.
Next Expected Domestic rate revision on 8/8/12

Looking to the Current scenario,it seems that,Indian Compnies may revise rates as under.

  • PP/PE & PVC : Shall roll over
Next Expected Domestic rate revision on 1/8/12
Looking to the Current scenario,it seems that,Indian Compnies may revise rates as under.
  • PP & PE:May UP by Re.1 to 1.5/kg
  • PVC:May N/C or Up by Re.1
Next Expected Domestic rate revision on 26/7/12
Looking to the current scenario & exchange rate,it seems that Indian Companies may revise rate as under.
  • PP & PE:N/c or May up by Re.1-1.5
  • PVC:May up by Rs.1.5-2/kg
Price Prediction: week 2nd July, 2012

Looking to the current scenario & exchange rate,it seems that Indian Companies may revise rate as under.
  • PP/LL: Up by Rs.1.5 to 2/Kg.
  • HD/LD: No Change or Up by Re.1 to Rs.1.5/Kg.
  • PVC: May remain unchanged.
▶️Polymer Rate revision wef 23rd Nov.17


🔺Reliance Ind:

✔PP / PE / PVC: No Change


🔺IOCL
✔PP/PE: No Change
✔HM-Film : Up by Re. 1/kg

🔺Haldia Petrochemical
✔HDPE HM FILM :Up by Re.1/kg
✔Other PE/ PP: No change

🔺MRPL kept PP prices unchanged.


🔺HMEL kept PP prices unchanged.
Polymer Rate revision wef 16th Nov.17

🔺Reliance Ind:

✔PP / PE: No Change

✔ PET: Up by Re.1/kg 


🔺IOCL
✔PP/PE: No Change
✔HM-Film : Up by Re. 1/kg

🔺MRPL kept PP prices unchanged.


🔺HMEL kept PP prices unchanged.


🔺GAIL kept PE Prices unchanged except HM HDPE price raised by Re. 1/kg.,wef 16/11/17.


🔺Haldia Petrochemical has raised HM Film (F5400) price by Re. 1/kg. rest of PE & PP kept unchanged 

Rate Revision wef 15th Nov.17
Reliance Ind has decreased PVC prices by Rs. 4/kg wef 15/11/17
PS Price change wef 13/11/17:

Supreme Ind, Indian PS producer has increased PS prices by Rs. 2/kg wef 13/11/17.


LG Polymer has increased PS prices by Rs. 2/kg wef 13/11/17.

( 1 INR = 0.015 USD)

Rate Revision wef 1st Nov.17

🔺 Reliance Ind.

✔PP : Down By Re.1/Kg

✔LLDPE / PVC/PET: No Change

✔HD Raffia/MF/IM : Up by Rs. 1.5/kg

✔other HD : rollover .

✔LD GP/AL/IM/HD : Down by Rs.1.5/kg

✔ whereas LD EC/MP : Down by Rs 4/kg. 

✔ DE prices : rolled over 

🔹Pl note: Price Protection scheme in PVC has been withdrawn.


🔺 IOCL
✔PP : Down By Re.1/Kg 
✔HD Raffia/Tarpaulin/Inj.Mldg. HIGH FLOW: Up by Rs. 1.5/kg
✔Other HD-IM/BM/HM-FILM/LL Grades: Roll over 

🔺  GAIL
✔HDPE Raffia: Up by Rs. 1.5/kg
✔HDPE Inj.Mldg ( Both Plants)/ Raffia T50: Up by Rs. 2.5/kg
✔ RM Grades: Down by Re.1/kg

( 1 USD = 64.56 INR)
 Rate Revision wef 26/10/17
MRPL decreases rate of PP by Re.1/kg wef 26 th Oct.17.

IOCL Kept PP & PE Prices unchanged.

( 1 INR = 0.015 USD)
▶️RIL Revision wef 17th Oct.17
 PVC price reduced by Rs.3/kg
   ▶️RIL Revision wef 1st Oct.17 


✔HD/HM Pipe : Down by Re.1/kg

Other HD : Rolled over.

✔LL : No change

✔LD Ext. Coating grades: Down by Rs. 3/kg

✔LD MP grades by Rs. 2/kg

Other LD : No change

PP : Up by Re.1/kg

PVC: Up by Rs.1.5/kg

Indian Polymer Player revised rates wef 1/9/17:

▶ Reliance:

✔PP HP & RCP : Up by Rs.2/kg

✔PPCP : Up by Re.1/kg

✔HD & LL : No change

✔LDGP , LDLP & 1005FY20 : Down by Rs.3/kg

✔Other LD : Down By Rs.2/kg

✔PET: No change
✔PVC: Up by Re.1/kg


▶IOCL 

✔HD-BM/HD-IM/LL FILM: Roll over

✔HD-YARN/HM-FILM/Pipe grades: Up by Rs.1.5/kg

✔PP HP/PP RCP: Up by Rs.2/kg

✔PP ICP: Up by Re.1/kg


🔺Haldia Petrochemical

✔PP HP & RCP: Up by Rs.2/kg, 

✔PPCP: Up by Re.1/kg, 

✔HD INJ : Up by Rs. 2/kg

✔HD HM: Up by Rs. 3.5/kg

✔HD PIPE: Up by 1.5/kg

✔OTHERS HD & LLDPE : No change


🔺HMEL increased PP prices by Rs.2/kg wef 1/9/17


▶PS Price increment wef 1/9/17


As predicted, Indian PS producer, Supreme Ind. increased rate of GPPS & HIPS by Rs.3/kg in basic Wef 1/9/17

🔷Pl.note below given basis for Nagothane.

✔GPPS Rs.99 + Freight

✔HIPS Rs.105 +Freight

Polymer rate Wef 17 th Aug.17:
▶ Reliance
✔ PVC: No Change
✔ LDPE Gen. Purp: Down by Rs. 4kg
✔ Other PE : No Change

▶ IOCL

✔PP: No Change

✔HD-Blow Mldg/Inj Mldg & HM-Film.:Rollover 

✔HD Yarn/Tarpaulin:Up by Re.1/kg

🔺Rate Revision wef 20/7/17

  🔺 Reliance

✔PP: Up by Rs. 2/kg

✔PVC: No Change

✔PET: Up by Rs. 1.75/kg


✔ASPET/RAMPET increased rate of PET by Rs.1.75/kg wef 20/7/17
Poly Styrene Price Change wef 17/7/17 for Domestic bazaar:
🔺 Supreme Industries
✔GPPS: Up by Rs. 1.5/kg
✔HIPS: Up by Rs. 2/kg

🔺 LG Polymer (LDPI) 
✔GPPS: Up by Rs. 1.5/kg
✔HIPS: Up by Rs. 2/kg
Rate Revision WEF13/7/17 Down-Rs/kg
RIL & IOCL
PP:NC
HD/LL:2
LD:1
RIL LDGP/AL:2

Indian Producer ,MRPL Kept over PP Prices unchanged WEF 13 /7/ 17
 Rate revision wef 1 st July 17.
Reliance rate revision wef 1 st July 17. 
✔PP Homo Polymer: Down By Rs.2.5/kg
✔Random Co Polymer : Down by Rs.3/kg
✔Impact Co Polymer: Down By Rs.4/kg

✔HD : Down By Rs.3/kg
✔LL : Down by Rs.4/kg
✔Octene LL : Down By Rs.5/kg
✔LD : Down By Rs.1/kg

✔PVC : Down By Re.1/kg
✔PET : No change 

IOCL rate revision wef 1 st July 17.

✔PP Homo Polymer: Down By Rs.2.5/kg
✔Random Co Polymer : Down by Rs.3/kg
✔Impact Co Polymer: Down By Rs.4/kg

✔HD : Down By Rs.3/kg
✔LL : Down by Rs.4/kg
▶ Polymer rate revision wef 1/6/17
▶ Reliance Ind.
🔹PP
✔Homo Polymer/Random CoPopymer: No Change
✔Impect co polymer: Down by Rs 1.5/kg

🔹PE
✔HMD LLDPE(except M26500): Down by Re.1/kg
✔LLDPE (24FA040): Down by Rs 2/kg.
✔Other HDPE,LDPE & LLDPE: No Change

✔PVC:Up by Rs.1 /kg.  
✔PET:Up by Rs.1.5 /kg. 

▶As predicted, MRPL kept PP prices unchanged wef 1/6/17.

🔺 IOCL revised polymer price WEF 1/6/17
🔹PP
✔Impect co polymer: Down by Re. 1/kg
✔Other Grade: No Change
🔹PE: No Change

🔺OPaL
✔PP/ HDPE: No Change
✔LLDPE: Down by Rs 1/kg
▶ Polymer rate revision wef 1/5/17


▶ Reliance Ind.
🔹PP
✔Homo Polymer/Random CoPopymer: Down by Rs. 1.5
✔Impect co polymer: Down by Rs 2/kg
 
🔹PE
✔ LLDPE(Hazira mfgr.): Down by Re.1/kg

✔Other HDPE,LDPE & LLDPE: No Change
 ✔PET:Down by Rs.3 /kg.

🔺 IOCL revised polymer price WEF 1/6/17
🔹PP
✔Homo Polymer: Down by Re. 1.5/kg
✔Impact co polymer: Down by Rs 2.5/kg
🔹PE: No Change
Rate revision wef 13/4/17
🔺Reliance
PVC: No Change
PET prices by Rs. 3/kg 

🔺ASPET
PET prices by Rs. 3/kg 

RIL revised Polymer prices wef 6/4/17.
PVC: Down by Rs. 3/kg
RIL revised Polymer prices wef 1/4/17.

✔PP homo : Down By Rs.2/kg

✔PPCP : Down By Re.1/kg


✔PE & PVC: No Change
✔PET: Down by Rs.4/kg
✔ PS : Reduced by Rs.3/kg.

🔺Supreme ind.has reduced price of PS by Rs.3/kg .Ex Nagothane -Basic /kg

✔GPPS- Rs.105/kg
✔HIPS-Rs.111/kg
RIL has withdrawn applicable upper cap scheme:
As per Available news ,Indian Company RIL -has withdrawn applicable upper cap of ( PP)

12 %  for Annual PP Quantity & ✔33% of Last quarter 4 offtake - Pertaining lifting made in the month of March 17. For more details ,contact yr regional company outlet.

GAIL has annonced Price Protection scheme:
GAIL has introduced Price Protection in PE grades wef 20 /3/17 to 31/3/17 or Next rate revision ,which ever is earlier.
Supreme Ind. has reduced PS rate marginally wef  11/3/17
🔷GPPS : Reduced by RS.7/kg & basic for Nagothane is RS.108/kg

🔷HIPS : Decreased by RS.9/kg & basic for same has been kept at Rs.114/kg
Rate Revision wef 16/2/17
🔺As predicted, RIL revised Polymer prices wef 16/2/17.

✔PP Homo: Up by Re.1/kg
✔PP ICP & RCP:  Up by Rs.2/kg
✔PVC: UP by Rs.1.5/kg
✔PET : Up by Rs. 2/kg 
➡RIL also hike PP Raffia offers by Rs. 3/kg for deemed exports.

🔺As predicted, ASPET increased PET prices wef 16/2/17.
▶ Polymer rate revision wef 9/2/17


▶ Reliance Ind.