As informed to SSESSMENTS.COM, an Indian PP producer has made price correction on certain grades. As revealed by the producer source, the company applied an upward correction on PP Lamination grade by INR1,000/ton ($13/ton), while for the other grades maintained stable with effect from May 1, 2020. More added, considering the liquidity issues and to help customers, the producer applied a special discount of INR2,000/ton ($26/ton) on prime and non-prime grades for the period May 1 to May 30, 2020 on the invoice (per-GST), in lieu of Committed Quantity Incentive/ MOU.
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