NewsSSESSMENTS: Leading Indian Petrochemical Producer Announces Revision On Local PE, PP Prices For July

Market sources notified SSESSMENTS.COM that the leading Indian petrochemical producer has announced revision on local PE and PP prices for July. As informed, the producer opted to apply an upward price adjustment of INR1,500/ton ($20/ton) on HDPE and LLDPE grades. Likewise, offers for LDPE grades were hiked by INR2,000/ton ($26/ton), except for LDPE Extrusion Coating grades increased by INR3,000/ton ($40/ton). As for PP, the producer decided to increase offers by INR2,000/ton ($26/ton). All changes with effect from July 1, 2020.