The Deemed Export Prices in PP grades have been revised as per price circular attached..
RIL HDPE prices reduced by Rs 3000/MT, LLDPE prices reduced by Rs 5000/MT and LDPE prices reduced by Rs 5000/MT across all sectors , PP prices reduced by Rs 3500/ Mt wef 6th May 2021.
Ril wef 1st may Reduces HD prices by Rs 2000/ Mt, LLD prices by Rs 2500/ Mt and rolledover LD prices. RIL PP Dom Price reduced by Rs 2000/ Mt. Ril reduced PVC K 57 price by Rs 2000/ Mt and rolledover the K 67 prices. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
RIL reduced HD Inj mldg grade Prices by Rs 2000/MT, Rolled over HD raffia and MF grade prices, all other HD grades reduced by Rs 1500/MT. LLD prices reduced by Rs 2000/MT and LD prices rolledover wef 15th April 2021. Ril Increases PVC grade K 57 Prices by Rs 1000/MT. and other PVC grades by Rs 3000/MT wedf 15th April 2021. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
The PP domestic prices have been rolled over and the HD prices have been increased by Rs 3000/Mt, LLD prices by Rs 2000/ Mt , LD extrusion coating grade prices by rs 9000/ Mt and all other LD grades by Rs 7000/Mt. . There are freight revisions which will affect the delivered prices in all locations. RIL PVC prices rolled over wef 1st April, changes in freight rates will reflect in location wise delivered price. Cash discount increased by Rs 100/ Mt. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
RIL PP Dom Prices up rs 3000/Mt and LD EC grade price up rs 9000/Mt and all other LD grades up by rs7000/Mt WEF from 18th March HD and LLD grades prices rolled over.
The Bulls are on a rampage with all polymer prices already touching record highs and no end in sight. RIL increased the the PP Prices WEF 1st March steeply as mentioned in a separate WA msg. The Deemed Export Prices have also been revised upwards sharply as mentioned in a separate WA msg. Please coordinate with our order processing and Marketing group for review and placement of orders ASAP. The Deemed Export Prices in PP grades have been revised as per price circular attached
With Additional supply restrictions in the US due to the Freezing conditions and the planned and Unplanned shutdowns, and freight rates going higher, the pricing and sentiments are very firm and polymer prices are expected to touch record highs. RIL chose to increase the PP Prices by Rs 3000/Mt 2nd Week consecutively and the PE prices as informed in earlier WA post. The PVC prices were increased by rs 2000/Mt all WEF 18th Feb 2021.
Along expected lines RIL revised the PP Prices upwards by Rs 2000/ Mt though delayed by a day.All Polymers are facing supply issues with planned and Unplanned plant shutdowns Globally, very high freight rates and delayed and lack of imports putting pressure on avails.Crude values are also firming up and prices of PP/PE/PVC are expected to firm up further and more price increases cannot be ruled out.
The price sentiments are still being dictated by supply issues, with global movement still impacted by high freight rates and plant shutdowns taking place in major production centres. The domestic scenario was inventory levels were scarce with processors and order flow in January was robust to cover and build up inventories in all polymers. This scenario looks as if it will continue into balance part of this Quarter. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
RIL PE price circular WEF 14th Jan 2021 wherein the HDPE GPBM, MBM and the wire and cable grades prices have been revised upwards by Rs 1000/Mt. The LLD and LD prices have been rolled over. The Deemed Export Prices in PP grades have been revised as per price circular attached.
RIL PE price circular WEF 14th Jan 2021 wherein the HDPE GPBM, MBM and the wire and cable grades prices have been revised upwards by Rs 1000/Mt. The LLD and LD prices have been rolled over. The Deemed Export Prices in PP grades have been revised as per price circular attached.
The HDPE prices have been increased by Rs 2000/ Mt , The HDPE grade S42005 price has been increased by Rs 3000/ Mt. LLDPE prices by rs 3000/ Mt and LDPE EC and Adhesive lamination grades by rs 6000/Mt and all other LDPE grades by rs 5000/ Mt. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
Market sentiments seem firm to Stable in PP grades, and Stable in PE grades, PVC is still firm with supply being short and demand opening up. RIL increased the PPHP prices by Rs 1000/ Mt, ICP/ RCP prices by rs 1500/ Mt and PVC prices by rs 3000/ Mt. HDPE prices were increased by rs 1000/ Mt, LLDPE prices by rs 1500/ Mt, LDPE EC prices were rolled over, LDPE HD/IM prices were increased by rs 2000/ Mt and all other LDPE prices by rs 1000/ Mt. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
RIL PE price circular WEF 17th September 2020, in which the LLDPE prices have been increased by Rs 1000/ Mt, The LDPE prices by rs 2000/ Mt and all HDPE, LDPE extrusion coating and Milk pouch grade prices rolledover.
RIL PE price circular WEF 17th September 2020, in which the LLDPE prices have been increased by Rs 1000/ Mt, The LDPE prices by rs 2000/ Mt and all HDPE, LDPE extrusion coating and Milk pouch grade prices rolledover. PPHP prices have been revised upwards by Rs 1000/ Mt and ICP/ RCP prices by Rs 1500/ Mt. RIL PVC price prices have been revised upwards by Rs 3000/ Mt
Prices are stable due to supply issues. US petrochemical complexes are down due to the hurricane and lot of other shutdowns in ME and SE Asia and China, also locally IOCL Paradip PP plant expected to restart only in 1st week Sept plus incentive schemes given by local producers, it was expected to be a rollover in Prices except PVC. RIL rolled over the prices wef 1st September in PP/ HDPE/LLDPE/ LDPE grades and increased the prices in PVC K 67 grades by Rs 2000/Mt and K57 Grades by Rs 3000/Mt. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
RIL WEF 13th August reduced the PP grade AS12000N price by Rs 5000/Mt and all other PP grades by Rs 1000/Mt. The PVC grades prices were increased by Rs 2000/Mt and PE prices rolledover.
RIL reduced the PP domestic prices by Rs 1000/Mt and increased the HDPE MBM& GPBM prices by Rs 1000/Mt, HDPE film and Grade S42005 prices by rs 2000/ Mt, The LDPE IM& HD prices by Rs 1000/Mt and 1070LA17 prices by rs 2000/Mt. PVC prices were increased by Rs 2000/ Mt. All other HD/ LD and all LLD prices were rolledover. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
RIL wef 23rd July increased HDPE GPBM & MBM grades prices by Rs 1, LDPE extrusion coating price by rs 2 and rolled over all LLDPE grades and other HDPE and LDPE grades prices.
The PE pricing and sentiment undertone is firm with prices correcting upwards by $20 to 40 PMT over last week, PP is also firm on the back of PE and PVC has once again bounced back in firm price and sentiment.
RIL chose to increase the PP/ PVC prices by rs 1500/ Mt and the HDPE film, GPBM, MBM grades prices by rs 3000/Mt, all other HDPE grades prices by Rs 2000/ Mt. The LLDPE grades prices were increased by rs 2000/ Mt and the LDPE extrusion coating grade price by Rs 3000/ Mt, all other LDPE grades prices by Rs 2500/ Mt. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
Global Polymer Prices continue to remain stable with increased oil and feedstock prices dominating the pricing and plant shutdowns impacting supply side. In keeping with this sentiment RIL wef 1st July chose to increase the PP fibre and Filament Prices by Rs 1000/Mt and all other PP prices by Rs 2000/Mt , HDPE and LLDPE prices by Rs 1500/Mt, the LDPE extrusion coating grade price was increased by Rs 3000/Mt and all other LDPE grades by Rs 2000/Mt. The PVC prices were rolled over. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
In keeping with this sentiment RIL wef 18th June chose to rollover the HDPE raffia and Monofilament grade prices and increase all other HDPE grades and all LLDPE prices by Rs 1500/Mt, the LDPE extrusion coating grade price was increased by Rs 3000/Mt and all other LDPE grades by Rs 2000/Mt. The PP/ PVC prices were rolled over.Global Polymer Prices are firm with supply side issues dominating the sentiment. Quite a few Global plants are still in shutdowns or functioning at lower operating rates impacting the supply.
Market as well as Price sentiments have strengthened due to supply side tightness and increased feedstock costs. The pent up demand has also resulted in processors rushing to restock scarce inventories as most countries have resumed economic activity after the virus imposed lockdowns.
RIL wef 11th June chose to increase the PP fiber and Filament Grades prices by rs 1000/Mt, The PP Raffia/ TQ film/ extrusion grades prices by rs 2000/ Mt and the Injection moulding,ICP, RCPP grades prices by rs 2500/Mt. The HDPE GPBM, MBM, and Film grades prices are increased by Rs 2000/Mt all other HDPE grades prices increased by Rs 1000/Mt. LLDPE and LDPE prices are increased by rs 1000/Mt. PVC prices have been increased steeply by rs 3000/Mt.
The Market Sentiments and Prices have firmed up on the back of strong crude values, increased feedstock values and China and other countries restocking after they have opened up the economic activity in phases, though COVID 19 still continues to impact the globe and businesses adversely, most countries have decided to open up the economic activity in phases with proper protocols and precautions and learn to live and manage the virus. On the Domestic front the unlock phase 1 was announced yesterday by the GOI and this has a lot more relaxations for businesses to start functioning. Also all processors who have started their units had nil to very low inventories due the lockdown and in May rushed in to replenish inventory across the board. However the mass migration of labour going back to their home towns and villages has created a shortage of manpower in the plants and even hampered the movement of RM and finished products due to truck drivers not being available. RIL wef 1st June increased the PP prices by rs 3000/Mt.
In PE the LDPE heavy duty and Injection Moulding grades prices were rolledover and all other LDPE prices were increased by Rs 1000/Mt, HDPE Pipe grade prices were rolled over and all other HDPE grades prices were increased by Rs 1000/Mt. LLDPE prices were increased by Rs 2. PVC prices were rolled over. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
The market sentiments and Prices seem to be stabilising with most countries opening up economic activity in phases. The oil prices have also seen stability and feedstock prices have firmed up pushing up the polymer prices. Though the new normal post COVID 19 is still yet to be achieved it appears that the globe will have to accept and live with COVID 19 and find the balance to pursue economic activity and protect ourselves from the virus. On the domestic front lockdown 4 was announced though with a lot of relaxations in a phased manner and a large economic revival package announced to stimulate and revive the economy. RIL wef 21st May rolledover all PP grades prices.
COVID 19 still continues to impact the globe and businesses adversely, however a lot of countries have seen a peak and flattening of the curve in the overall management of the Virus. This has led to the economies of these countries opening up in phases and economic activity starting up. Demand for polymers among processors in countries such as China, S.E.Asia, parts of Europe, Africa, S.America, India etc who have started economic activity in phases has picked up and prices have stabilised in RM especially polymers which are used for manufacture of essentials and medical products. RIL wef 14th May increased the PP H350EG price by rs 2500/Mt and the price of AS12000N by rs 7000/Mt and Correction in all other PP grades the prices were increased by Rs 1000/Mt
With China and other S.E.Asian countries having to a great degree controlled the spread of the Corona Virus and started economic activity in phases consumption has revived together with demand for end products though still mainly for essential items.This has led to polymer processing activity restarting. However the major consumption and demand centres such as the US, EU, UK, S.America, Russia etc are still in the grip of the virus and economic activity will take sometime to restart.On the domestic front we have been succesful in slowing down the growth of the virus in the 2nd lockdown phase and the GOI has started opening up economic activity from April 20th onwards in the industrial hubs, however with strict protocols in place and it will be quite sometime before manufacturing and other economic activity picks up.
Polymer prices stabilised somewhat this week and RIL WEF 1st May 2020 chose to rollover the PP prices and increased the Prices of the Fibre and Filament grades by rs 1000/Mt. The HDPE Blow moulding GPBM,MBM and HD film, LLDPE butene film, drip irrigation , LDPE Grades prices were reduced by Rs 3000/Mt,Rs 2000/Mt and Rs 3000/ Mt respectively. LDPE grade 1005FY20 price was reduced by Rs 1000/Mt. The prices of all other HDPE, LLDPE and LDPE extrusion coating grades were rolledover. The PVC prices were reduced by Rs 3500/Mt
RIL PE Price circular WEF 23rd April, LD extrusion coating Grade 1070LA17 basic delivered price has been increased by Rs 2000/Mt all other LD/all HD/LLD/PP/ PVC prices have been rolledover.
With the globe firmly in the grip of COVID 19 virus and countries grappling to contain the same in the form of complete and partial lockdowns economic activity has almost come to a standstill. Global polymer prices continue to tumble due to plants and businesses being shut and major focus being on the production of essentials and medical gear.
RIL reduced the basic prices of all PP grades by rs 3000/Mt, HDPE grades by rs 3000/Mt , LLDPE grades by Rs 4000/ Mt and LDPE grades by rs 2500/Mt. PVC prices were reduced by Rs 3000/ Mt. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
COVID 19 virus continues its march across the Globe and practically every country is grappling with this crisis. As a result crude values have dipped to the lowest levels ever to $ 27 per barrel and feedstock is also following closely. The Polymer prices have also corrected downwards but not in line with the crude or feedstock values probably because supply is hampered due to plant shutdowns both planned and unplanned and logistics of movement across the globe restricted because of virus protocols put in by the affected countries. On the Domestic front India has started taking aggressive measures to contain the spread of the virus and demand has definitely been impacted due to which processors are stepping in to cover need based buying and not build long inventories. Though at the current moment believe we have the lowest prices on offer compared to other countries.
RIL chose to reduce the PP delivered basic prices by Rs 1000/Mt except for Grade AS12000N for which the price is rolled over.
The Market is still in a very uncertain state due to the Corona Virus still showing no signs of abating in China and having spread to 60 countries as of 29th Feb, Most Global economies are being impacted adversely and crude oil values have dropped by 10 to 12 % in the last fortnight due to low consumption fears. Also understand Global trade is being impacted due to shortage of containers both for Export and Import due to large volumes being stuck in China due to the Quarantine imposed there. On the positive side India is still unaffected and the 3 or 4 Cases detected were properly handled and have since recovered.
On the domestic front order flow picked up substantially in the last 10 days of Feb as processors stepped up the flow to complete APPQ and Incentive scheme slabs in all three Polymers PP/PE/PVC, also the Price Protection in the PP and PE Grades made the price attractive to build up a comfort level in inventories.
RIL Reduced the PP Delivered Basic Prices by Rs 1500/Mt. The HDPE Pipe Grades Prices were increased by Rs 1000/Mt alongwith the LDPE 1070LA17 price which was increased by Rs 3000/Mt and all other LDPE Grades the Prices were increased by Rs 1000/Mt. All other HDPE and all LLDPE/PVC Prices were rolled over. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
The Coronavirus outbreak in China impact is seen in the Market sentiments which have turned weak and the Polymer prices have turned bearish due to considerably reduced Consumption and Demand for Raw Materials and Finished Products in China as most manufacturing sites are either fully or partially shut down and key cities have been sealed off to contain the virus. Though quite a few manufacturing sites have restarted and many have announced that they will restart by March 7th there is still a question mark on when Manufacturing and Demand will normalise as the Virus is still active.
The Deemed Export Prices in PP grades have been revised as per price circular attached.
On the domestic front HDPE/LDPE Demand is good and order flow is quite positive, In LLDPE the Film grades are a little slow due to surplus avails however the LLD roto and Hi Flow grades have a healthy order book. PVC order flow is stable and RIL started the month with very low inventories which further motivated processors to step in and cover inventory due to upcoming seasonal demand.
RIL chose to Reduce the PPHP Delivered basic Prices by Rs 1000/Mt and the PPCP and RCPP prices by Rs 500/Mt. The Deemed Export Prices in PP grades have been revised as per price circular attached.
RIL rolled over the PP/HDPE/LLDPE/LDPE prices wef 1st February 2020. RIL PVC Delivered Basic Price was increased by Rs 1000/Mt. The Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
Just when it seemed that the hostilities between IRAN and the US would escalate and impact the supply and pricing of Polymers the subsequent de-escalation that was announced by both countries cooled off the tensions and put an end to the crisis that was developing for the present. Crude oil values corrected downwards to earlier levels and the Prices and sentiments remained stable, Further the US/CHINA trade deal which is now imminent should resolve the trade war and further calm market sentiments.
The only factor which could disrupt supplies are the impending shutdowns in ME and China and S.E. Asia plants in Jan/Feb some of which have already started and this could lead to firming of prices.
RIL Increased the LLDPE Domestic Delivered Prices by Rs 1500/Mt and rolled over the HDPE/LDPE/PP/PVC Prices WEF 16th JanuaryThe Deemed Export Prices in PE, PP grades have been revised as per price circular attached.
The sluggish undertone in the polymer sentiments had turned around and bottomed out due to improved ground demand in China and other Asian markets. In India also the processors had started to build comfort levels in inventories and taking advantage of the incentive schemes. However the increase in hostilities between Iran and US and the impending shutdowns in ME and China and S.E. Asia plants ensured that sentiments firmed up and prices could only go up. Therefore it came as no surprise that RIL chose to increase the basic delivered prices wef 9th January 2020 in PP Grades by Rs 1000/Mt and HDPE prices by Rs 1000/Mt, LDPE prices by Rs 1500/Mt, PVC prices by Rs 1500/Mt and rolled over LLDPE prices.
