Indian Oil Corporation Increases Polyolefin Prices for Second Time in July
Indian Oil Corporation (IOC) has announced a second increase in polyolefin prices for July, effective from the 27th of the month. This follows a previous hike on July 23. The price adjustments include an increase of ₹5,000 per metric ton for polypropylene (PP), ₹2,000 per metric ton for high-density polyethylene (HDPE), and ₹5,000 per metric ton for linear low-density polyethylene (LLDPE).
The consecutive price hikes reflect ongoing cost pressures and efforts to stabilize the market amid recovering feedstock prices. These adjustments are part of a broader trend among leading polymer manufacturers in India, who have been revising prices in response to fluctuating market conditions.
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