IOCL Revises Polypropylene Prices in India, Keeps Polyethylene Unchanged
Indian Oil Corporation Limited (IOCL), a major player in the Indian polymer market, has announced a revision in the prices of Polypropylene (PP) while keeping Polyethylene (PE) prices unchanged. This move reflects selective price adjustments in the domestic market.
According to the latest update, IOCL has increased the prices of PP Raffia/IM/BOPP by Rs. 3 per kg and PP TQ/F&F by Rs. 4 per kg. However, the prices for High-Density Polyethylene (HDPE) and Linear Low-Density Polyethylene (LLDPE) remain unchanged, indicating a strategic approach to pricing in response to market conditions.
This decision by IOCL highlights the company's focus on adjusting prices based on specific market demands and supply chain factors. The unchanged PE prices suggest stability in the demand and supply dynamics for this polymer category in India.
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