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Supreme Petrochem Ltd. reduces GPPS prices by INR 2 000/MT and HIPS by INR 5 000/MT w.e.f. 12 June 2021. Now 203EL is INR 122/kg basic. SH03 is INR 147/kg basic 12-Jun-21. RIL HDPE prices reduced by INR 2000/MT across all sectors except for HD Pipe and HM pipe which is rolled over. LLDPE prices rolled over.
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With import PVC prices in India having lost more than 16 of value over the past nine weeks players discussions have moved to whether a price floor might be nearing. A major Taiwanese producer -which often sets the tone of the market- approached India with a 130/ton decrease for July earlier this week while other regional producers
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