Polymer Market Scenario : PE
🔹 China Spot offers:CNY/t:
✔️Hdpe
This week:10237
Last week:10212
W.o.W Trend:Up 0.24%
✔️LDPE
This week:10812
Last week:10612
W.o.W Trend:Up 1.88%
✔️LLDPE
This week:9500
Last week:9535
W.o.W Trend:Down 0.37%
(1$ = 6.8 CNY)
🔹 India :
On Friday Indian Rupee appreciated against USD & ends at 20 month high of 64.28 against the US dollar. As US Dollar Falls After US Strikes Syria.
RIL has introduced Post Sale disc.on lifting of HD / LLDPE & LDPE grades (Prime /Non Prime ) of Rs.1.5/kg for April 17 off take. Buying sentiments are of need base ,while some grades like HD Blow, Film, LDPE General Purpose, LDPE Hi flow observed under scarcity.
