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Reliance hikes Polymer prices
Reliance Industries Ltd. has hiked the prices of Polyester, Polymer products and fiber intermediates with effect from October one in the wake of the recent surge in the prices of global crude oil.
Reliance Industries Ltd. has hiked the prices of Polyester, Polymer products and fiber intermediates with effect from October one in the wake of the recent surge in the prices of global crude oil.
The company has effected an 18.9 per cent increase in the price of polyester yarn to Rs 66 per kg against Rs 55.5 per kg, while the price of polyester staple fiber has been left unchanged at Rs 55.5 per kg, according to the company sources.
The company has effected an 18.9 per cent increase in the price of polyester yarn to Rs 66 per kg against Rs 55.5 per kg, while the price of polyester staple fiber has been left unchanged at Rs 55.5 per kg, according to the company sources.
In the Polymers segment, the price of Polyethylene has been increased by two per cent to Rs 52 per kg, Polypropylene by 5.5 per cent to Rs 48.15 per kg, while the price of Polyvinyl chloride has been hiked by 2.3 per cent to Rs 45 per kg.
In the fiber intermediates category, Ril has effected an increase of 1.9 per cent on the price of purified Terepthalic acid to Rs 34.25 per kg, while on Monoethylene-glycol the rise is 2.7 per cent to Rs 34.2 per kg.
Bureau Report