Supported by pick up in demand from plastic moulding units in tandem with rising crude prices overseas, low density and high density polymer prices strengthened by Rs 2 per kg on the wholesale plastic market today.
Low density (LD) No 40 and LD No 400 polymers traded higher by Rs 2 each to Rs 94.50 and Rs 96 per kg, respectively.
High density (HD) moulding (deshi) and HD moulding (colour) gained Rs 2 each to Rs 80 and Rs 87 per kg, respectively.
Traders said firming crude oil prices in global market on unrest in Libya and pick up in local demand from plastic moulding units, mainly attributed to rise in select polymer prices.
Following are today's quotations in Rs per kg:
LD No 40 - 94.50, LD No 400 - 96.00 LLDP blowing 80, colour 75 HD Blowing 78, HD moulding (deshi) 80, HD moulding (colour) 87.00, PP No 100 - 82, PP Colour 103
ABS (Indian) 100, acrylic 110-120 colour 120-125, crystal (Indian) 70, colour 82, poly carbonate 170-178, Nylon No-6 155, Nylon No 66 - 190-200, PVC resin deshi 58, PVC pest grade 90