Low density polymers down on sluggish demand

Low density polymer prices declined by Rs 2 per kg on the local plastic market today due to reduced offtake by plastic bag makers.

However, other polymers such as polypropylene (PP) and High Density (HD), remained steady in the absence of worthwhile activity.

Traders said adequate stocks against reduced offtake by plastic bag makers mainly pulled down low density polymer prices.

LD No 40 and LD NO 400 were down by Rs 2 each to Rs 94.00 and Rs 96.00 per kg.

Following are today's quotations in Rs per kg:

LD No 40 - 94.00, LD No 400 - 96.00 LLDP blowing 80, colour 75.00 HD Blowing 78.00, HD moulding (deshi) 78, HD moulding (colour) 85.00, 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 58.00, PVC pest grade 90