A better trend prevailed in the local plastic market today with low density and high density polymer prices rising on the back of pick-up in industrial demand.
Rise in crude oil prices in the global market also supported the upside in select polymer prices.
Traders said besides pick-up in demand from consuming industries such as packaging and moulding units, firming trend in crude oil prices in global market also influenced polymer prices here.
Polymers are bio-products of crude oil. Low density (LD) No 40 and LD No 400 added a rupee each to Rs 90 and Rs 90.50 per kg, respectively.
High Density (HD) blowing and HD moulding (deshi) rose by the same amount to Rs 74 and Rs 81 per kg, respectively.
Following were quotations per kg:
LD No 40 - 90.00, LD No 400 - 90.50 LLDP blowing 80, colour 75 HD Blowing 74, HD moulding (deshi) 81, HD moulding (colour) 86.00, 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
