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Tuesday, Feb 03, 2004

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Reliance hikes petrochem prices

Our Bureau

Mumbai , Feb. 2

RELIANCE Industries Ltd has hiked prices of fibre intermediates, polyester and polymer products from February 1.

Among fibre intermediate products, purified terephthalic acid prices are up 9.4 per cent to Rs 37.20 per kg (Rs 34) and mono ethylene glycol prices are up 7.9 per cent to Rs 43.65 per kg (Rs 40.45).

Partially oriented yarn prices have been hiked by 8.6 per cent to Rs 76 per kg (Rs 70), polyester staple fibre is up 3.2 per cent to Rs 65 per kg (Rs 63) while polyethylene terehthalate prices are up 7.2 per cent to Rs 59.50 per kg (Rs 55.50).

Among polymers, polyethylene prices are up 6.4 per cent to Rs 50.20 per kg (Rs 47.20) and polypropylene to Rs 50.85 per kg (Rs 48.85), 4.4 per cent dearer. Polyvinyl chloride prices are 4.6 per cent higher to Rs 45.50 per kg (Rs 43.50).

Linear alkyl benzene prices have been slashed 3.6 per cent, to Rs 53.90 per kg (Rs 55.90).

The prices have been hiked in line with the global jump in petrochemical prices, said a senior analyst.

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