POLYMERBAZAR:Purchase Opinion Week 2 nd.,Oct.,2010..

[POLYMERBAZAR:BHAVIN VORA,SAMYAK ENTERPRISE+91 93745 24365]

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Purchase Opinion :
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China is back in routine buying,This week,we predict all polymers will
come up with an avg.increment of $ 40-$ 50.This may lead tightness in
open market.Last Global Polymer’s Report (6/10) confirmed stability in
major commodity Polymers at International level. As per us, during
this week, the trend will shift towards up direction as china will be
back in routine purchases. This in turn will boost Traders & stockiest
to stock material & build inventory. Crude is also increasing &
considering winter season the European & American market will procure
more quantity of crude.

Over all routine purchase is advisable.
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Considering HPL’s extended shutdown market has responded positively
for HM & Other HD grade buyers. According to sources said shutdown was
extended up to 2nd Week of Oct.

Some shutdown has given boost to market in anticipation of expected
shortage of material in PE. Open Polymer market is having demand in
raw material sp.in PP injection mldg, Film. Hm & LL film is also under
demand. Traders are 100% seller, but buying from manufacturer is under
low demand. All major grades are available with a variety of range
from domestic to import.

PP: Purchase is advisable
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1.)Last week’s report(6/10/10)confirms mostly flat in offer rates in
comparison of previous week. Indian new year (DIWALI), is almost one
month ahead, this may bring demand in finished products. Manufacturers
are waiting
For seasonal demand.

2.) IOC has captured major market in injection moulding due to cheaper
rate & quality. Other grade of IOC’s are also well-excepted by market
considering quality. Industries have responded positively with an
intension to develop an alternate for their routine purchase.

PE: Purchase is advisable
~~
Last week’s Global report was in favour of buyers as it clearly shows
up trend in LL & LDs.

1.) Purchase in PE is also advisable, looking to mat. Availability
issue.

Processing quality of HM manufactured by IOC has been appreciated &
well accepted by Industry. As per news quality better than other
mfgrs. Hd blow (IOC) is also of market expectation. Looking to current
review of Industry reg. quality of polymers manufactured by IOC, we
assume that IOC will lead in major Polymers in coming days.

PVC:
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1.) Some of the grades of PVC especially “K” value 67,is under short
supply.Imported material is available in market at higher rates. Even
report also confirms stability in rates at global level. Buyers are
advised to make their Purchase as per requirement only.

Crude oil is @ $ 83.09/bbl.
To day's Exchange Rate Is 1$=44.285 INR
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