POLYMERBAZAR:Daily Polymer Report (16/10/2010) ,Purchase opinion & much more............

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

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Purchase Opinion :
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Though Latest Global report (13/10/2010),was of increment,Indian
Domestic Company has decreased polymers rate W.E.F. 14/10/2010.As
exchange rate of 1 USD=44.20 INR.Considering major down ward in
exchange rate said revision may have taken place.Other than this
factor,Imported LLDPE from different origin is available in
quantity .Nos. of other cargo of LLD is in transist to Indian
Port.LLD,was the most effected material of this revision.

PP: Purchase is advisable as per routine requirement.

Due to major volatility in exchange rate,Domestic company couldn?t
increase rate of PP though report was of Increment.Still we
expect,stability or Upward trend for polymer?s offer in USD/MT at
global level.

PE: Purchase is advisable as per routine requirement.

Due to major volatility in exchange rate,Domestic company was forced
to revise price downward.Still we expect,stability or Upward trend for
polymer?s offer in USD/MT at global level.

PVC:
1.) Buyers are advised to make their Purchase as per requirement only.

Crude oil is @ $ 83.84/bbl.

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