IOCL Declares Special Incentive for PP & PE Liftings; Early Bird Scheme Ends
Incentive Details:
PP (October APP Completion)
75%: ₹1,000/MT
100%: ₹1,500/MT
LLDPE (October APP Completion)
75%: ₹1,000/MT
100%: ₹1,500/MT
HDPE (October APP Completion)
75%: ₹1,500/MT
100%: ₹2,000/MT
Market Update:
The Early Bird Discount (₹2,500/MT) scheme has officially ended, resulting in an upward adjustment in costings:
PP & LLDPE: Increased by ₹1,000/MT
HDPE: Increased by ₹500/MT
The revision reflects IOCL’s strategic move to balance inventory and pricing dynamics as the market enters the final phase of October trading.
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