India's biggest petrochemicals maker and a leading refiner, Reliance Industries Ltd, said on Monday it has raised product prices of polymers and key fibre intermediates by 2.4 per cent to 27 per cent for February.
It raised the price of polyvinyl chloride to Rs 43.10 per kg from Rs 42.10 in January, polypropylene to Rs 50.35 per kg from Rs 48.35 and polyethylene to Rs 43.20 per kg from Rs 41.20, a Reliance media release said.
Monoethylene glycol will now cost Rs 39.50 per kg instead of Rs 31.10 and polyethylene terepthalate Rs 58.50 per kg instead of Rs 53.50.
Prices of partially oriented yarn was raised to Rs 71.16 per kg from Rs 65.68, polyester staple fibre by Rs 4 to Rs 58.25 per kg and purified terephthalic acid by five rupees to Rs 37.50.
Price of linear alkylbenzene has been retained at Rs 51.40
Reliance shares, which have about 15 per cent weightage in the benchmark Sensex, were up 0.6 per cent at Rs 276.85, while the key marker was 0.5 per cent higher.
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