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MUMBAI (Scrap Monster): Prices of petroleum products in India have zoomed in recent times due to rise in crude oil prices. This includes polyvinyl choride (PVC), Polyethylene and polypropylene (PP) while LLDPE (Linear low density poly ethylene) also surged in domestic markets.

Petrochemcial manufactureres have been forced to increae prices to cope up with rising feedstock prices, according to Business Standard.While prices of polyvinyl chloride (PVC) has gone up by Rs 2 a kg in plain suspension variety, polymer prices have gone up by Rs 2 a kg for polyethylene (PE) and polypropylene (PP).LLDPE (Linear low density poly ethylene), the most popular variant of PE witnessed prices going up by Rs 1.50 a kg.

After sustaining a cut in prices for a long time, all petrochemical companies have raised those of a popular variant of polymer, polyethylene, by Rs 1 a kg or Rs 1,000 a tonne in January 2011.While some petrochemical refiners use crude as the raw material, some use naptha.

LLDPE is one of the most popular variants of polyethylene, produced under low temperatures and used for plastic bags and sheets, plastic wraps, stretch wraps, pouches, toys, covers, lids, pipes, buckets, containers and the covering of cables. Polypropylene is used in a variety of day-to-day products, from high-tenacity cement and fertiliser bags to tough fibres such as films and containers. HDPE is a high-tenacity polymer, used primarily in preparation of bottles, chairs, mugs, wood plastic composites, telecom ducts. PVC is used for construction and pipes, the Business Standard report added.