Why OnlyPoly

India’s Leading Tech-enabled Trading Company in Polymer

In macro and micro dynamic and volatile environment, gaps in supplies and inventory managements are key issues to industry. Traditionally, this gap was managed by oligopolistic petrochemical producers and closely held traders / distributors. The distributors / traders had prominence, acting like financers in distribution network of petrochemical industry.

In last 2-3 years, the disruption in global supplies, logistics costs have major impact to both the traditional distribution system and the user fraternity. This has helped online trading platforms to catch the eyes of increasing users.

Platform for Users and Distributors

Instant and factual information
Ease of Doing Business Transactions
Offer of Choices Without Bias
Increasing Reliability
No Long Term Bindings

The advent of the technological tools in trading applications have timely offered platform to both users and distributors. This empowerment to sellers being able to offer/sell and buyers to bid and transact, available products at market driven prices, is helping bridge the product demand – supply gaps.

Some petrochemical companies in past did use online trading platforms in private to invite reverse auctioning on strictly invitation basis. This have thus helped few. The trade flow from distributors / large traders to smaller traders / users have been very traditional and controlled. Our online platform is aimed to expand the eco-system, offering wider reach and offering opportunity to even small user and traders to work through it.

Top Five Import Origin of Selected Petrochemical Products in 2019-20

Product	Exporting country	Volume (MT)	Value (Lac)
EVA	Korea RP	82608.255	90175.02
	Saudi Arabia	40045.85	40043.909
	Thailand	24287.912	27564.723
	Belgium	13030.81	13483.61
	USA	9527.186	9353.59
	Product Total	169500.018	180620.86
Product	Exporting country	Volume (MT)	Value (Lac)
LLDPE	UAE	82180.176	55590.73
	Singapore	47365.117	33798.378
	Saudi Arabia	45223.996	31469.795
	USA	44784.049	29136.971
	Qatar	39881.169	27190.733
	Product Total	259434.507	177186.607
Product	Exporting country	Volume (MT)	Value (Lac)
PVC	Japan	221601.479	140229.045
	Taiwan	210839.955	134878.731
	Korea RP	136920.738	87041.53
	Thailand	44922.82	29908.117
	Russia	38908.589	24158.369
	Product Total	653193.581	416215.792
Product	Exporting country	Volume (MT)	Value (Lac)
PP (INC.COPOLYMERS)	UAE	216268.734	164919.064
	Singapore	211881.204	195647.786
	Saudi Arabia	204897.661	158048.346
	Korea RP	72809.837	72298.335
	Thailand	66994.181	61713.607
	Product Total	772851.617	652627.138
Product	Exporting country	Volume (MT)	Value (Lac)
HDPE	UAE	238696.594	183613.679
	QATAR	107328.858	76150.443
	USA	103662.141	75065.903
	Singapore	81076.323	64839.881
	Saudi Arabia	65630.356	46356.281
	Product Total	596394.272	446026.187
Product	Exporting country	Volume (MT)	Value (Lac)
LDPE	Saudi Arabia	63385.732	45019.069
	USA	45359.066	32171.182
	UAE	43525.448	30785.812
	Qatar	43289.08	31275.312
	Singapore	37833.727	29453.9
	Product Total	233393.053	168705.275

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Why OnlyPoly

India’s Leading Tech-enabled Trading Company in Polymer

Platform for Users and Distributors

Top Five Import Origin of Selected Petrochemical Products in 2019-20

Information is the key to success. Subscribe to get the latest update on What's happening in World Market and an insight to present Polymer Scenario.

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