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MUMBAI: Reliance Industries Ltd on Wednesday cut prices of six of its nine petrochemicals products, for the month of December. Price of naphtha, used for making these petrochemical products, has fallen in the last few days, prompting India's largest petrochemicals maker to cut prices.

RIL lowered per kilogram prices of polyethylene by Rs 1.50 to Rs 59.70 a kg, polypropylene prices by Rs 2 to Rs 61 a kg and poly vinyl chloride prices by Re 1 to Rs 51 a kg.

It slashed prices of monoethylene glycol by Rs 4.30 to Rs 62.40 a kg and purified terephthalic acid by 90 paise to Rs 48.30 a kg. Prices of partially oriented yarn are down Rs 1.60 to Rs 76.40 a kg while polyester staple fibre and linear alkyl benzene prices remain unchanged at Rs 71.50 a kg and Rs 60.90 a kg.

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