Strategic tie - up of NCDEX with Polymerupdate - Futures contracts in 3 most versatile Polymers viz Polypropylene (PP), Linear Low density Polyethylene (LLDPE) & Polyvinyl Chloride (PVC) were launched for trading on the NCDEX platform by Shri Mukesh D. Ambani, CMD, Reliance Industries Limited on the 16th of April 2007. Since then NCDEX has received encouraging responses from the Industry participants as well as other market participants who actively contribute in the derivatives markets. With a motive to discover and disseminate real time prices for Polymers in India by actual trading in futures contracts and to provide the availability of this risk hedging tool to the entire value chain of the Polymer Industry, NCDEX has been continuously attempting to inform and educate the Polymer Industry to understand and come forward to hedge the risk that they have always been carrying due to volatility in prices. Moving forward in this endeavor NCDEX today said that they were proud to announce a strategic tie Polymerupdate, provider of real time news and price alerts has grown to become a preferred destination for local as well as global players seeking plastics and petrochemical intelligence.