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LDPE (16MA400) prices low in Ahmedabad market


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Indian Petrochem analysts have observed prices are low for LDPE (Low-Density Polyethylene) grade 16MA400 within Ahmedabad domestic market. On December 30, 2024, the price was recorded at Rs. 131/kg, reflecting strong demand for the material. LDPE, a versatile polymer, is extensively used in various industries, including packaging, agriculture, and consumer goods, making its price trends critical for multiple sectors. In India, major producers of LDPE include Reliance Industries Limited (RIL), Indian Oil Corporation Limited (IOCL), GAIL (India) Limited, and Haldia Petrochemicals Ltd. (HPL). These companies cater to the growing domestic demand for LDPE in sectors such as food packaging, greenhouse films, and industrial coatings. Globally, prominent producers include ExxonMobil, SABIC, Dow Chemicals, LyondellBasell, and Sinopec, which supply LDPE for diverse applications across industrial, agricultural, and consumer markets.The global LDPE market, valued at approximately $44 billion in 2024, is projected to grow to $55 billion by 2030, with a compound annual growth rate (CAGR) of 4.2%. Growth is driven by rising demand for flexible packaging, expanding use in agriculture, and the increasing adoption of lightweight materials in automotive and construction sectors. Indian LDPE Prices, LDPE Prices In India, Indian Prices LDPE, Indianpetrochem.
#IndianLDPEprices #LDPEpricesinindia #IndianpricesLDPE #Indianpetrochem.

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Last Update : Dec 30, 2024 10:43 AM
Number of Views: 4
Item  Owner  : indianpetrochem
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