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Slight dip in Bangalore Polypropylene prices | |
Free Online Advertising Free Internet Web Site Advertising. UK Free Classifieds United Kingdom Free Ads Website. 100% Free Ad Posting. Canada Free Ads Popular Online Classifieds in Canada. No Sign up, No Email Required to Post. The domestic market for Propylene (H030SG) in Bangalore experienced a low price today. The commodity's price has decreased from Rs.98/kg to Rs.97/kg, marking a Re.1/kg hike. The rise in Propylene prices may be attributed to lower feedstock costs, subdued demand in downstream industries like plastics and packaging, or increased supply in the market. Analysts suggest this price movement could signal a broader trend in the petrochemical sector, as manufacturers and suppliers respond to global and domestic pressures. Major domestic producers, including Reliance Industries Limited, Haldia Petrochemicals, and Indian Oil Corporation Limited, have been adjusting operations to align with market conditions. Internationally, leading players like LyondellBasell Industries, ExxonMobil Chemical, and SABIC continue to dominate global Propylene production, balancing capacity expansions and market demands. In 2022, the global production volume of polypropylene was estimated at around 74 million metric tons, with forecasts suggesting an increase to approximately 114 million metric tons by 2030, indicating a CAGR of 5.54% during this period. Indian PP Prices, PP Prices In India, Indian PP Price, Indian Price PP, Indian Prices PP, Indoanpetrochem. #IndianPPprices #PPpricesinindia #IndianPPprice #IndianpricePP #IndianpricesPP #Indoanpetrochem. | |
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| Target State: All States Target City : Delhi, Ahamdabad and Mumbai Last Update : Feb 18, 2025 10:18 AM Number of Views: 7 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-02-18 (0.574 sec)