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PS (GPPS) prices journey south in Ahmedabad


The Ahmedabad petrochemicals market today high witnessed in the price of PS (GPPS). On January 10, 2025, the price dropped by Re. 1/kg, moving from Rs. 129/kg to Rs. 130/kg. This decrease in PS (GPPS) prices reflects softer demand from downstream industries such as packaging and consumer goods, coupled with increased supply availability in the region. Market analysts suggest this shift is indicative of a broader trend of easing prices within the petrochemical sector. Key domestic suppliers, including Supreme Petrochem and LG Polymers India, are likely to adjust their strategies to address the changing market dynamics. On the global front, producers such as INEOS Styrolution and Trinseo are experiencing similar price pressures due to regional demand fluctuations.The global GPPS market is experiencing a period of stabilization, with a projected CAGR of 3.5% from 2023 to 2028. Indian PS Prices, PS Prices In India, Indian Prices PS, Indianpetrochem.
#IndianpricesPS, IndianPSprices #PSpricesinindia #Indianpetrochem.

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Target State: All States
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Last Update : Jan 10, 2025 11:01 AM
Number of Views: 27
Item  Owner  : indianpetrochem
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