SBR Prices In India (Business Opportunities - Marketing & Sales)
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Item ID 132925373 in Category: Business Opportunities - Marketing & Sales
SBR Prices In India | |
The market for Styrene Butadiene Rubber (SBR) 1712, a crucial material utilized in various applications within the automotive industry, particularly for tire manufacturing, has experienced notable fluctuations in recent times. SBR 1712, an imported material manufactured by Kumho PC, has been subject to frequent price variations, raising concerns among stakeholders. The price volatility in SBR 1712 can be attributed to several factors, prominently including fluctuations in the cost of its primary raw material, styrene. As styrene prices have seen a recent uptick, it has inevitably impacted the overall pricing dynamics of SBR 1712, leading to consecutive price hikes. Despite being reliant on imports, the Indian market also boasts indigenous production capabilities for SBR, notably led by Reliance Industries. With an annual production capacity of 150KT, Reliance plays a pivotal role in catering to the domestic demand for SBR. However, even indigenous production hasn't shielded the market from escalating prices, as Reliance's SBR rates have followed suit with the global trend of price hikes. #SBRPricesInIndia #Indianpetrochem | |
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| Target State: All States Target City : All Cities Last Update : Feb 15, 2024 1:53 AM Number of Views: 88 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2024-11-17 (0.633 sec)