Paraformaldehyde 96% Prices In India (Business Opportunities - Other Business Ads)
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Paraformaldehyde 96% Prices In India | |
In the Ahmedabad market, a significant development has been observed in the pricing dynamics of paraformaldehyde 96%, a crucial chemical compound utilized in various industrial processes. Produced domestically by Balaji Formalin, paraformaldehyde 96% has experienced noteworthy fluctuations in its market value over the past month. This compound serves as a pivotal component in the manufacturing of several essential products, including phenolic urea and melamine resins, ion exchange resins, and the hardening of glues, among others. One of the critical factors influencing the price dynamics of paraformaldehyde is the stability of its raw material, methanol. Produced by Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), methanol has maintained a steady price of Rs. 40/kg for several months. This consistency in the pricing of methanol has contributed to the overall stability of paraformaldehyde production costs, mitigating potential fluctuations arising from raw material expenses In addition to its industrial applications, paraformaldehyde finds extensive usage in the agriculture sector. India, being one of the largest importers of paraformaldehyde globally, heavily relies on this compound for various agricultural purposes. However, the dependency on imports, particularly from China, exposes the Indian market to external price fluctuations and supply chain risks. | |
| Target State: All States Target City : All Cities Last Update : Feb 15, 2024 12:19 PM Number of Views: 71 | Item Owner : indianpetrochem Contact Email: (None) Contact Phone: (None) |
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2024-11-26 (0.393 sec)