Propylene Glycol Prices In India (Business Opportunities - Marketing & Sales)

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Propylene Glycol Prices In India


Indian petrochemical sources brought attention to a notable surge in propylene glycol prices within the Mumbai chemical market. This uptick in pricing is indicative of dynamic shifts in the global chemical industry, particularly underscored by the burgeoning propylene glycol sector in China. Projections for 2024 reveal an impressive 110% increase in capacity expansion, reaching 915,350 tonnes and elevating the total annual capacity to an anticipated 1,759,350 tonnes. The focal points of this expansion are strategically concentrated in the Shandong and Jiangsu regions, with 14 proposed projects expected to contribute significantly, resulting in a noteworthy 21.7% rise in overall production.

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Last Update : Mar 11, 2024 5:15 AM
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Item  Owner  : Indianpetrochem
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