PBR (Grade 1220) prices surge upward | |
In recent times, there has been a fluctuation in the market dynamics surrounding PBR rubber 1220, a product manufactured by Reliance Rubber Industries Limited. Over the course of the past month, this particular commodity has experienced significant price swings, with periods of escalation . Notably, in the most recent trend, the market has witnessed a slight uptick in the price of PBR 1220, particularly evident in the Delhi market where the cost has increased by Rs. 2/kg, marking a shift from Rs. 180/kg to Rs. 182/kg today. The underlying factors influencing these fluctuations are multifaceted. Firstly, it's crucial to understand the composition of PBR 1220, which primarily consists of 1,3 butadiene as its raw material. This compound lends itself to a variety of industrial applications, with the lion's share of usage—approximately 70%—attributed to tire production. The tire industry, as a cornerstone consumer of PBR rubber, serves as a significant determinant of its market performance. PBR Prices In Indian, Indian PBR Prices, Indianpetrochem. #IndianPBRprices #PBRPricesInIndia #Indianpetrochem | |
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Target State: All States Target City : All Cities Last Update : Jul 18, 2024 12:56 PM Number of Views: 57 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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