Mumbai sees surge in PET prices | |
The Mumbai market has experienced a notable surge in the price of Polyethylene Terephthalate (PET), grade G5801. As of July 31, 2024, the cost has increased by Rs. 2 per kilogram, rising from Rs. 110/kg to Rs. 112/kg. Polyethylene Terephthalate (PET), a polymer created through the polymerization of ethylene glycol and terephthalic acid, is widely used in packaging and textile production. The recent price hike reflects shifting dynamics in the PET market, influenced by several key factors. The surge in PET prices is attributed to recent supply chain disruptions and increased production costs. A rise in raw material prices and logistical challenges have contributed to the higher costs. Additionally, strong demand in both the packaging and textile sectors has put pressure on available supply, further driving up prices. Indian PET Prices, Indian Prices PET, PET Prices In India, Indianpetrochem. #IndianPETprices #PETpricesInIndia #Indianpetrochem | |
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Target State: All States Target City : All Cities Last Update : Aug 01, 2024 11:31 AM Number of Views: 90 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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