Delhi polymer market sees price surge in ABS TR551 (Business Opportunities - Marketing & Sales)
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Delhi polymer market sees price surge in ABS TR551 | |
The Delhi polymer market witnessed notable fluctuations today in the prices of Acrylonitrile Butadiene Styrene (ABS), grade TR551. According to reports from Indian Petrochem analysts, the prices surged by Rs 2/kg, reaching Rs 232/kg, up from Rs 230/kg on August 6, 2024 driven by increased demand and supply constraints. This price hike is attributed to increased demand in the automotive and electronics sectors, coupled with a slight shortage in supply. Industry experts predict that if the current market conditions persist, further price adjustments can be expected in the coming weeks.The ABS market is poised for growth, supported by its versatile applications in various industries and advancements in sustainable production technologies. However, manufacturers must navigate challenges related to raw material volatility and regulatory pressures to capitalize on the market opportunities. With a CAGR of approximately 6.57% over the past four years, the outlook remains positive, driven by increasing demand from key sectors and regional markets. Indian ABS Prices, ABS Prices In India, Indian Prices ABS, Indianpetrochem. #IndianABSPrices #ABSPricesInIndia #Indianpetrochem | |
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| Target State: All States Target City : All Cities Last Update : Aug 07, 2024 12:54 PM Number of Views: 47 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2024-11-25 (0.407 sec)