LDPE (16MA400) prices move down in Chennai market (Business Opportunities - Marketing & Sales)

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LDPE (16MA400) prices move down in Chennai market


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Indian Petrochem analysts have observed loq prices for LDPE 16MA400 within 6he Chennai domestic market. On January 14, 2024, the price was recorded at Rs 130/kg. LDPE, a versatile polymer, is extensively used in various industries, including packaging, agriculture, and consumer goods, making its price trends critical for multiple sectors. In India, major producers of LDPE include Reliance Industries Limited (RIL), Indian Oil Corporation Limited (IOCL), GAIL (India) Limited, and Haldia Petrochemicals Ltd. (HPL). These companies cater to the growing domestic demand for LDPE in sectors such as food packaging, greenhouse films, and industrial coatings. Globally, prominent producers include ExxonMobil, SABIC, Dow Chemicals, LyondellBasell, and Sinopec, which supply LDPE for diverse applications across industrial, agricultural, and consumer markets. The global LDPE market, valued at approximately $44 billion in 2024, is projected to grow to $55 billion by 2030, with a compound annual growth rate (CAGR) of 4.2%. Growth is driven by rising demand for flexible packaging, expanding use in agriculture, and the increasing adoption of lightweight materials in automotive and construction sectors. Indi, Indian LDPE Prices, Indian Prices LDPE, LDPE Prices In India, Indianpetrochem.
#IndianLDPEprice #LDPEpricesinindia #IndianPricesLDPE #Indianpetrochem.

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Last Update : Jan 14, 2025 9:40 AM
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Item  Owner  : indianpetrochem
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