PS (HIPS) prices rise in Mumbai market (Business Opportunities - Marketing & Sales)

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PS (HIPS) prices rise in Mumbai market


Today reflects a rise in PS(HIPS) prices within the Mumbai petrochemicals market, indicating a shift in market trends. On January 15, 2024, this commodity product’s price rose from Rs.139/Kg to Rs.140/Kg, marking a Re.1/Kg decrease. India's polystyrene (PS) market is supported by key domestic producers catering to various industries, including packaging, electronics, and construction. Supreme Petrochem Ltd. (SPL), a leading manufacturer, produces General Purpose Polystyrene (GPPS) and High Impact Polystyrene (HIPS) from its Maharashtra facility. LG Polymers India Pvt. Ltd., based in Andhra Pradesh, manufactures GPPS, HIPS, and ABS, serving applications in electrical appliances, toys, and packaging materials. Toyo Engineering Corporation collaborates with multiple petrochemical companies in India for GPPS production. Bhansali Engineering Polymers Ltd. (BEPL), operating plants in Maharashtra and Madhya Pradesh, specializes in ABS and GPPS for automotive, electronics, and consumer goods.The CAGR for global PS production has been modest, around 2-3%, largely driven by growth in emerging markets. Asia-Pacific, particularly China and India, has shown a higher CAGR (~3-5%) due to industrial growth and urbanization. Indian PS Prices, PS Price In India, Indian Price PS, PS Prices In India, Indianpetrochem.
#IndianPSPrices #PSpriceInIndia #IndianpricePS #PSpricesInIndia, #Indianpetrochem.

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Target State: All States
Target City : All Cities
Last Update : Jan 16, 2025 11:10 AM
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Item  Owner  : indianpetrochem
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