PVC (k-57 ) prices pick up in Chennai market (Business Opportunities - Marketing & Sales)

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PVC (k-57 ) prices pick up in Chennai market


The domestic PVC (K-57) market in Chennai experienced price growth today. The commodity's price has increased from Rs.75/kg to Rs.76/kg, marking a Re.1/kg hike. Polyvinyl Chloride (PVC) with a K-value of 57 is a specific grade of PVC resin characterized by its molecular weight, influencing properties such as flexibility and processability. In India, several manufacturers and suppliers like Chemplast Sanmar, Shree Narayan Enterprises, Uma Narayan Enterprises ensure the availability of PVC K57 resin for industries requiring specific material properties for their products. In 2018, the global production volume of PVC was approximately 44.3 million metric tons. This figure is projected to grow to nearly 60 million metric tons by 2025.The Asia-Pacific region holds a significant share of PVC production capacity, representing around 63% of the global capacity. China, as the leading global PVC producer, accounts for a substantial portion of this capacity. In contrast, the European plastics industry has experienced a decline, with production decreasing by 8.3% in 2023. This downturn is attributed to factors such as high energy prices, restrictive regulations, and competition from lower-cost production overseas. Indian Prices PVC, PVC Price In India, Indian PVC Price, PVC Prices In India, Indianpetrochem.
#IndianPricesPVC #PVCPriceInIndia #IndianPVCPrice #PVCPricesInIndia #Indianpetrochem.

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Target City : All Cities
Last Update : Jan 17, 2025 10:54 AM
Number of Views: 33
Item  Owner  : indianpetrochem
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