Delhi records low HDPE prices (Business Opportunities - Marketing & Sales)
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Item ID 133383082 in Category: Business Opportunities - Marketing & Sales
Delhi records low HDPE prices | |
The price of High-Density Polyethylene (HDPE), grade (E52009), in the Delhi domestic petrochemical market witnessed a cut today. On February 7, 2025, the cost of the material decreased by Re. 1/Kg, moving from Rs. 99/Kg to Rs. 98/Kg. This upward adjustment signals a potential shift in market sentiment, attributed to a mix of domestic production trends, global market influences, and fluctuating demand patterns. Indian producers, including Reliance Industries Ltd., Indian Oil Corporation, and Haldia Petrochemicals, have reported adequate supply levels, aligning with stable production output. However, the softening of prices suggests possible inventory pressure amidst moderate downstream demand. The domestic market for HDPE is influenced by its extensive application across industries. The packaging, construction, and automotive sectors drive the bulk of HDPE demand. Current price shifts may incentivize cost-sensitive buyers, particularly in small-scale operations. Globally, HDPE prices are experiencing a mixed trend, with a CAGR (Compound Annual Growth Rate) for the polymer market projected at approximately 4% over 2024-2029. Emerging economies are showing resilience in HDPE consumption. Indian HDPE Price, HDPE Price In India, Indian Prices HDPE, Indian HDPE Prices, Indian Prices HDPE, HDPE Prices In India, Indianpetrochem. #IndianHDPEprice #HDPEpriceinindia #IndianpricesHDPE #IndianHDPEprices #IndianpricesHDPE #HDPEpricesinindia #Indianpetrochem. | |
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| Target State: All States Target City : All Cities Last Update : Feb 08, 2025 9:11 AM Number of Views: 36 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-02-22 (0.388 sec)