HDPE (E52009)prices down in Bangalore (Business Opportunities - Marketing & Sales)
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Item ID 133391653 in Category: Business Opportunities - Marketing & Sales
HDPE (E52009)prices down in Bangalore | |
The price of High-Density Polyethylene (HDPE), grade (E52009), in the Bangalore domestic petrochemical market witnessed a cut today. On February 13, 2025, the cost of the material decreased by Re. 1/Kg, moving from Rs. 98/Kg to Rs. 97/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 Prices, Indian HDPE Price, Indian Prices HDPE, Indian Price HDPE, HDPE Prices In India, Indianpetrochem. #IndianHDPEprices #IndianHDPEprice #IndianpricesHDPE #IndianpriceHDPE #HDPEpricesinindia #Indianpetrochem. | |
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| Target State: All States Target City : Delhi, Ahamdabad and Mumbai Last Update : Feb 13, 2025 11:26 AM Number of Views: 34 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-02-22 (0.778 sec)