Mumbai records high PS (GPPS) prices (Business Opportunities - Marketing & Sales)

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Item ID 133393403 in Category: Business Opportunities - Marketing & Sales

Mumbai records high PS (GPPS) prices


Today reflected a hike in PS(GPPS) prices within the Mumbai petrochemicals market, indicating a shift in market trends. On February 14, 2025, this commodity product’s price rose from Rs.131Kg to Rs.133Kg, marking a Re.2/Kg Increase. 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 Prices In India, Indian PS Prices, Indian Price PS, Indian Price PS, Indianpetrpchem. PS Price In India.
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Target State: All States
Target City : Delhi, Ahamdabad and Mumbai
Last Update : Feb 14, 2025 11:35 AM
Number of Views: 22
Item  Owner  : indianpetrochem
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