Mumbai market sees a cut in ABS prices | |
The plastic market of Mumbai witnessed a mild correction today as prices for ABS Grade Absolac 300 saw a slight dip. The material, which was trading at Rs.159/kg on 14th April, is now being offered at Rs.157/kg on 15th April, reflecting a Rs.2/kg decline. Currently, demand in the market is moderate, with local buyers showing limited interest. Trading activity remains subdued, prompting suppliers to lower prices slightly to keep material movement steady and close deals faster. The Mumbai market is currently in a silent zone – neither bullish nor bearish. As for the outlook, traders suggest that a sharp upward movement is unlikely in the immediate future. Any recovery will depend on an improvement in demand or support from global trends. If neither happens, the market may face further downside pressure. Stay tuned – the coming week will likely shape the next direction for the market, Indian ABS Prices, ABS Prices In India, Indian Prices ABS, Indianpetrochem, Indian ABS Price, Indian Price ABS, ABS Price In India. #IndianABSprices #ABSpricesinindia #IndianpricesABS #Indianpetrochem #IndianABSprice #IndianpriceABS #ABSpriceinindia | |
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Target State: All States Target City : Delhi, Ahamdabad and Mumbai Last Update : Apr 15, 2025 10:21 AM Number of Views: 37 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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