#Indianpetrpchem.
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Notable surge in PA6 prices
A notable surge in the Polyamide 6 (PA6), grade E35 prices was seen in the Mumbai market today as per the latest updates from Indian Petrochem analysts. The price increased to Rs 198/kg on November 18, 2024 from Rs 195/kg on November 16, 2024. Polyamide 6 (PA 6) also known as Nylon 6 or polycaprolactam is one of the most extensively used polyamides globally. It is synthesised by ring-opening polymerization of caprolactam. The India Polyamide market has reached around 205 thousand tonnes in FY2023 and is expected to further grow at a CAGR of 4.6% during the forecast period until FY2034. Indian PA6 Prices, PA6 Prices In India, Indian Prices PA6, Indianpetrochem.
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LDPE prices down in Chennai market
A cut in LDPE (16MA400) prices within the Chennai domestic petrochemical market was recorded today, indicating a shift in market trends. On November 18, 2024, the commodity's price dropped from Rs.135/Kg to Rs.134/Kg, marking a Re.1/Kg decrease. This decline underscores a fluctuation in market conditions within the petrochemical sector. LDPE (Low-Density Polyethylene) with the grade 16MA400 is a specific grade of LDPE, generally used in various applications like film extrusion, blow moulding, and as a component in packaging materials.Key domestic producers are: 1. Reliance Industries Limited (RIL), 2. Indian Oil Corporation Limited (IOCL), 3. BASF India, 4. GAIL India5. Haldia Petrochemicals and Key Global Producers of LDPE (Including Grades like 16MA400): 1. ExxonMobil Chemicals, 2. Chevron Phillips Chemical, 3. LyondellBasell, 4. LG Chem and 5. INEOS, Indian LDPE Prices, LDPE Prices in india, Indian Prices LDPE, Indianpetrochem.
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PU prices increase in Mumbai
The increased rate of Polyurethane (PU), grade IM has hit the Mumbai polymer market today, the price of the commodity has increased to Rs 217/kg on November 07, 2024 from Rs 215/kg on November 06, 2024 as per the reports from Indian Petrochem analysts. PU stands for polyurethane, a polymer made up of organic units linked by urethane links. It's a thermoplastic polymer with good mechanical and elastomeric properties. Indian PU Prices, PU Prices In India, Indian Prices PU, indoanpetrochem.
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Ahmedabad sees rise in PA66 prices
The Ahmedabad market experienced a notable shift in the prices of Polyamide PA66 (PA66), grade IM, according to sources from Indian Petrochem. The price has shifted to Rs 219/kg on October 21, 2024 from Rs 215/kg on October 19, 2021. Polyamide PA66 has good rigidity, hardness, abrasion resistance and thermal dimensional stability. In addition, PA66 has outstanding wear resistance and low frictional properties. It also has very good temperature, chemical, and impact properties. Indian PA66 Prices, PA66 Prices In India, Indian Prices PA66, Indianpetrpchem.
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LLDPE (71601) prices marginally low in Bangalore
Indian Petrochem analysts have reported a cut in LLDPE (71601) prices in Banglore. As of October 18, 2024, LLDPE (71601) prices have dropped by Re.1/kg, decreasing from Rs.98/kg quoted on October 17, 2024, to Rs.97/kg. This price adjustment is seen as a response to market corrections, likely influenced by fluctuating demand patterns and adjustments in supply chain logistics. LLDPE (71601), widely used in the extraction of industrial solvents, plays a critical role in multiple downstream industries, including pharmaceuticals and petrochemicals. Indian LLDPE Prices, LLDPE PRices In Indian, Indian Prices LLDPE, Indianpetrochem.
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LDPE (16MA400) prices gain in Ahmedabad
The Ahmedabad market has seen a small increase in LDPE (16MA400) prices today. The cost of the material increased from Rs.133/kg to Rs.134/kg on December 3, 2024, marking an increase of Re.1/kg. This price hike is driven by a combination of tight supply conditions and rising demand from downstream industries, particularly in the production of petrochemicals and solvents. India has several major petrochemical companies involved in LDPE production, including: 1. Reliance Industries Limited (RIL), 2. GAIL (India) Limited, 3. Haldia Petrochemicals Limited (HPL), 4. Indian Oil Corporation Limited (IOCL).Key Global Producers: 1. Dow Inc. (USA), 2. ExxonMobil Chemical (USA), 3. SABIC (Saudi Arabia), 4. LyondellBasell (Netherlands/USA) and 5. INEOS (UK/Switzerland). Indian LDPE Prices, LDPE Prices In India, Indian Prices LDPE, Indianpetrpchem.
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LDPE prices dip in Chennai
Indian Petrochem analysts have reported a cut in LDPE (1070LA17) prices in the petrochemical market of Chennai. The price adjustment of LDPE (1070LA17) in the domestic market of Chennai indicates a slight downward trend. As reported by Indian Petrochem analysts, on November 7, 2024, LDPE (1070LA17) prices were at Rs.138/kg, and as of today, it has been reduced by RRe.1/kg, bringing it down to Rs.137/kg. Indian LDPE Prices, LDPE Prices In India, Indian Prices LDPE, Indianpetrpchem.
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