#Indianpetrpchem.
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indianpetrochem6 3 months ago
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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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indianpetrochem6 3 months ago
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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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indianpetrochem6 4 months ago
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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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indianpetrochem6 4 months ago
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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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indianpetrochem6 5 months ago
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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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indianpetrochem6 12 days ago
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HDPE (F5400) prices down in Ahmedabad market
The price of High-Density Polyethylene (HDPE), grade (F5400), in the Ahmedabad domestic petrochemical market witnessed a cut today. On February 19, 2025, the cost of the material decreased by Re. 1/Kg, moving from Rs. 99/Kg to Rs. 98/Kg. This downward 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 Prices HDPE, Indian HDPE Prices, Indianpetrpchem, Indian Price HDPE, Indian HDPE Price, HDPE Prices In India.
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indianpetrochem6 17 days ago
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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鈥檚 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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indianpetrochem6 17 days ago
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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鈥檚 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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indianpetrochem6 3 months ago
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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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indianpetrochem6 4 months ago
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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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