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Isophthalic Acid Prices Decline Slightly in Delhi Market | |
Isophthalic acid prices have recorded a modest decline of Rs.2/kg in the Delhi market today. The current price movement is part of a recurring pattern of minor fluctuations, driven by a balanced supply-demand scenario in the domestic market. Traders report that there is no significant shortage or oversupply, and price changes are largely influenced by routine buying behavior and logistical adjustments. Last six month market trend: Looking back over the last six months, the price of isophthalic acid has followed a mixed trend. On November 19, 2024, the price stood at Rs.110/kg, rising to Rs.118/kg by mid-December. However, the market witnessed a sharp correction shortly thereafter, with prices dropping to Rs.101/kg by January 15, 2025 one of the steepest declines during the period. Since then, rates have remained relatively stable, with minor upward and downward adjustments, reflecting a consistent balance in supply and demand fundamentals.Today prices have moved by 2/kg from Rs.104/kg to Rs.102/kg. Industry Impact and Market Outlook: Isophthalic acid is primarily used in the production of unsaturated polyester resins, PET copolymers, and performance coatings. As these downstream sectors have maintained steady operating rates, overall demand has remained consistent. Market sources suggest that manufacturers are procuring material on a need-based basis, avoiding overstocking in a stable price environment. In the near term, the market is expected to continue this pattern of marginal fluctuations unless disrupted by changes in raw material costs or shifts in downstream production. Traders anticipate a stable pricing outlook unless any unexpected demand surge or supply constraint emerges, Isophthalic Acid Prices In India, Indianpetrochem, Indian Isophthalic Acid Prices. #IsophthalicAcidpricesinindia #Indianpetrochem #IndianIsophthalicAcidprices | |
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| Target State: All States Target City : Delhi, Ahamdabad and Mumbai Last Update : 08 May 2025 8:34 PM Number of Views: 20 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-05-09 (0.653 sec)