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ABS Grade 920 sees hike in Delhi market | |
In the Delhi plastic market, the price of ABS Grade 920 (produced by SIL) witnessed a Rs.1/kg increase today On May 1, 2025, the rate stood at Rs.157/kg, which has now risen to Rs.158/kg as of May 1, 2025. Market sources suggest that the increase is primarily due to steady demand and limited supply. Additionally, a slight rise in raw material costs and transportation expenses has contributed to the price hike. Demand for ABS grade remains strong in Delhi and other parts of North India, particularly from the automobile and electronics sectors. In the Indian market, major ABS producers include Supreme Industries Ltd. (SIL), LG Polymers India, and Bhansali Engineering Polymers Ltd (BEPL). On the international front, key suppliers such as LG Chem (South Korea), Chi Mei Corporation (Taiwan), INEOS Styrolution (Germany), and Trinseo (USA) influence global pricing trends. Any fluctuation in import pricing or shipping delays from these global players can also impact local rates. Traders believe that if the supply situation doesn’t improve soon, prices may rise further in the coming days. However, some major distributors feel that this increase might be temporary, and the market could stabilize by next week, depending on inventory levels and fresh imports, Indian ABS Prices, Indian Prices ABS, Indianpetrochem, ABS Prices In India, Indian ABS Price, Indian price ABS, ABS Price In India. #IndianABSprices #IndianpricesABS #Indianpetrochem #ABSpricesinindia #IndianABSprice #IndianpriceABS #ABSpriceinindia | |
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| Target State: All States Target City : Delhi, Ahamdabad and Mumbai Last Update : 01 May 2025 6:09 PM Number of Views: 9 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-05-02 (0.697 sec)