CIIR Grade 1240 Price Sees Modest Increase in Mumbai Market (Business Opportunities - Advertising Service)
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CIIR Grade 1240 Price Sees Modest Increase in Mumbai Market | |
Mumbai, July 21, 2025 – The price of Chlorinated Isobutylene Isoprene Rubber (CIIR) Grade 1240 has shown a modest upward movement in the Mumbai market. As per market sources, the current price of CIIR Grade 1240 stands at ₹215 per kg, compared to its previous rate of ₹212 per kg. This ₹3 per kg increase, though marginal, reflects underlying shifts in raw material costs and supply-demand dynamics. CIIR, commonly known as chlorobutyl rubber, is widely used in industries such as pharmaceutical closures, automotive inner tubes, and heat-resistant rubber goods. The Grade 1240 variant is particularly known for its enhanced air impermeability, resistance to ozone and weathering, and its suitability for applications requiring excellent chemical stability. Market analysts attribute the recent price increase to a slight tightening in supply, coupled with steady demand from downstream sectors. With crude oil prices witnessing fluctuations globally, the feedstock for isobutylene and chlorine derivatives has seen moderate cost pressures, impacting overall rubber production economics. Industry insiders also point out that the monsoon season in India may be affecting logistics and transportation efficiency, further contributing to short-term pricing variations. However, buyers and manufacturers are closely monitoring international supply trends and raw material inputs, which could continue to influence CIIR prices in the coming weeks. For now, the ₹215/kg pricing in Mumbai reflects a stable yet slightly firming market tone. Stakeholders are advised to keep a close watch on global feedstock movements and local inventory levels to anticipate further price directions, CIIR Prices in India, Indian CIIR Prices, Indian Prices CIIR, IndianPetrochem. #CIIRpricesinIndia #IndianCIIRprices #IndianPricesCIIR #IndianPetrochem | |
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| Target State: All States Target City : Delhi Last Update : 21 July 2025 5:43 PM Number of Views: 9 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-07-31 (0.441 sec)