Isophthalic Acid Prices in India | |
Isophthalic Acid (make: LG Chem Korea) prices declined sharply in the Mumbai market today, as demand from the buyer side remained subdued. After speaking with local traders, it was confirmed that market sentiment has turned bearish due to a noticeable slowdown in order booking. Buyers are refraining from bulk purchases, leading to a downward revision in prices. Today, the price dropped by Rs.5/kg, falling from Rs.100/kg to Rs.95/kg. Traders indicated that several downstream industries, particularly those involved in resin, coatings, and PET production, are showing limited interest in procurement. As a result, sellers were compelled to lower their offers to stimulate buying and maintain sales flow. The weak demand trend has persisted for some time, and with no immediate signs of improvement, the market is facing consistent price pressure. Despite adequate material availability, the lack of active buying has created a supply-demand imbalance, contributing to today's sharp price drop. Looking ahead, traders expect the market to remain under pressure unless there is a significant revival in demand. If buyer sentiment does not improve, prices may continue to stay soft in the short term. However, any pickup in industrial offtake or restocking activity could help stabilize the market in the coming weeks, Isophthalic Acid Prices in India, Indian Isophthalic Acid Prices, Indian Prices Isophthalic Acid, IndianPetrochem. #IsophthalicAcidPricesinIndia #IndianIsophthalicAcidPrices #IndianPricesIsophthalicAcid #IndianPetrochem | |
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Target State: All States Target City : Delhi Last Update : 06 August 2025 8:31 PM Number of Views: 13 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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