Low Perchloroethylene prices hit Mumbai market (Business Opportunities - Advertising Service)
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Low Perchloroethylene prices hit Mumbai market | |
Perchloroethylene prices were sharply down in the Mumbai market today. The Mumbai market perchloroethylene has experienced a sharp and unexpected downturn, as prices plunged by Rs.5/kg, falling from Rs.86/kg on July 31, 2025 to Rs.81/kg on August 7, 2025. This sudden drop has raised concerns across key user industries such as dry cleaning, metal degreasing, and precision manufacturing, where perchloroethylene is an essential solvent. This decline follows a period of relative price stability over recent months, making the abrupt shift all the more impactful for chemical traders and downstream sectors. Industry stakeholders are now closely monitoring supply chain dynamics and international price cues for further market direction. Market Drivers & Trends: While the recent price drop may alarm some buyers, analysts at Indian petrochem note that the broader global market for perchloroethylene continues to expand, with a compound annual growth rate (CAGR) of around 2.3% in recent years. This growth is attributed largely to the chemical’s indispensable role in industrial degreasing, textile processing, and automotive maintenance. However, temporary disruptions—including fluctuating raw material prices and shifts in regional demand—have likely contributed to the current price volatility in Mumbai. Industry Outlook: According to market experts consulted by Indian Petrochem, the current decline is expected to be short-term. “The price dip is largely speculative, with downstream buyers exercising caution,” said a senior trader in Mumbai’s chemical market. “We anticipate a price correction or stabilization over the next quarter as supply chains recalibrate and end-user demand returns, Perchloroethylene Prices in India, Indian Prices Perchloroethylene, Indian Perchloroethylene Prices, IndianPetrochem. #PerchloroethylenePricesinIndia #IndianPricesPerchloroethylene #IndianPetrochem #IndianPerchloroethylenePrices | |
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| Target State: All States Target City : Delhi Last Update : 07 August 2025 8:32 PM Number of Views: 19 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-08-12 (0.520 sec)