Acrylamide Prices In India | |
The Acrylamide market faced a decline due to reduced consumer demand, particularly in water treatment. In Germany, the prices dropped by USD 37/MT compared to reaching USD 1203/MT. Manufacturing costs increased due to rising prices of feedstock Acrylonitrile and upstream Propylene. Production disruptions and supply shortages in European propylene markets further added to production costs, impacting the profitability of Acrylamide manufacturers. Despite signs of improvement in Germany's manufacturing sector, weak demand persisted. Delays in essential Asian imports to Europe also affected the chemicals sector, highlighting its dependence on the Asian market. However, the German Acrylamide market is expected to stabilize in the coming weeks, with fluctuations in raw material prices potentially easing positive market sentiments driven by domestic consumption and growth in overseas orders. India currently lacks any domestic manufacturing of Acrylamide products, necessitating its importation from international sources. The current price in Mumbai stands at Rs 125 per kilogram. | |
Target State: All States Target City : All Cities Last Update : 25 February 2024 1:22 PM Number of Views: 92 | Item Owner : indianpetrochem Contact Email: (None) Contact Phone: (None) |
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