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Isophthalic Acid prices rise in Mumbai amid material shortage | |
Isophthalic Acid (IPA) prices in Mumbai have been on the rise, influenced by a combination of material shortages and increased production costs. As per market sources, the price has increased by Rs.2/kg, moving from Rs.101/kg to Rs.103/kg. Traders attribute this hike to a temporary shortage of material in the market, although buyer interest and booking activity remain steady. Last six months market trend: Looking at the six-month trend, prices were recorded at Rs.115/kg in the last week of October 2024, before dropping to Rs.108/kg by the second week of November. However, the market soon rebounded, and by 26th November, prices had recovered to Rs.114/kg. A downward movement followed in late December, with prices dipping to Rs.100/kg by the first week of January 2025. Since then, the Isophthalic Acid market has shown limited fluctuations. Today’s increase comes as the first notable change in several days, driven largely by supply-side constraints rather than a surge in demand, 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, Ahamdabad and Mumbai Last Update : 26 April 2025 4:36 PM Number of Views: 15 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-04-27 (0.652 sec)