PBR Rubber 1220 prices up as demand strengthens (Business Opportunities - Marketing & Sales)

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Item ID 2949615 in Category: Business Opportunities - Marketing & Sales

PBR Rubber 1220 prices up as demand strengthens


Recently, PBR Rubber 1220, produced by Reliance Rubber Industries Limited, has experienced notable price fluctuations. Over the past month, the commodity has seen significant price swings, with periods of escalation. Currently, there is a slight uptick in the price, particularly in the Delhi market, where the cost has increased by Rs. 2/kg, rising from Rs. 184/kg to Rs. 186/kg.The underlying factors influencing these fluctuations are multifaceted. Firstly, it's crucial to understand the composition of PBR 1220, which primarily consists of 1,3 butadiene as its raw material. This compound lends itself to a variety of industrial applications, with the lion's share of usage—approximately 70%—attributed to tire production. The tire industry, as a cornerstone consumer of PBR rubber, serves as a significant determinant of its market performance. Indian PBR Prices, PBR Prices In India, Indian Prices PBR, Indianpetrochem.
#IndianPBRPrices #PBRPricesInIndia #Indianpetrochem

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Last Update : 25 July 2024 9:12 PM
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Item  Owner  : indianpetrochem
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