LLDPE (71601) prices: A downward trend in Ahmedabad (Business Opportunities - Marketing & Sales)

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LLDPE (71601) prices: A downward trend in Ahmedabad


A decline in LLDPE ( 71601) prices within the Ahmedabad domestic petrochemical market was recorded today, indicating a shift in market trends. On November 25, 2024, the commodity's price dropped from Rs.98/Kg to Rs.97/Kg, marking a Re.1/Kg decrease. Variations in the cost of ethylene, the primary feedstock for LLDPE, have influenced production costs. Recent reports indicate that ethylene prices have remained flat in Asia, contributing to the stabilization or reduction of LLDPE prices. In India, LLDPE is produced by several major petrochemical companies, including1. Reliance Industries Limited, 2. Indian Oil Corporation Limited (IOCL), 3. BASF India, 4. Haldia Petrochemicals and 5. ONGC Petro additions Ltd (OPaL). Key Global Producers of LLDPE:1. Chevron Phillips Chemical, 2. LyondellBasell, 3. Braskem. Global LLDPE Market CAGR: The global LLDPE market is expected to grow at a compound annual growth rate (CAGR) of approximately 4% to 6% over the next 5–7 years. This estimate reflects the demand for LLDPE in various applications such as packaging, agriculture, and consumer goods. Indian LLDPE Prices, LLDPE Prices In India, Indian Prices LLDPE, Indianpetrochem.
#IndianLLDPEprices #LLDPEpricesinindia #IndianpricesLLDPE #Indianpetrochem.

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Last Update : 26 November 2024 9:25 PM
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Item  Owner  : indianpetrochem
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2024-12-04 (0.430 sec)