Cut in Ludhiana’s HDPE prices | |
Free Online Advertising Free Internet Web Site Advertising. UK Free Classifieds United Kingdom Free Ads Website. 100% Free Ad Posting. Canada Free Ads Popular Online Classifieds in Canada. No Sign up, No Email Required to Post. High-density polyethylene (HDPE) prices in Ludhiana saw a cut today On November 27, 2024, the commodity's price dropped from Rs.99/Kg to Rs.98/Kg, marking a Re.1/Kg decrease. HDPE, a versatile polymer used in the production of pipes, packaging, containers, and industrial components, is a staple for industries in India and beyond. Domestic producers such as Reliance Industries, GAIL India, and Haldia Petrochemicals are facing stiff competition as global suppliers flood the market. The price drop is being attributed to sluggish global demand, oversupply from key international players like SABIC, ExxonMobil, and INEOS, and a recalibration in shipping costs that are making imports more competitive.The global high-density polyethylene (HDPE) market, which includes various grades such as B56003, is projected to grow at a compound annual growth rate (CAGR) of approximately 4.21% to 6.1% during the forecast period from 2023 to 2031. This growth is fueled by increasing demand across industries such as packaging, construction, and automotive. Applications like blow molding, injection molding, and the production of pipes and films are driving HDPE demand worldwide. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem. #Indianpetrochem #HDPEpricesInIndia #IndianHDPEprices #IndianpricesHDPE. | |
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Target State: All States Target City : All Cities Last Update : 28 November 2024 10:32 PM Number of Views: 30 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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