Delhi’s PET-Washed Flakes market sees price hike (Business Opportunities - Marketing & Sales)
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Delhi’s PET-Washed Flakes market sees price hike | |
The PET-washed flakes market in Delhi experienced a price hike today, with Grade 1-30 ppm (Clear) seeing an upward adjustment Prices for this grade rose by Re. 1/kg, reaching Rs. 79/kg, up from the previous level of Rs. 78/kg. The increase reflects firm demand and tightening supply conditions in the recycled PET market. PET-washed flakes are primarily produced by recycling units across key Indian regions such as Delhi, Maharashtra, Gujarat, and Tamil Nadu. Leading domestic producers include Ganesha Ecosphere Ltd., Reliance Industries Ltd. (RIL), Petro Recycling, and Jai Mata Di Enterprises, among others. Globally, companies like Indorama Ventures, Veolia, and Suez Recycling play a significant role in supplying high-quality recycled PET flakes to various markets.The primary demand for PET-washed flakes stems from their versatility across industries. In the textile sector, these flakes are converted into polyester staple fiber (PSF) and filament yarn, which are then used for producing garments, home furnishings, and industrial fabrics. In the packaging industry, recycled PET is utilized to manufacture containers, bottles, and food-grade sheets, contributing to sustainability efforts. Other applications include automotive interiors, insulation materials in construction, PET straps, and industrial films, highlighting the importance of PET recycling in diverse industrial processes.The recent price hike can be attributed to a combination of factors, including increasing demand from the textile and packaging sectors, higher operational costs in recycling processes, and tightening availability of raw materials like post-consumer PET bottles. With India’s recycling industry expanding rapidly and manufacturers prioritizing eco-friendly materials, the PET-washed flakes market is expected to witness steady growth. Indian PET Prices, PET Prices In India, Indian Prices PET, Indianpetrochem. #IndianpricesPET #PETpricesinindia #IndianPETprices #Indianpetrochem. | |
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| Target State: All States Target City : All Cities Last Update : 17 December 2024 10:45 PM Number of Views: 18 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-01-05 (0.658 sec)