LLDPE (E24065) prices move down in Bangalore market (Business Opportunities - Marketing & Sales)

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LLDPE (E24065) prices move down in Bangalore market


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The Bangalore market has witnessed a downturn in LLDPE (E24065) prices today, marking a notable shift in pricing trends. This decrease comes despite a combination of steady supply conditions and increasing demand from downstream industries, particularly in petrochemical production. As of January 3, 2024, prices in the Bangalore market dropped to Rs.107/kg, reflecting a Re.1/kg decline from the previous rate of Rs.108/kg. In India, major producers of LLDPE (E24065) include Reliance Industries Limited (RIL), GAIL India Limited, and Indian Oil Corporation Limited (IOCL). These companies are key players in meeting the domestic and export demands for this versatile polymer. Globally, leading producers are ExxonMobil Chemical from the United States, SABIC from Saudi Arabia, LyondellBasell Industries with operations in the USA and the Netherlands, and Borealis AG based in Austria. These international giants dominate the market with advanced production capacities and extensive distribution networks. LLDPE, or Linear Low-Density Polyethylene, is widely used across multiple industries due to its flexibility, impact resistance, and chemical durability. In the packaging industry, it is commonly employed in making stretch films, shrink films, and flexible packaging materials. The agricultural sector utilizes LLDPE for greenhouse films and irrigation pipes. It is also extensively used in the construction industry for waterproofing membranes and protective covers. Indian LLDPE Prices, LLDPE Prices In India, Indian Prices LLDPE, Indianpetrochem.
#IndianpricesLLDPE #LLDPEpricesinindia #IndianLLDPEprices #Indianpetrochem.

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Last Update : 03 January 2025 9:14 PM
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Item  Owner  : indianpetrochem
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