Mumbai polymer market sees price surge in ABS HI121H (Business Opportunities - Marketing & Sales)

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Mumbai polymer market sees price surge in ABS HI121H


The Mumbai polymer market witnessed notable fluctuations today in the prices of Acrylonitrile Butadiene Styrene (ABS), grade HI121H. According to reports from Indian Petrochem analysts, the prices surged by Rs 2/kg, reaching Rs 155/kg, up from Rs 153/kg on March 03, 2025 driven by increased demand and supply constraints.This price hike is attributed to increased demand in the automotive and electronics sectors, coupled with a slight shortage in supply. Industry experts predict that if the current market conditions persist, further price adjustments can be expected in the coming weeks. The ABS market is poised for growth, supported by its versatile applications in various industries and advancements in sustainable production technologies. However, manufacturers must navigate challenges related to raw material volatility and regulatory pressures to capitalize on the market opportunities. With a CAGR of approximately 6.57% over the past four years, the outlook remains positive, driven by increasing demand from key sectors and regional markets, ABS Prices In India, Indian ABS Prices, Indian Prices ABS, Indian ABS Price, Indian Price ABS, Indianpetrochem.
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Target State: All States
Target City : Abrode
Last Update : 03 March 2025 9:12 PM
Number of Views: 18
Item  Owner  : indianpetrochem
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