HDPE (F5400) prices marginally low in Chennai market (Business Opportunities - Marketing & Sales)
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Item ID 3127620 in Category: Business Opportunities - Marketing & Sales
HDPE (F5400) prices marginally low in Chennai market | |
The price of HDPE, grade (F5400), in the Chennai domestic petrochemical market was higher today. On March 26, 2025, the cost of the material decreased by Re.1/Kg, moving from Rs.98/Kg to Rs.97/Kg. This downward adjustment signals a potential shift in market sentiment, attributed to a mix of domestic production trends, global market influences, and fluctuating demand patterns. Indian producers, including Reliance Industries Ltd., Indian Oil Corporation, and Haldia Petrochemicals, have reported adequate supply levels, aligning with stable production output. However, the softening of prices suggests possible inventory pressure amidst moderate downstream demand. The domestic market for HDPE is influenced by its extensive application across industries. The packaging, construction, and automotive sectors drive the bulk of HDPE demand. Current price shifts may incentivize cost-sensitive buyers, particularly in small-scale operations. Globally, HDPE prices are experiencing a mixed trend, with a CAGR (Compound Annual Growth Rate) for the polymer market projected at approximately 4% over 2024-2029. Emerging economies are showing resilience in HDPE consumption, Indian HDPE Price, Indian Price HDPE, Indian Prices HDPE, Indian HDPE Prices, HDPE Prices In India, Indianpetrochem, HDPE Price In India. #IndianHDPEprice #IndianpriceHDPE #IndianpricesHDPE #IndianHDPEprices #HDPEpricesinindia #Indianpetrochem #HDPEpriceinindia. | |
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| Target State: All States Target City : Delhi, Ahamdabad and Mumbai Last Update : 26 March 2025 9:17 PM Number of Views: 46 | Item Owner : indianpetrochem Contact Email: Send email to item owner Contact Phone: (None) |
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2025-04-03 (0.386 sec)