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Isophthalic Acid Prices Drop Again in Delhi Market Amid Weak Demand | |
Isophthalic acid prices witnessed another dip in the Delhi market today, marking a continued bearish trend driven by sluggish demand. Market participants confirmed that buying interest from downstream industries remains subdued, which has created an oversupply situation and compelled traders to revise prices downward. As per current updates, the price of isophthalic acid in the Delhi market dropped by Rs.2/kg from Rs.99/kg to Rs.97/kg today. This decline comes on the back of persistent pressure in the market, where both local distributors and end-users are refraining from aggressive purchases. Additionally, ample availability of material has added to the pricing strain, leaving little room for upward correction in the short term. Looking at recent market behavior, this downward trend is consistent with the broader pattern seen over the last few weeks. Despite some expectations of seasonal recovery in demand, actual offtake has remained below average. Unless there is a significant pickup in demand from sectors like PET resin and coatings, the price movement is likely to remain under pressure in the near term, Isophthalic Acid Prices in India, Indian Isophthalic Acid Prices, Indian Prices Isophthalic Acid, Indianpetrochem. #IsophthalicAcidPricesinIndia #IndianIsophthalicAcidPrices #IndianPricesIsophthalicAcid #Indianpetrochem | |
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| Target State: All States Target City : Delhi Last Update : Jun 21, 2025 11:18 AM Number of Views: 5 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-06-21 (0.574 sec)