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PA6 Price down in Delhi Market | |
The plastic and polymer market in Delhi witnessed notable price fluctuations today. The price of PA6 Grade E35, produced by Gujarat State Fertilizers & Chemicals Limited (GSFC), has declined. On May 12, the rate stood at Rs.187 per kilogram, which has now dropped to Rs.185 per kilogram on May 13 — a decrease of Rs.2. Impact of Domestic and International Producers Market analysts attribute this price correction not only to domestic market dynamics but also to international trends. In India, apart from GSFC, other key producers such as Reliance Industries, Bhansali Engineering Polymers, and SRF Limited continue to maintain a steady supply position. However, no major price revisions have been announced by these players yet, making GSFC’s rate cut significant for the market. On the global front, leading international producers such as BASF (Germany), Lanxess (Germany), DOMO Chemicals (Belgium), and Toray Industries (Japan) have also reported softening prices of raw materials, especially Caprolactam, which directly influences PA6 prices worldwide. This international price pressure is reflecting in the Indian markets as well. Stable Demand, Improved Supply According to traders, the current market demand remains sluggish, with fewer fresh orders being placed by buyers. On the other hand, supply chains have improved, leading to sufficient stock availability. Experts warn that if demand does not pick up soon, further price corrections are likely. Market Outlook and Advisory AIS analysis suggests that this price dip might be temporary. With industrial activities expected to ramp up during the upcoming monsoon season in June, market stabilization could follow. However, the impact of this price drop is expected to be felt across other major North Indian markets, including Ludhiana, Jaipur, and Kanpur. Traders are advised to closely monitor market movements in the coming weeks and plan their purchasing strategies cautiously, PA6 Prices in India, Indian Prices PA6, Indian PA6 Prices, Indianpetrochem. | |
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| Target State: All States Target City : Delhi, Ahamdabad and Mumbai Last Update : May 13, 2025 6:55 AM Number of Views: 5 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-05-13 (0.580 sec)