ABS Grade 920 Prices down in Delhi Market | |
A slight dip in the price of ABS Grade 920 has caught the attention of players in the plastic industry. Supplied by Shivalik India Ltd. (SIL), the price of this grade dropped from Rs.157/kg on April 19 to Rs.156/kg on April 21 in the Delhi market—a Rs.1/kg decrease. While the change may seem minor on the surface, it reflects deeper market dynamics. Dealers report that supply chains have recently stabilized, and some bulk buyers have paused their bookings for the upcoming month, leading to softened short-term demand. Additionally, cooling global prices of crude oil and styrene have contributed to easing the input costs for ABS resin production. This small drop has introduced a cautious sentiment in the market. Some traders are now holding back on fresh purchases, anticipating a possible further correction in prices. The key question now is whether this is just a short-term pause or the beginning of a longer downtrend in ABS pricing. All eyes will be on the coming weeks to see how demand and raw material costs evolve. Leading Producers of ABS Grade 920: In India, ABS Grade 920 and related grades are primarily produced by: Shivalik India Ltd. (SIL), Bhansali Engineering Polymers Ltd. (BEPL), INEOS Styrolution India On the international stage, some of the major producers include: LG Chem (South Korea) Chi Mei Corporation (Taiwan), Indian Prices ABS, Indian ABS Prices, Indianpetrochem, Indian Prices ABS, Indian ABS Price, ABS Prices In India. #IndianpricesABS #IndianABSpices #Indianpetrochem #IndianpricesABS #IndianABSprice #ABSpricesinindia | |
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Target State: All States Target City : Delhi, Ahamdabad and Mumbai Last Update : Apr 21, 2025 5:59 AM Number of Views: 34 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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