Natural latex H.M.L price Fall in Delhi market | |
Prices of Natural Latex Grade H.M.L witnessed a decline in the Delhi wholesale market today. On Thursday, the product was trading at Rs.115 per kg, which dropped to Rs.112 per kg on Thursday, May 15. This marks a Rs.3 decrease in a single day, continuing a trend of softening prices observed over the past week. Natural Latex Grade H.M.L is a key industrial raw material used extensively in the manufacturing of foam, mattresses, medical gloves, adhesives, and various automobile components. It finds consistent demand from sectors such as furniture, healthcare, and footwear. However, traders report a slowdown in foam and mattress production recently, which has led to a dip in demand for latex. According to market analysts, fluctuations in global prices of rubber and latex-based products are also influencing domestic trends. While supply remains steady, a slight oversupply against current demand has created downward pressure on prices. Looking ahead, experts believe the current softness in prices may be temporary. Any disruption in production due to an irregular monsoon or supply-side constraints could push prices upward in the coming weeks. For now, the market remains cautious but anticipates a possible recovery depending on industrial demand and climatic conditions, Natural latex prices in india, Indian Natural latex Prices, Indian Prices Natural latex, Indianpetrochem. | |
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Target State: All States Target City : All Cities Last Update : May 15, 2025 7:10 AM Number of Views: 19 | Item Owner : rubberfuber Contact Email: Contact Phone: (None) |
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