HDPE (F5400) prices high in Kanpur market (Business Opportunities - Advertising Service)

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HDPE (F5400) prices high in Kanpur market


The price of HDPE, grade (F5400), in the Kanpur domestic petrochemical market was high today. On May 16, 2025, the cost of the material increased by Re.1/Kg, moving down from Rs.100/Kg to Rs.101/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, HDPE Prices in India, Indian HDPE Prices, Indian Prices HDPE, Indianpetrochem.

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Target State: All States
Target City : Delhi, Ahamdabad and Mumbai
Last Update : May 16, 2025 3:57 AM
Number of Views: 22
Item  Owner  : indianpetrochem
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2025-06-01 (0.681 sec)