Abs price Spike as supply dips (Business Opportunities - Advertising Service)
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Item ID 133535606 in Category: Business Opportunities - Advertising Service
Abs price Spike as supply dips | |
Mumbai, May 20, 2025 — The price of ABS grade ABSOLAC 300, produced by Ineos Styrolution, increased by Rs.2 per kilogram in the Mumbai market. The price moved up from Rs.155/kg on May 19 to Rs.157/kg on May 20, reflecting a modest upward trend amid steady demand. ABSOLAC 300 is a widely used acrylonitrile butadiene styrene (ABS) grade known for its excellent impact resistance, surface finish, and balanced mechanical properties. It finds extensive application in automotive components, consumer electronics, and household appliances, making it a preferred choice for manufacturers aiming for both strength and aesthetics. Market participants attribute the price increase to growing demand from downstream industries coupled with slightly higher raw material costs. Mumbai, being a key distribution hub for polymers in western India, often reflects broader market trends. The recent price adjustment signals cautious optimism among producers and traders. Buyers and processors are advised to stay updated on market developments as prices may fluctuate due to supply chain dynamics and raw material availability. Major Producers of ABS Grade ABSOLAC 300 Indian Producers: Ineos Styrolution India Pvt. Ltd. — The primary producer of ABSOLAC grades in India, supplying a wide range of ABS products. Reliance Industries Limited — Produces ABS grades for automotive and consumer applications. Tata Chemicals — Manufacturer and supplier of specialty polymers including ABS grades. International Producers: Ineos Styrolution (Global) — A leading global producer of ABS resins and related products. SABIC (Saudi Arabia) — A major producer of ABS with a global footprint. LG Chem (South Korea) — Known for a wide range of ABS and engineering plastics. Chi Mei Corporation (Taiwan) — One of the world’s largest ABS manufacturers with a diversified product portfolio, ABS Prices in India, Indian ABS Prices, Indian Prices ABS, Indianpetrochem. | |
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| Target State: All States Target City : All Cities Last Update : May 20, 2025 6:30 AM Number of Views: 23 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-06-01 (0.488 sec)