PU price decrease in Delhi market (Business Opportunities - Advertising Service)
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PU price decrease in Delhi market | |
Delhi, May 21, 2025 — The price of PU (Polyurethane) grade material, a crucial input in the production of flexible foams, footwear soles, automotive components, and thermal insulation, witnessed a moderate dip in the Delhi market. On May 20, the imported PU grade was priced at ₹218 per kg, which declined to ₹215 per kg on May 21 — reflecting a ₹3 per kg drop within a single day. Market insiders attribute this decline to a combination of global and domestic factors. International supply chains have shown signs of normalization in recent weeks, while raw materials like MDI (Methylene Diphenyl Diisocyanate) and TDI (Toluene Diisocyanate) — both crude oil derivatives — have maintained price stability. Additionally, demand from downstream sectors such as furniture, footwear, and packaging has been somewhat tepid, contributing to a softer pricing environment. Global leaders in polyurethane production include Covestro (Germany), BASF (Germany), Dow Chemicals (USA), and Huntsman Corporation (USA) — all of which export to the Indian market. These companies are recognized for supplying high-spec PU used in demanding industrial and consumer applications. With reduced shipping congestion and lower freight charges, Indian importers are now seeing slight downward adjustments in landed prices. On the domestic front, Manali Petrochemicals Ltd. remains India’s only integrated polyol manufacturer and a major supplier of polyurethane raw materials. Other key players like GNFC (Gujarat Narmada Valley Fertilizers & Chemicals) and Hindustan Organic Chemicals Ltd. also contribute to the local supply of MDI and related inputs, although high-grade PU for specialized applications still relies heavily on imports. Local distributors in Delhi view the current price dip as temporary. One trader remarked, “The ₹3/kg reduction is certainly welcome for processors, but with the seasonal demand for footwear and furnishings expected to rise in June, prices may rebound.” At the same time, some market watchers caution that unless there is a clear uptick in consumption, prices could remain under pressure. For now, the Delhi polyurethane market is in a watchful state. Stakeholders are closely observing how upcoming demand patterns and international pricing trends will shape the trajectory for PU in the weeks ahead, PU Prices in India, Indian PU Prices, Indian Prices PU, Indianpetrochem. #PUpricesinIndia #IndianPUprices #IndianpricesPU #Indianpetrochem | |
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| Target State: All States Target City : delhi Last Update : May 21, 2025 10:09 AM Number of Views: 21 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-06-01 (0.653 sec)