DIBP rates rise in Mumbai as demand strengthens (Business Opportunities - Advertising Service)

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DIBP rates rise in Mumbai as demand strengthens


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In the Mumbai domestic market, prices for DIBP (Diisobutyl Phthalate) were higher today, according to Indian Petrochem analysts. A strong demand for the material has led to an upward price movement and is expected to continue with further escalations soon. On May 23, 2025, domestic prices for DIBP in Mumbai increased by Rs. 2/kg at the basic level, establishing a new introductory rate of Rs. 115/kg. This price rise is reflective of the ongoing difficulties posed by limitations in DIBP supply, highlighting the complex dynamics at play in the market. Diisobutyl Phthalate (DIBP), a phthalate plasticizer, is widely used to enhance flexibility in plastics and polymers, as well as in paints, adhesives, and coatings. The market for DIBP is influenced by the demand from the plastics and polymers industries, although phthalate plasticizers are subject to increasing regulatory scrutiny in several regions due to health and environmental concerns. Major producers of Diisobutyl Phthalate (DIBP) in India include KLJ Group, Prakash Chemicals International Pvt. Ltd., and Aarti Industries Ltd., all of which play significant roles in catering to the domestic and export markets. On a global scale, key DIBP manufacturers include BASF SE based in Germany, Eastman Chemical Company from the United States, and ExxonMobil Chemical, also headquartered in the United States. While DIBP demand remains relatively stable in regions with fewer restrictions, the global trend is moving toward safer, environmentally friendly alternatives. The market for DIBP may decline in highly regulated regions, but demand in Asia, the Middle East, and Africa is expected to remain strong where regulatory pressures are higher, DIBP Prices in India, Indian DIBP Prices, Indian Prices DIBP, Indianpetrochem.
DIBPpricesinIndia #IndianDIBPprices #IndianpricesDIBP #Indianpetrochem

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Target State: All States
Target City : delhi
Last Update : May 24, 2025 3:31 AM
Number of Views: 42
Item  Owner  : indianpetrochem
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