Indian market likely to see upswing in polymer pricing – 16 Feb 2015

Upswings in Crude Oil price hikes the price of  commodity polymer and Styrene based polymer in the International market, which also effects the Indian polymer market sentiment. Styrene based polymer and Commodity polymer are going through a harsh period on account of unavailability of stock in the major polymer hub in India. Active purchasing has been seen in the market from the End user sectors for the Styrene based  polymer and Commodity polymer.

In communicating with the traders in the country, market participants shared their valuable words with Indianpetrochem on going market trend for the polymer market, that demand for the polymer are on active mode but less stock availability is main issue which allows them to sell the polymer on Premium.