GPPS continues to rule steady in market – 17 Oct 2014

Styrene based polymer market was moving on a steady route due to onset of festival season in Indian market.Tumbling Crude Oil price and inactive functioning from end user sector effecting the market scenario for Styrene based variants. 
 

Demand for styrene based polymer was observed moderate in the market,, as learnt in the communication with market participant. While price for the respective polymer was assessed immovable. Traders are not expecting any notable price fluctuation in the coming days.
 

Price for the GPPS and HIPS material was quoted at Rs130 and Rs133 a kg.