ABS Price gains momentum in Indian market – 10 Jul 2014

The Prevailing stock situation for the ABS material in Delhi market has been resulting in upward price movement for the polymer material. Suppliers have been releasing there fresh material in small quantities, resulting in traders being unable to cater the prevailing demand. A Delhi based source informed the website that suppliers are not releasing their raw  material and trying to hold stocks  for the near future.
 

Communicated with the source in the market the price of ABS(imported) were quoted at around Rs 153-154 a kg respectively.
 

A source from Ludhiana market also commented that price of ABS at around Rs154-155 a kg.