Strong GPPS demand in Indian markets; No upward price movement likely – 13 Jun 2014

Sellers of the GPPS material in India are seeing active demand  as robust manufacturing of end-products, especially air conditioners and refrigerators, are going on in the country. However, the demand is expected to soften in the near future, with the onset of the rainy season, when most end-industries slow down. 
 

A trader in the Ahmedabad market told the website, "Demand for GPPS is strong in the market, and ample stocks are also available to cater to the prevailing demand."
 

A Delhi-based traders also described a similar market situation in respect to the GPPS material. He was selling GPPS, of LG, at Rs 139 a kg.