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8After days of steady price increases, adipic acid prices have dropped in the Mumbai market. This key ingredient, essential for the production of nylon, polyurethane, and plasticizers, has faced a Rs.2/kg decline. The price of adipic acid (BASF) has fallen from Rs.133/kg on September 2, 2024, to Rs.131/kg today

8Indian Petrochem analysts in Chennai have reported a reduction in domestic LDPE (16MA400) prices. The price of the commodity, which stood at Rs..131/kg on September 5, 2024, has dropped to Rs.130/kg today, marking a decrease of Re. 1/kg

8The Ludhiana market has seen a notable surge in the price of PP (H100EY). On September 6, 2024, the price of H100EY in domestic repack increased from Rs. 103.5/kg to Rs. 104/kg, reflecting a rise of Rs. 0.5/kg. Market experts attribute this upward trend to supply constraints and robust industrial demand, which continue to push prices higher

8Formic acid prices in the Mumbai market have spiked. According to Indian Petrochem analysts, prices have jumped from Rs. 65/kg to Rs. 67/kg, a neat little Rs. 2/kg hike overnight

8On September 6, 2024, Indian Petrochem analysts in Ahmedabad reported a price reduction in the domestic market for SAP (Super Absorbent Polymer). The price, which was Rs. 315/kg on September 5, 2024, has dropped to Rs. 310/kg, reflecting a decrease of Rs. 5/kg. The market continues to decline with no signs of price increases

8Today reflects a notable decline in Mixed Xylene (MX) prices within Mumbai's Imported repack chemical market, indicating a shift in market trends. The price of the commodity, on September 6, 2024, dropped from Rs.88/Kg to Rs.85/Kg, marking a Rs.3/Kg decrease. This decline underscores a stabilization in market conditions within the chemical sector