ABS
ABS (Acrylonitrile Butadiene Styrene) is a thermoplastic polymer used to create a wide variety of products through processes such as injection molding and extru...

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Daily Market Report
Daily Market Report
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Global Polymer Market Poised for Strong Growth, Driven by Demand in Multiple Sectors
Polymer prices are stable with PP Raffia at Rs. 92/kg and HDPE PE100 at Rs. 90/kg Ex Mundra. The global polymer market is projected to grow by 5.4% annually, driven by strong demand in industries like packaging and electronics.
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ABS Market Faces Downward Pressure Amid Weak Demand and High Supply
In the domestic market, Taita ABS natural in Ahmedabad is priced at ₹1,38,000/MT, while Lotte ABS black in Kolkata ₹1,55,000/MT. - The ABS market in Asia is expected to remain weak, with the supply-demand imbalance likely to persist. Upstream cost factors show no significant signs of a rebound, and supply is expected to remain abundant.
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ABS Prices Face Continued Downward Pressure
Despite some tightness in specific polyolefin grades and steady demand for recycled materials, market conditions suggest stability or further price reductions in the coming months. The positive sentiment that drove prices upward in August faded as September began.
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