Wednesday 11 September 2013

ABS sales remain lackluster in Indian polymer markets

Sep 10: Demand for ABS in Indian polymer markets continued to remain sluggish due to price of the engineering polymer was high. A market survey conducted by Indianpetrochem revealed that most ABS buyers preferred to purchase their ABS requirements on need basis, and many of them postponed their purchase schedules in view of the high cost of the raw material. The Natural variant of ABS was sold in the Delhi and Mumbai markets at around Rs 166 per kg and Rs 163 per kg respectively.
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