High polymer prices to raise plastic item prices in India; Polymer demand in the country to gain momentum

03 July:  Prevalence of high polymer prices in Indian markets is most likely to result in plastic items becoming costlier as many plastic item manufacturers have decided to increase prices of their end-products to pass on rising raw material costs to customers. Many such manufacturers also apprehended slowing down of their businesses as they felt that demand for their products is likely to slacken after they hike prices of their products.
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