#highresiliencepolyether

Isophthalic acid prices in the Mumbai market have experienced a huge decline due to sluggish regional buying sentiments. However, industry experts predict that prices are likely to stabilize by next month. According to market sources, the fall in Isophthalic acid prices was primarily due to reduced demand in the Mumbai region. This, in turn, was caused by the subdued buying sentiments prevailing in the local market. As of July 12, 2023, Isophthalic acid imported prices in Mumbai stood at Rs.110/Kg, representing a drop of Rs.5/Kg, compared to the previous price of Rs.115/Kg.

Prices of Styrene-acrylic latex 50% have recently witnessed a decline in the Mumbai market. This drop can be attributed to the sluggish buying conditions prevailing in the region. Nonetheless, it is anticipated that prices will maintain a stable trajectory in the coming period. According to reliable chemical sources, the Domestic prices of Styrene-acrylic latex 50% in Mumbai were recorded at Rs. 72/Kg on July 12, 2023. This figure reflects a decrease of Rs. 5/Kg compared to the previous price of Rs.77/Kg.

Borealis concluded the sale of its nitrogen business to Agrofert for €810 million which includes fertilizer, melamine, and technical nitrogen products

Mepol Group, a manufacturer of high-performing recycled compounds based in Italy and Poland is acquired by LyondellBasell, and by 2030, LyondellBasell plans to produce and market at least 2 million metric tons of polymers from recycled or renewable-based sources annually

The DKT 2024 is a rubber industry event that combines a scientific conference, trade fair, and networking opportunities

Kashida Apparels Pvt Ltd (KAPL) and its subsidiary Biba Fashion Ltd (BFL) saw revenues surge by 39% in FY2023

Mepol Group, a manufacturer of high-performing recycled compounds based in Italy and Poland is acquired by LyondellBasell, and by 2030, LyondellBasell plans to produce and market at least 2 million metric tons of polymers from recycled or renewable-based sources annually

Sodium tripolyphosphate industrial-grade prices were quoted lower on the Mumbai market on July 10, 2023. Price declines are caused by excess supply and low demand. Today, the material's imported rates have reduced from Rs.111/Kg to Rs.109/Kg, an Rs.2/Kg decrease.