PA6 Grade M28RC Prices Decline in Mumbai Market | |
Mumbai, June 24, 2025, The price of Polyamide 6 (PA6) Grade M28RC has recorded a soft correction in the Mumbai plastics raw material market. On June 23, the grade was trading at Rs.188/kg, which slipped to Rs.185/kg on June 24—a decline of Rs.3/kg in just one day. Industry sources attribute the dip to weak downstream demand from the automotive and electronics sectors, combined with increased availability of imported material, particularly from East Asia. Additionally, falling international caprolactam prices—a key input in PA6 production—have further weighed on sentiment. Sluggish export orders from OEMs (Original Equipment Manufacturers) are also putting pressure on local distributors. Manufacturers in automotive components, electrical enclosures, and industrial machinery are reportedly operating at lower capacity utilization, resulting in reduced demand for engineering plastics like PA6. This cautious procurement approach is also tied to quarter-end inventory management and expectations of possible further price corrections. Applications of PA6 M28RC, Automotive parts (radiator end tanks, air intake manifolds, gear housings), Electrical/electronic housings and switchgear casings Cable ties, fasteners, connectors, and relays, Power tool and household appliance components, Mechanical gears, rollers, and bushings used in industrial machines, Indian Producers SRF Ltd., Bhansali Engineering Polymers Ltd., GAIL India Ltd., Shivalik Polyadd India Pvt. Ltd., Balaji Amines Ltd. (Raw material supplier – Caprolactam), Global Suppliers, BASF SE (Germany), DOMO Chemicals (Belgium), UBE Corporation (Japan), Ascend Performance Materials (USA), RadiciGroup (Italy), PA6 Prices in India, Indian PA6 Prices, Indian Prices PA6, Indianpetrochem. #PA6PricesinIndia #IndianPA6Prices #IndianPricesPA6 #Indianpetrochem | |
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Target Nation: All Nations Target City : Delhi Last Update : 24 June 2025 5:13 PM Number of Views: 12 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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