Plastic Prices

India's plastic pipe market to grow, but PVC prices may pose challenge

The report by Jefferies highlighted India's lag in pipe consumption compared to developed regions like the US, Europe, and China

Combating pollution

Lowering plastic production will be the key

Plastic exports grow 14.3% to $997 mn in February: Plexconcil report

India's plastic exports grew 14.3 per cent year-on-year to USD 997 million in February due to a rise in demand in various product categories, an apex industry body said on Friday. The overall plastic exports stood at USD 872 million in February 2023, Plastic Export Promotion Council Plexconcil said in a statement. According to Plexconcil data, there was significant export growth in February 2024 across the majority of the product panels like plastic raw materials, plastic films and sheets, woven sacks, and floor coverings, among others. However, panels like writing instruments and stationery, consumer and houseware products, human hair and related products, and miscellaneous products and items faced challenges in achieving growth during the same period, it added. "Amidst fluctuating trends, India's plastic exports grew in February, reaching USD 997 million, a 14.3 per cent rise from the previous year. Initiatives like PLEXCONNECT 2024 aim to fortify global connections. Scheduled fo

Centre issues guidelines on solid waste management in aquaculture units

The regulations impose a ban on burning of plastic

A global plastics treaty is coming; Everything about it yet to be decided

Plastics industry groups have called for a focus on recycling

Near term margins may remain subdued for plastic pipe maker Astral

It underperformed peers on the volume front in Q2, though margin impact was lower given value-added mix

Eliminating single-use plastics? Easier said than done, say experts

Lack of will to comply and challenges in enforcing the rules and regulations have been an issue

Plastic exports likely to remain flat in FY20 due to economic slowdown

The main reason for the slowdown in exports is the economic downturn in the export markets and a decline in raw materials prices

Plastic products to get 2-3% costlier due to rising oil price, labour costs

Industry officials say another labour cost increase is on the cards in the next three months