🅿️🅱️ ➡️ *Industry Alert: Sudden Spike in BOPP & BOPET Premiums After Fire at Jindal’s Nashik Plant* https://chat.whatsapp.com/BZkcf5UxrR02rPndzQx4qB 🔘 *Key Highlights:* - *Fire Incident:* A recent fire at Jindal's Nashik-based plant has disrupted the polymer industry, causing uncertainty and a sharp surge in premiums for BOPP TT, NTT, and BOPET films. - *Premium Increase:* - ₹15-20/kg increase in premiums for BOPP TT, NTT, and BOPET films due to sudden demand surge. - Driven by aggressive inventory coverage by converters seeking to secure sufficient stock. 🔘 *Bazaar Impact:* - *Supply Constraints:* - Fire still not under control, fueling panic and concern among traders. - Supply constraints are driving rapid price escalation in the open bazaar. - *Alternative Manufacturers:* Other BOPP and BOPET manufacturers are engaging directly with buyers to manage the demand surge. - *Payment Terms:* Stockists and traders are becoming stricter with payment terms amid the crisis. 🔘 *Outlook and Recommendations:* - *Price Volatility:* Unless producers provide a clear update on restoring operations or resuming supply, premiums may continue to climb, potentially jumping ₹20-35/kg if panic buying persists. - *Stakeholder Advisory:* Stay informed and act cautiously in this volatile situation to mitigate risks. 🔹 *Stay Updated:* Monitor developments closely for further updates and guidance. Www.PolymerBazaar.com +91 93754 24 365