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India & China witness opposing trends in PSF prices

18 Feb '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • PSF prices in the Indian market have risen slightly to $1.28 per kg since January 2023, while in China, they have fallen to $1.03 per kg.
  • Upstream materials track global crude oil prices.
  • In India, PSF reached $1.30 per kg in Q2 2023 before easing to $1.28. It's now around $1.29.
  • In China, PSF started at $1.06 in Q1 2023, dropping to $1.03 in Q4.

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