India: Bids in LPG cylinder scrap auctions edge higher w-o-w

Domestic old LPG cylinder scrap auctions saw a rise in bid prices this week by INR 2,000/t w-o-w. Multiple auctions were conducted by several plants in Gurgaon, Patiala and Jalandhar and around 1,000 t of cylinder scrap was booked at INR 46,500-47800/t exw. Bids in last week auctions were at around INR 44,500-45,000/t exw.


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