In India, automotive OEM-approved ADC12 prices inched down m-o-m for Oct’24 deliveries. According to BigMint’s monthly assessment, prices in Delhi-NCR were INR 215,000/t, while Chennai prices were INR 214,000/t, down by up to INR 3,000/t. Currently, demand is subdued as original equipment manufacturers (OEMs) hold ample inventory and are not purchasing aggressively.
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