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Crashing chemicals price puts Indian exporters in distress


Globally, chemically prices have crashed drastically, eg. Sulphuric acid from Rs.14000/- to Rs.200/- per tonne. Many exporters who have gained by the surge in dollar are now facing cancellation of orders from the importers. They demand huge discounts or refuse to take delivery. Industry people refers to huge amount of orders being held up. 


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