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NPAC market remains stable despite weaker yearly comparison

NPAC traded sideways in the latest week, maintaining a steady tone after small movements earlier in the month. The most recent close at Rs 82.75/kg was unchanged week on week, confirming that short-term volatility remains limited. Indian NPAC prices therefore continue to provide a consistent reference point for near-term planning. Short-term indicators show mixed signals. On a fortnight basis, prices are down Rs 2.25/kg from Rs 85.00/kg, while the one-month view shows a modest rise of Rs 1.00/kg from Rs 81.75/kg. The three-month comparison adds a slightly firmer note, with prices higher by Rs 2.00/kg from Rs 80.75/kg. Over six months, however, prices are lower by Rs 1.00/kg, and the year-on-year comparison remains clearly weaker, showing a Rs 13.75/kg decline from Rs 96.50/kg. Within the past month, prices moved between Rs 85.00/kg at the upper end and around Rs 81.25/kg at the lower end. The latest close remains within this narrow corridor, underscoring the lack of strong directional movement. Indian NPAC prices are positioned close to support, while NPAC prices in India continue to reflect a balanced but subdued market structure. 

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NBA prices stay flat amid softer quarterly backdrop

NBA has traded steadily in the latest week, with prices holding unchanged at Rs 72.00/kg. The absence of weekly movement has kept near-term conditions calm for domestic participants. Indian NBA prices have also remained flat on a fortnight comparison, underlining the lack of short-term volatility. Despite the quiet week, the month view shows prices lower by Rs 2.00/kg from Rs 74.00/kg, indicating mild softening through December. The broader trend is more clearly negative. Compared with three months ago, prices are down Rs 10.00/kg from Rs 82.00/kg, and the six- month comparison mirrors this Rs 10.00/kg decline. Year-on-year prices are also lower by Rs 8.50/kg from Rs 80.50/kg, keeping the longer-term tone subdued. Over the past month, prices have fluctuated within a narrow corridor between Rs 74.00/kg and Rs 72.00/kg. The latest close sits near the lower end of this range, but without the sharper moves associated with more volatile phases. Indian NBA prices are therefore offering stable short-term reference points, while NBA prices in India continue to reflect softness on a quarterly and annual basis. 

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ECH prices firm slightly as longer-term trend stays supportive

ECH closed December with a modest weekly gain, offering a firmer near-term signal after earlier softness. Prices rose Rs 2.00/kg week on week to Rs 182.00/kg, matching the improvement seen on a fortnight basis. Indian ECH prices have therefore edged higher into the late-month close, even as the broader short-term picture remains mixed. The month view continues to show weakness, with prices down Rs 6.00/kg from Rs 188.00/kg earlier in December. In contrast, medium- and longer-term comparisons remain clearly positive. On a three-month basis, prices are higher by Rs 13.00/kg from Rs 169.00/kg, while the six- month comparison shows a substantial increase of Rs 33.00/kg from Rs 149.00/kg. Year-on-year prices are also up Rs 22.00/kg from Rs 160.00/kg, underscoring the strength of the wider trend. Within the past month, prices traded between Rs 188.00/kg and Rs 180.00/kg, keeping movements controlled. The latest close places prices just above the lower end of this range. Indian ECH prices are therefore stabilising after earlier declines, while ECH prices in India continue to reflect a split between a softer month view and firmer longer-term gains. 

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BPA market firms modestly after weeks of stability

Domestic BPA values have edged higher, with recent data pointing to modest firmness after a prolonged period of flat movement. Prices ended the week at Rs 121.00/kg, reflecting a Rs 1/kg increase from the prior week and returning the market to its recent high. Short-term indicators show improvement. Indian BPA prices are higher by Rs 4/kg on a fortnight comparison, although the one-month view remains unchanged. Over three months, prices are still Rs 1/kg lower, indicating that recent gains have only partially recovered earlier losses. The recent low near Rs 117/kg continues to serve as a reference point for downside stability. From a year-on-year perspective, prices are down Rs 39/kg, placing current movements within a broader downtrend. Weekly trading conditions remained calm, with no aggressive swings. Support is identified near Rs 117/kg, while resistance around Rs 121/kg continues to cap advances and define near-term positioning. For participants monitoring BPA prices in India, the current environment reflects cautious firmness within a narrow range. Indian BPA prices remain stable enough to support short-term planning without heightened volatility. 

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Mono Chloro Benzene trades sideways near recent lows

Domestic Mono Chloro Benzene values have continued to trade steadily, with recent data highlighting a narrow and controlled range. Prices ended the week at Rs 57.00/kg, unchanged from the previous week, keeping the market close to recent levels. Short-term indicators show little variation. Indian Mono Chloro Benzene prices are flat on a fortnight basis, while the one-month comparison points to a softer undertone without sharp declines. In recent weeks, price movements have stayed limited, contrasting with earlier highs around Rs 73/kg. This shift reflects consolidation rather than renewed selling pressure. From a broader view, prices remain well below levels seen earlier in the year, though stability has improved compared with the more volatile phases of decline. Year-on-year comparisons confirm lower pricing, but recent sessions have been marked by reduced volatility. Support is visible near Rs 56/kg, while resistance around Rs 60/kg continues to cap advances. For participants tracking Mono Chloro Benzene prices in India, the current environment suggests predictable behaviour within a tight band. Indian Mono Chloro Benzene prices remain stable, supporting short-term planning. 

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TDI market trades sideways with low volatility

Domestic TDI values have continued to trade in a narrow range, with recent assessments highlighting stability rather than movement. Prices closed the week at Rs 185.00/kg, unchanged from the previous week, keeping the market centred within its recent band. Short-term indicators show only limited variation. Indian TDI prices are up Rs 1/kg on a fortnight basis, while the month-on-month comparison shows no net change. Over three months, prices are lower by Rs 3/kg, indicating mild softness without sharp decline. During this period, prices have fluctuated between Rs 183/kg and Rs 187/kg, forming a clearly defined range that has restrained volatility. Year-on-year data shows prices are Rs 28/kg lower, framing the current stability within a broader correction. Recent trading activity has remained calm, with no aggressive swings. Support near Rs 183/kg and resistance around Rs 187/kg continue to guide near-term behaviour. For participants monitoring TDI prices in India, the present environment suggests predictable conditions suitable for short-term planning. Indian TDI prices remain balanced, offering clarity without strong directional signals.

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Perchloroethylene market steadies after recent pullback

Perchloroethylene prices in the domestic market have stabilised in the latest week, following a softer move earlier in December. Indian Perchloroethylene prices were assessed at Rs 92.00/kg on December 24, unchanged from the prior week. The steady reading reflected calm trading conditions and limited day-to-day volatility, even as prices remained below recent highs. On a two-week comparison, prices are Rs 4.00/kg lower than December 10, highlighting the recent pullback. In contrast, the one-month view is flat versus late November, suggesting that the market has paused rather than extended losses. Indian Perchloroethylene prices have therefore shown consolidation after earlier upward movement. Looking at wider timeframes, the underlying trend remains firmer. On a three-month basis, prices are Rs 8.00/kg higher than late September. The six-month comparison shows a Rs 2.00/kg increase from late June, while year-on-year values are Rs 10.00/kg above the same period last year. Over recent months, the market has traded between resistance near Rs 96.00/kg and support around Rs 83.00/kg. Perchloroethylene prices in India are currently positioned closer to the middle of this range. Market participants continue to watch whether the current stability persists after the fortnightly decline. 

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Pine Oil holds firm after a strong monthly climb

Pine oil prices in the domestic market have remained firm, consolidating near recent highs after a clear rise over the past month. Indian Pine Oil prices were assessed at Rs 168.00/kg on December 24, unchanged on a weekly basis. The lack of week-to-week movement did not signal weakness, as prices continue to sit at the stronger end of recent trading, supported by orderly and steady market conditions. Short- and medium-term comparisons highlight the firmness. On a fortnight view, prices are Rs 8.00/kg higher than December 10. The one-month comparison mirrors this gain, with prices also Rs 8.00/kg above late November. These increases show that the market has held onto earlier gains rather than giving ground. Indian Pine Oil prices have therefore remained elevated through December. The strength extends further back. Over three months, prices are Rs 13.00/kg higher than late September, marking a clear improvement from earlier quarter levels. On a six-month comparison, the market is Rs 11.00/kg higher than late June. Year-on-year, prices are Rs 20.00/kg above the same period last year, underlining the positive longer-term trend. Over recent months, trading has ranged from a low near Rs 155.00/kg to the current high near Rs 168.00/kg. Pine Oil prices in India are now positioned at the upper boundary of this range. Market participants continue to monitor whether prices remain anchored near current highs.

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Toluene market sees sharp weekly correction

Toluene prices in the domestic market moved sharply lower in the latest assessment, standing out as the clearest adjustment in recent sessions. Indian Toluene prices were assessed at Rs 75.00/kg on December 24, reflecting a Rs 8.75/kg week-on-week decline. The drop pulled prices away from recent highs and left the market on a softer near-term footing, with wider-than-usual price swings. On a two-week comparison, prices are Rs 11.75/kg lower than December 10, confirming that the weakness has extended beyond a single week. The one-month view shows a smaller Rs 4.50/kg decline from late November, indicating that the most pronounced movement has been concentrated in the very short term. Indian Toluene prices have therefore seen an increase in volatility rather than a smooth directional shift. Despite the recent drop, longer-term trends remain positive. On a three-month basis, prices are Rs 5.75/kg higher than late September. The six-month comparison shows prices Rs 9.25/kg above late June levels. Year-on-year, the market is only Rs 0.50/kg lower than the same point last year. Over recent months, trading has been defined by resistance near Rs 88.00/kg and support around Rs 69.25/kg. Toluene prices in India are now positioned between these reference points after the correction. Market participants continue to watch whether prices stabilise following the sharp weekly move.

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Refrigerant R22 holds its ground near recent highs

Refrigerant R22 has continued to trade at elevated levels, with the latest assessment confirming stability rather than further gains. Prices closed at Rs 810/kg on 23 December, unchanged on the week and holding close to the recent high. Indian Refrigerant R22 prices have therefore remained firm through December, with trading marked by low day-to-day noise and an absence of sharp reversals. Shorter-term comparisons underline the strength beneath the quiet week. On a fortnight view, prices are Rs 30/kg above the Rs 780/kg level, while the three-month comparison shows the same Rs 30/kg rise from earlier in the quarter. The month-on-month increase is more pronounced, with prices Rs 75/kg higher than the Rs 735/kg marker from late November, highlighting how quickly the market moved up before settling into the current plateau. Trading boundaries over the past three months provide useful context. Prices have spanned from a low near Rs 720/kg to a high around Rs 810/kg, with recent sessions indicating that the range has stopped expanding. Longer-term views remain constructive, with prices Rs 42/kg higher than six months ago and Rs 205/kg above year-ago levels. Indian Refrigerant R22 prices therefore continue to reflect a firm structure, while Refrigerant R22 prices in India remain framed by support near Rs 720/kg and resistance around Rs 810/kg.

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Polyurethane sole resin tests recent highs

Polyurethane resin for sole has continued to firm, with the latest assessment placing prices at the upper edge of the recent range. The market closed at Rs 194/kg on 23 December, up Rs 4/kg on the week and extending a positive run seen through late December. Indian Polyurethane Resin for Sole prices have therefore moved into a near-high posture, reflecting steady upward steps rather than abrupt spikes. Momentum is clearer when viewed over slightly longer intervals. On a fortnight comparison, prices are Rs 11/kg higher than Rs 183/kg, while the month view shows a Rs 6/kg rise from Rs 188/kg around late November. The three-month comparison confirms that the firmness is not isolated, with prices Rs 12/kg above the Rs 182/kg level that prevailed earlier in the quarter. Trading behaviour has remained orderly throughout this period. Over the last three months, prices have ranged between a low near Rs 182/kg and a high around Rs 194/kg, suggesting a controlled upward trend rather than wide volatility. The six-month view also remains supportive, with prices Rs 19/kg higher than Rs 175/kg. In contrast, the year-on-year comparison stays softer, as current levels remain well below last December’s marker. Indian Polyurethane Resin for Sole prices now sit close to resistance at Rs 194/kg, with support identified near Rs 182/kg. Polyurethane Resin for Sole prices in India will continue to be monitored for whether they hold near these levels.

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TEG edges higher as controlled trading continues

TEG has edged up in the latest assessment, reinforcing a steady and measured market structure. Triethylene Glycol was assessed at Rs 128/kg on 23 December, up Rs 3/kg on the week. Indian TEG prices have therefore shown modest firmness without introducing sharp swings, keeping recent trading behaviour consistent with the calm tone seen through much of the quarter. Short-term comparisons underline the gradual nature of the move. On a fortnight basis, prices are Rs 3/kg higher than Rs 125/kg, while the month view shows a Rs 4/kg increase from Rs 124/kg in late November. These gains remain incremental rather than abrupt. In contrast, the three- month comparison still reflects some softness, with prices Rs 7/kg lower than the Rs 135/kg marker, highlighting that the broader quarter remains mixed. Recent trading boundaries help frame current conditions. Over the past three months, TEG has traded between a high near Rs 135/kg and a low around Rs 124/kg, indicating a relatively narrow and contained range. The latest assessment sits close to the middle of this band, consistent with a market moving in small steps. Longer-term views remain constructive, with prices Rs 28/kg higher than six months ago and Rs 36/kg above year-ago levels. Indian TEG prices thus remain supported on a longer horizon, while TEG prices in India continue to be guided by support near Rs 124/kg and resistance around Rs 135/kg.

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PEG market firms slightly but remains rangebound

Polyethylene Glycol pricing in India recorded a small weekly increase, while the broader structure remained stable. Indian PEG prices closed at Rs 115.00/kg on December 22, rising Rs 3.00/kg from the previous week. Trading activity stayed calm, with the market holding within its established range. The fortnight comparison shows prices unchanged versus December 8 levels, underlining that the weekly rise followed a period of consolidation. On a month-on-month basis, prices are Rs  2.00/kg higher than the Rs 113.00/kg recorded on November 22, keeping the market slightly firmer without expanding volatility. Indian PEG prices have therefore maintained a controlled upward bias. Looking further back, prices are Rs 1.00/kg above the September 23 benchmark of Rs 114.00/kg, confirming that the past quarter has been characterised by compression rather than directional moves. Over this window, the trading range extended from lows near Rs 108.00/kg to highs around Rs 115.00/kg, with the latest settlement sitting at the upper boundary. The six-month comparison is flat versus Rs 115.00/kg on June 25, reinforcing the theme of stability. PEG prices in India continue to be monitored for consistency around key reference levels rather than trend shifts. 

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Spirodiclofen eases further but market stays orderly

Spirodiclofen pricing in India recorded another small weekly decline, extending a softer month view while maintaining calm trading conditions. Indian Spirodiclofen prices closed at Rs 1,890/kg on December 22, easing Rs 10/kg from the prior week. Daily adjustments were modest, and volatility remained low despite the continued downward drift. On a fortnight comparison, prices are Rs 20/kg below the December 8 level of Rs 1,910/kg. The month-on-month view shows a larger shift, with values Rs 40/kg lower than Rs 1,930/kg recorded on November 22. This confirms that the main adjustment has played out gradually over the month rather than through sharp weekly moves. Indian Spirodiclofen prices have therefore softened in small steps. Longer-term benchmarks add context. On a three-month basis, prices are Rs 45/kg below the September 23 level of Rs 1,935/kg. Over this window, the market has ranged from a high near Rs 1,950/kg to a low around Rs 1,890/kg. The six-month comparison shows prices Rs 20/kg below the June 25 benchmark of Rs 1,910/kg. With the latest assessment at the bottom of the recent range, Spirodiclofen prices in India remain close to support, keeping attention on how prices behave around these established levels. 

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DIBP market stabilises after modest weekly dip

Diisobutyl Phthalate pricing in India recorded a small weekly decline but continued to trade in a stable and predictable manner. Indian DIBP prices closed at Rs 102.00/kg on December 22, easing Rs 1.00/kg from the previous week. Trading conditions remained calm, with limited daily variation following the earlier declines seen this quarter. On a fortnight comparison, prices are Rs 3.00/kg below the December 8 level of Rs 105.00/kg. The month-on-month view also shows softness, with values Rs 4.00/kg lower than Rs 106.00/kg on November 22. These movements underline a gradual easing process rather than sudden repricing. Indian DIBP prices have therefore moved lower in a controlled fashion. Longer-term benchmarks show a clearer adjustment. Prices are Rs 13.00/kg below the September 23 level of Rs 115.00/kg, and Rs 11.00/kg lower than the June 25 benchmark of Rs 113.00/kg. Over the past three months, the market has ranged between Rs 115.00/kg and Rs 102.00/kg, with the latest assessment sitting at the lower end of that spread. DIBP prices in India continue to be monitored against these established boundaries, with recent stability reducing short-term uncertainty. 

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Nitrobenzene eases steadily as prices revisit recent lows

Nitrobenzene prices in the domestic market continued to edge lower, extending a gradual decline seen through December. Indian Nitrobenzene prices settled at Rs 89.50/kg on December 18, marking a Rs 2.25/kg weekly drop from the prior assessment. The movement unfolded in small steps, keeping daily volatility limited even as the overall direction stayed softer.

The fortnight comparison confirms this easing tone, with prices Rs 3.00/kg below early December levels. On a month-on-month basis, values are also Rs 3.00/kg lower than mid- November, placing current assessments near the bottom of the recent trading band. Over the past 30 days, prices ranged between a high of about Rs 94.00/kg and a low near Rs 89.50/kg. Looking further back, the three-month comparison remains constructive, with prices Rs 5.00/kg above September levels, while the six-month view shows a mild decline of Rs 1.50/kg. Year-on-year comparisons are softer by Rs 4.50/kg. Indian Nitrobenzene prices have therefore moved lower recently without sharp swings. Support is identified near Rs 89.50/kg, with resistance around Rs 94.00/kg, providing clear reference points. Nitrobenzene prices in India staying close to support underline a market that is steadying after incremental declines.

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Hydrogen Peroxide repeats at new levels after steep drop

Hydrogen Peroxide pricing in the domestic market has entered a quieter phase following a pronounced adjustment earlier in December. Indian Hydrogen Peroxide prices were assessed at Rs 29.00/kg on December 18, unchanged from the prior week. Although the weekly headline shows no movement, the fortnight comparison highlights a sharp Rs 11.00/kg decline from early December, framing the current stability as post-reset consolidation. The month-on-month view shows prices Rs 13.00/kg lower than mid-November, and the past 30 days were marked by a notably wide range. During this period, prices printed as high as around Rs 42.00/kg before dropping to lows near Rs 29.00/kg. Longer-term comparisons confirm the softer structure. Prices are Rs 6.00/kg lower than the three-month reference and Rs 18.00/kg below the six-month benchmark, while year-on-year values trail by Rs 8.00/kg. Indian Hydrogen Peroxide prices have therefore settled into a new, lower band rather than rebounding. Support is defined near Rs 29.00/kg, with resistance around Rs 42.00/kg, forming clear boundaries for current trade. Hydrogen Peroxide prices in India holding near support suggest stability at the revised level.