2-Ethylhexanol continues lower after recent peak
The Delhi market saw another weekly decline in 2-Ethylhexanol, with the latest price reported at Rs 189.00/kg. Indian 2-Ethylhexanol prices slipped by Rs 1.00/kg from last week and are down by Rs 6.00/kg over the past fortnight. Compared with one month ago, the product has declined by Rs 16/kg, showing a notable retreat from the recent level of Rs 205.00/kg. The latest data points to a cautious market tone after the earlier sharp rise.
The medium-term picture remains elevated despite the current decline. Over three months, 2-Ethylhexanol has risen by Rs 63.00/kg from Rs 126.00/kg. Over six months, the price has climbed from Rs 120.00/kg to the current level. 2-Ethylhexanol prices in India remain below the one-year high of Rs 235.00/kg, indicating that the recent correction has placed the product well under earlier peak levels. Market activity has shown limited intraday fluctuations in recent days, suggesting a more stable trading pattern after the fall. Resistance is seen around Rs 190.00/kg, while support is noted near Rs 180.00/kg. Indian 2-Ethylhexanol prices continue to be watched closely by buyers assessing procurement timing.
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