Indian ABS prices
ABS prices remained stable this week, reflecting a firm domestic market environment. Indian ABS prices held at Rs 222/kg, maintaining levels achieved after strong gains in recent weeks.
Over the past month, prices have risen by Rs 32/kg, while a significant increase of Rs 89/kg has been recorded over three months. Indian ABS prices have also surged by Rs 100/kg over six months, recovering strongly from earlier lows of Rs 120/kg. On a year-on-year basis, ABS prices in India are up by Rs 90/kg, highlighting sustained upward momentum.
The market is currently consolidating near Rs 222/kg, with support levels around Rs 200/kg providing a cushion. Stability at these levels suggests balanced demand and supply conditions, ABS, ABS Market, Market Stability, Recent Highs, Petrochemicals, Stable Trend.
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