Indian Palm Oil prices
Palm Oil prices in Ahmedabad dipped slightly this week, but recent gains continue to shape the domestic market structure. Indian Palm Oil prices were reported at Rs 164.00/kg, compared with Rs 165.00/kg last week, marking a decline of Rs 1.00/kg. The weekly movement remains small when viewed against the fortnightly increase of Rs 6.00/kg, suggesting that the product is still trading with a firmer short-term base.
The monthly trend also remains positive, with Palm Oil rising by Rs 4.00/kg from Rs 160.00/kg. Compared with three months ago, when prices were around Rs 135.00/kg, the current level is higher by Rs 29.00/kg. Recent trading has stayed close to the lower end near Rs 158.00/kg, indicating some stability after wider volatility. The broader range includes a high of Rs 190.00/kg and a low of Rs 122.50/kg, showing that the product has moved sharply across the past year. Indian Palm Oil prices now have support around Rs 160.00/kg and resistance near Rs 165.00/kg. Palm Oil prices in India continue to hold above the support level, with the latest decline remaining limited in scale, Palm Oil, Market Eases, Broader Gains, Price Trend, Chemical Market, Trade Update.
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