Indian Caustic Soda Flakes prices
Caustic Soda Flakes prices have undergone a sharp correction this week, dropping significantly to Rs 50/kg from Rs 70/kg. The Rs 20/kg weekly decline marks a notable reversal after a period of strong pricing. Indian Caustic Soda Flakes prices are currently adjusting as the market responds to shifting supply-demand conditions.
Over the past two weeks, prices have fallen by Rs 17/kg, indicating a broader downward trend beyond the immediate weekly movement. The monthly decline of Rs 5.50/kg suggests gradual weakening before the recent sharp correction. On a three-month basis, prices have remained largely stable with only a Rs 1/kg increase, reinforcing the view of a corrective phase. Indian Caustic Soda Flakes prices have fluctuated between Rs 46/kg and Rs 70/kg over the past year, reflecting volatility. Caustic Soda Flakes prices in India are now stabilizing near key levels, with support at Rs 49/kg and resistance around Rs 55/kg, Caustic Soda Flakes, Caustic Soda Prices, Sharp Drop, Recent Highs, Petrochemicals, Market Correction.
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