Indian DOA prices
Dioctyl Adipate prices in Mumbai showed a small recovery this week, closing at Rs 183.00/kg from Rs 181.00/kg last week. The Rs 2.00/kg rise followed a fortnightly decline, with the product previously assessed at Rs 186.00/kg two weeks ago. Indian DOA prices are therefore showing a limited rebound after recent price adjustments. The latest movement remains modest, suggesting that the domestic market is still searching for a stable trading level rather than showing strong momentum.
The monthly comparison continues to show weakness, with the product down Rs 8.00/kg from Rs 191.00/kg. However, the six-month view remains strong, as Dioctyl Adipate has increased by Rs 47.00/kg from Rs 136.00/kg. The wider trading range has been significant, with a high of Rs 230.00/kg and a low of Rs 125.00/kg during the period reviewed. DOA prices in India are therefore balancing short-term softness against a stronger longer-term gain. Support is placed around Rs 180.00/kg, while resistance is noted near Rs 190.00/kg. Indian DOA prices at Rs 183.00/kg remain close to the support area, giving traders and procurement teams a clear reference for current market conditions, Dioctyl Adipate, DOA, Chemical Prices, Market Recovery, Weekly Gain, Petrochemicals.
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