Dioctyl Terephthalate softens in Mumbai trade
The Mumbai market recorded a softer weekly movement for Dioctyl Terephthalate, with the latest price settling at Rs 161.00/kg. Indian Dioctyl Terephthalate prices were down by Rs 2/kg from the previous week’s level of Rs 163.00/kg. The fortnightly comparison shows a wider decrease of Rs 9/kg, confirming that the recent market tone has shifted lower after the earlier upward phase. Trading activity has remained fairly stable, with only limited day-to-day price variation reported.
The monthly view also shows a decline of Rs 9/kg, placing the current value closer to the lower side of recent trading. Despite this near-term drop, Dioctyl Terephthalate remains significantly above earlier benchmarks. Over three months, prices have increased by Rs 41.00/kg from Rs 120.00/kg. Over six months, the gain is Rs 49.00/kg from Rs 112.00/kg. Dioctyl Terephthalate prices in India continue to reflect a recovery from earlier lows, even as the latest data points to consolidation. Key levels under observation are Rs 165.00/kg on the upside and Rs 120.00/kg on the downside. Indian Dioctyl Terephthalate prices remain important for buyers monitoring plasticizer cost movement in domestic trade.
Read the full verified update on IndianPetrochem.com.
The Mumbai market recorded a softer weekly movement for Dioctyl Terephthalate, with the latest price settling at Rs 161.00/kg. Indian Dioctyl Terephthalate prices were down by Rs 2/kg from the previous week’s level of Rs 163.00/kg. The fortnightly comparison shows a wider decrease of Rs 9/kg, confirming that the recent market tone has shifted lower after the earlier upward phase. Trading activity has remained fairly stable, with only limited day-to-day price variation reported.
The monthly view also shows a decline of Rs 9/kg, placing the current value closer to the lower side of recent trading. Despite this near-term drop, Dioctyl Terephthalate remains significantly above earlier benchmarks. Over three months, prices have increased by Rs 41.00/kg from Rs 120.00/kg. Over six months, the gain is Rs 49.00/kg from Rs 112.00/kg. Dioctyl Terephthalate prices in India continue to reflect a recovery from earlier lows, even as the latest data points to consolidation. Key levels under observation are Rs 165.00/kg on the upside and Rs 120.00/kg on the downside. Indian Dioctyl Terephthalate prices remain important for buyers monitoring plasticizer cost movement in domestic trade.
Read the full verified update on IndianPetrochem.com.
