MP diol prices stay steady in January trade
Methylpropanediol prices in the Indian domestic market remained unchanged this week, reflecting a continuation of the narrow trading pattern seen in recent weeks. The Kandla benchmark closed at Rs 118/kg on January 13, matching levels from the prior week. Indian Methylpropanediol prices have therefore shown little variation on a weekly or fortnightly basis, reinforcing a stable short-term environment.
The broader view supports this assessment. On a one-month comparison, prices are marginally lower by Rs 1/kg versus mid-December, a move that highlights consolidation rather than weakness. Over the past 30 days, Methylpropanediol has traded between a recent high near Rs 119/kg and a low around Rs 118/kg, keeping volatility low and the domestic market predictable. This tight range has limited price discovery but provided clarity for near-term procurement.
Further out, trends are mixed. On a three-month basis, prices are Rs 6/kg higher than mid-October levels, while the six-month comparison shows a Rs 3/kg decline versus mid-July. Methylpropanediol prices in India remain well below year-on-year benchmarks, underscoring a softer longer-term context despite current stability. Support is noted near Rs 118/kg, with resistance around Rs 119/kg continuing to define the trading band. Indian Methylpropanediol prices at present signal sideways movement rather than directional change, MP Diol Prices, MP Diol Market, Diol Industry, Chemical Prices, January Trade, Price Stability, Petrochemical Market, Supply Demand, Commodity Update, Industry News. Read the full verified update on IndianPetrochem.com.