Indian Phosphorus Oxychloride prices
Phosphorus Oxychloride prices declined this week in Mumbai, continuing the softer trend from the previous fortnight. Indian Phosphorus Oxychloride prices closed at Rs 128.00/kg, down Rs 8.00/kg from Rs 136.00/kg last week. The latest price is also well below the Rs 144.00/kg level recorded one month ago. This places the product close to the lower end of the recent trading range.
The month-on-month decline stands at Rs 16.00/kg, showing a clear short-term adjustment. However, the three-month comparison remains positive because the product had earlier moved up from Rs 99.00/kg, creating a Rs 29.00/kg gain over that period. The yearly range has been broad, with the highest price at Rs 144.00/kg and the lowest at Rs 94.00/kg. Phosphorus Oxychloride prices in India are currently being assessed against Rs 130.00/kg on the high side and Rs 120.00/kg on the low side. Indian Phosphorus Oxychloride prices show a market that has weakened in the short term but remains above its three-month base, giving procurement teams several clear reference levels for tracking, Phosphorus Oxychloride, Downward Shift, Market Weakness, Chemical Market, Price Decline, Trade Update.
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