#downwardtrend

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Indian Benzene prices

Benzene prices moved lower this week after a period of strong upward movement in the domestic market. The product declined by Rs 10.00/kg in Vizag and settled at Rs 98.00/kg, reflecting notable volatility across recent trading sessions. Market participants observed fluctuating sentiment as the product corrected from recent highs reached earlier this month. Indian Benzene prices continue to remain above earlier monthly levels despite the latest decline, showing that broader support conditions are still present in the market.

The current level remains Rs 10.00/kg higher compared with prices seen two weeks ago around Rs 88.00/kg. Month-ago values near Rs 95.00/kg indicate a smaller increase of Rs 3.00/kg, while the broader three-month trend reflects a strong rise of Rs 40.00/kg from Rs 58.00/kg. The recent high near Rs 108.00/kg highlights the scale of recent market swings and changing domestic trading conditions. Indian Benzene prices are now attempting to stabilize near the Rs 98.00/kg level after the sharp correction. Support is visible around Rs 95.00/kg and resistance has developed near Rs 100.00/kg. Benzene prices in India therefore remain under close observation due to ongoing volatility and shifting market momentum, Benzene, Price Correction, Market Surge, Chemical Market, Downward Trend.

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Indian Perchloroethylene prices

Perchloroethylene prices in Delhi moved sharply lower this week as the domestic market continued the decline already visible through the previous month. The product settled at Rs 95.00/kg, down from Rs 103.00/kg during the prior week, extending the recent correction in trading values. Buyers remained cautious as market volatility stayed elevated following the rapid swings recorded earlier this quarter. Indian Perchloroethylene prices are now trading well below the highs observed during early April after a steep correction from recent peak levels.

The market has declined by Rs 27.00/kg over the past month, although broader comparisons still indicate recovery from earlier lows. Three-month data shows an increase of Rs 17.00/kg, while six-month comparisons reflect a gain of Rs 9.00/kg. Support continues to be monitored near Rs 78.00/kg, with resistance identified around Rs 95.00/kg as traders assess near-term positioning. Indian Perchloroethylene prices continue to show considerable movement within a wide range despite the recent downward trend, while Perchloroethylene prices in India remain under close observation because of the notable fluctuations seen in domestic trade, Perchloroethylene, Delhi Market, Selling Pressure, Chemical Market, Downward Trend.

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Indian Toluene prices

Toluene prices in Mumbai moved lower this week as the domestic market extended the softer trend observed during the past month. The latest assessment closed at Rs 104.00/kg, compared with Rs 108.00/kg in the previous week, reflecting a decline of Rs 4.00/kg. Indian Toluene prices therefore weakened after recent gains, although the current market structure continues to remain stronger than levels seen earlier this year. Trading activity remained relatively stable, with buyers maintaining measured procurement patterns while monitoring downstream consumption trends and inventory movement.

Despite the latest weekly decline, prices are still Rs 29.50/kg above the Rs 74.50/kg level recorded three months ago, highlighting the substantial recovery witnessed during the quarter. Monthly comparisons, however, show a decline of Rs 8.00/kg from Rs 112.00/kg recorded a month ago. Indian Toluene prices have also fluctuated within a wider range between Rs 62.50/kg and Rs 113.00/kg, underlining continued volatility in the domestic market. Toluene prices in India are presently consolidating near Rs 104.00/kg, while support is visible around Rs 96.00/kg and resistance is being tracked near Rs 104.00/kg. Buyers and traders continue evaluating market direction closely as procurement activity remains cautious in the current trading environment, Toluene, Price Decline, Market Range, Chemical Market, Downward Trend.

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Indian Wet Slurry prices

Wet Slurry prices softened this week following the sharp rally observed during the last several months, while the domestic market continued to trade within a relatively stable range. Indian Wet Slurry prices settled at Rs 270.00/kg, down Rs 10.00/kg from last week. The market also recorded a fortnightly decline of Rs 10.00/kg, although values remained Rs 10.00/kg higher compared with one month earlier. Trading activity stayed comparatively balanced during the week, with buyers and suppliers carefully monitoring near-term procurement requirements.

Broader market comparisons continue to indicate significant gains from earlier lows. Prices have increased by Rs 131.00/kg over the last three months from Rs 139.00/kg, while six-month comparisons show an increase of Rs 134.00/kg. The recent market also touched a high near Rs 284.00/kg before easing toward the present range. Support remains visible around Rs 270.00/kg, whereas resistance is observed near Rs 280.00/kg. Indian Wet Slurry prices continue to consolidate after the recent rally as market participants evaluate inventory movement and future demand conditions. Traders monitoring Wet Slurry prices in India are assessing whether the current support range can maintain stability during the coming weeks, Wet Slurry, Price Correction, Recent Highs, Chemical Market, Downward Trend.

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Indian Formic Acid prices

The Mumbai Formic Acid market remained under pressure this week as prices continued their downward movement from recent highs. The latest assessment placed material at Rs 58.00/kg, reflecting a weekly decline of Rs 2.00/kg from Rs 60.00/kg recorded during the previous week. The market has also fallen Rs 8.00/kg over the past month, highlighting sustained softness across domestic trading activity. Indian Formic Acid prices have shown continued volatility as buyers adopt a more cautious approach toward fresh procurement amid uncertain market direction.

Fortnightly comparisons revealed a decline of Rs 5.00/kg, reinforcing the broader short-term bearish structure. However, the three-month comparison still showed gains of Rs 6.50/kg from Rs 51.50/kg, indicating that prices had recovered earlier in the year before the current correction emerged. Six-month comparisons reflected a decline of Rs 5.00/kg from Rs 63.00/kg. The market recently touched highs near Rs 67.00/kg before weakening toward present levels. Indian Formic Acid prices continue to trade near key support and resistance zones, with support observed around Rs 51.50/kg and resistance near Rs 60.00/kg. Formic Acid prices in India remain closely monitored as procurement teams assess future market stability, Formic Acid, Market Softening, Price Decline, Chemical Market, Downward Trend. Read the full verified update on IndianPetrochem.com.

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Indian DOTP prices

The DOTP market recorded another weekly decline in Mumbai as recent volatility continued influencing domestic trade. Indian DOTP prices fell by Rs 8/kg and closed at Rs 178/kg compared with Rs 186/kg in the previous week. The correction follows a broader decline observed over the last month, during which prices retreated sharply from earlier highs. Market sentiment remained cautious as traders evaluated downstream demand and inventory movement while prices stayed near the lower side of the current trading range.

Monthly data indicates that the product has dropped by Rs 32/kg from Rs 210/kg, though the broader trend still reflects strong recovery from earlier lows. Over three months, the market has gained Rs 60/kg from Rs 118/kg, while six-month gains stand at Rs 62/kg. Indian DOTP prices continue to hold above the important Rs 178/kg level, which traders are monitoring closely for near-term support. Resistance remains near Rs 211/kg, the recent yearly high. DOTP prices in India therefore remain exposed to further volatility if the market weakens below current support levels. Domestic buyers are continuing to monitor short-term procurement opportunities amid fluctuating pricing conditions,. DOTP, Mumbai Market, Price Correction, Plasticizer Market, Downward Trend.

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Indian Acetone prices

Acetone trading in Mumbai remained under pressure this week as the market extended its downward trend from earlier elevated levels. Indian Acetone prices slipped to Rs 139.00/kg from Rs 143.00/kg last week, reflecting a weekly decline of Rs 4.00/kg. The fortnightly correction was even sharper, with prices falling Rs 21.00/kg over the two-week period. Buyers continued to track softer domestic offers as the market adjusted from the strong values recorded during the previous month.

Monthly comparisons indicate a substantial decline from Rs 205.00/kg, highlighting the sharp correction now visible in the domestic market. However, broader comparisons still point to strong gains over earlier quarters. Acetone increased by Rs 82.75/kg over the past three months, rising from Rs 56.25/kg to current levels. The highest recorded value during the observed period reached Rs 210.00/kg, while the lowest was Rs 56.25/kg, demonstrating significant volatility across recent trading cycles. Indian Acetone prices continue to face resistance around Rs 143.00/kg and support near Rs 130.00/kg as the market searches for stability. Acetone prices in India are therefore being monitored closely by procurement teams and traders evaluating short-term purchasing decisions, Acetone, Price Correction, Market Softening, Chemical Market, Downward Trend.

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Indian Acetic Acid prices

Acetic Acid trading in Mumbai remained under pressure this week as the market extended its broader monthly decline. Indian Acetic Acid prices moved lower by Rs 0.75/kg from the previous week and were assessed at Rs 47.25/kg. Domestic transactions continued to reflect weaker sentiment following a substantial fall over recent weeks. Buyers monitored softer offers as trading activity remained concentrated near the lower end of the recent price band.

The market has declined sharply by Rs 18.75/kg from Rs 66.00/kg recorded a month earlier, demonstrating the extent of the correction seen in recent trading sessions. However, longer-term comparisons still indicate stronger pricing compared with earlier quarters. Three-month data reflects a gain of Rs 8.00/kg, while six-month comparisons show an increase of Rs 19.25/kg from November levels. The highest observed value in the period touched Rs 67.00/kg and the lowest reached Rs 28.00/kg, highlighting substantial market volatility. Indian Acetic Acid prices continue to fluctuate between resistance near Rs 48.00/kg and lower levels around Rs 39.25/kg. Acetic Acid prices in India are therefore being closely tracked by traders and procurement teams seeking clearer direction in domestic supply conditions, Acetic Acid, Price Decline, Mumbai Market, Chemical Market, Downward Trend.

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