Ethanol slips modestly after late-December stability
Ethanol prices edged lower in the final week of December, giving up a short-term level that had held earlier in the month. Indian Ethanol prices in Mumbai were assessed at Rs 80.00/kg on December 31, down Rs 1.00/kg from a week earlier. The decline was measured, with trading staying steady and daily movements limited despite the softer direction.
The fortnight comparison also reflects easing, with prices Rs 1.00/kg below Rs 81.00/kg on December 17. On a month-on-month basis, the market is Rs 2.00/kg lower than Rs 82.00/kg recorded on December 1. These short-term moves underline a softer month view, even as overall volatility remains low. Indian Ethanol prices have therefore drifted lower rather than shifting sharply.
In a wider context, the three-month comparison shows prices Rs 5.00/kg higher than Rs 75.00/kg on October 2, highlighting improvement versus early-quarter levels. However, the six-month view places current values Rs 3.00/kg below Rs 83.00/kg seen on July 4. The year-on-year comparison is slightly lower, with prices Rs 1.00/kg below Rs 81.00/kg on December 31, 2024. Ethanol prices in India have traded between Rs 75/kg and Rs 82/kg in recent months. Support is observed around Rs 75/kg, with resistance near Rs 82/kg guiding current procurement considerations, Ethanol Prices, Ethanol Market, Biofuel Industry, Chemical Prices, Price Trend, Market Update, Energy Market, Commodities, Supply Demand, Industry News.
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