Lauric Acid has steadied following a period of weakness earlier in the quarter, with recent sessions showing limited movement. The market has shifted into a calmer phase, marked by reduced volatility and a narrow trading range.
In the latest assessment, Indian Lauric Acid prices closed unchanged at Rs 132.00/kg. The flat weekly outcome follows a soft drift seen through November and December, with prices now holding close to the lower end of recent activity near Rs 130.00/kg. Over the past month, prices are little changed overall, reinforcing the view that the earlier adjustment has largely played out.
Looking over a three-month horizon, prices are lower by Rs 6.00/kg, reflecting the decline that defined the quarter. Recent trading has mostly been confined between Rs 130.00/kg and Rs 134.00/kg, and daily moves have remained small. Compared with last year, prices continue to sit at lower levels, keeping the broader picture subdued. The recent high around Rs 138.00/kg in October contrasts with more recent lows holding above Rs 129.00/kg, highlighting the shift toward stability. For those monitoring Lauric Acid prices in India, clearly defined support and resistance continue to guide short-term planning, while Indian Lauric Acid prices remain neutral within the established band. Support is seen near Rs 130.00/kg, with resistance around Rs 134.00/kg, Lauric Acid Prices, Fatty Acids, Oleochemicals, Chemical Market, Price Pause, Commodity Trends, Market Update, Supply Demand, Industrial Chemicals, Petrochemical News.
Read the full verified update on IndianPetrochem.com.