BPA reaches fresh recent high as momentum builds
Domestic BPA markets strengthened further this week, with prices extending gains seen over the past fortnight. Bisphenol A closed at Rs 121/kg, up Rs 3/kg from the previous week, marking the highest level recorded in the past month. The move builds on a Rs 6/kg rise over two weeks, confirming that Indian BPA prices have maintained upward momentum since late December.
The month view supports this trend, showing a steady climb from early December levels rather than sharp, isolated jumps. Over a three-month horizon, prices are modestly higher, indicating a gradual recovery across the quarter. This longer-term context highlights improvement without suggesting excessive volatility.
Trading patterns have also shifted. Prices have pushed above the earlier cap near Rs 120/kg, redefining the upper end of recent activity. The lower boundary of recent trading has been seen around Rs 115/kg, offering a clear reference beneath the current market. Weekly movements have become stronger, reflecting an increase in volatility compared with the slower pace observed earlier. Support near Rs 115/kg and resistance around Rs 121/kg now frame BPA prices in India, keeping the near-term structure well defined, BPA Prices, Bisphenol A Market, Chemical Market, Price Momentum, Fresh Highs, Polycarbonate Feedstock, Petrochemical News, Supply Demand, Commodity Update, Market Trends.
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