Pendimethalin strengthens on short-term recovery
Pendimethalin prices have moved higher over the past fortnight, reversing part of the softness seen earlier in the quarter. The latest assessment shows prices at Rs 260/kg on December 26, marking a Rs 5/kg weekly gain. Indian Pendimethalin prices have now edged closer to the upper end of the recent range, reflecting firmer short-term sentiment.
Fortnightly comparisons show prices rising from Rs 245/kg, highlighting the strength of the recent rebound. On a three-month view, values are higher versus Rs 247/kg, indicating recovery relative to earlier quarter levels. Trading conditions have remained stable, but the recent climb has been more pronounced than the gradual adjustments seen previously.
The broader context remains mixed. Compared with a month ago, prices are slightly lower than Rs 265/kg, confirming that the rebound follows a softer phase. Longer-term benchmarks also remain under pressure, with six-month levels down from Rs 284/kg and year-on-year comparisons lower versus Rs 323/kg. Over the last 90 days, prices have ranged between Rs 240/kg and Rs 270/kg, with current levels leaning toward the upper side of that band. Support is near Rs 245/kg, while resistance is around Rs 265/kg. Pendimethalin prices in India are therefore balancing short-term recovery against softer longer-term comparisons, Pendimethalin, Herbicide Action, Weed Management, Crop Protection, Agro Chemicals, Short Term Recovery, Soil Applied, Pre Emergence, Farm Productivity, Sustainable Farming.
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