Hexane slips as market adjusts from peak levels
Hexane prices moved lower this week, extending the adjustment seen after recent higher levels. Indian Hexane prices are currently assessed at Rs 127.00/kg, down Rs 3.00/kg from the previous week. The latest decline follows a larger Rs 23.00/kg fall over the past month, showing that the domestic market has moved away from recent highs. The current level is near the lower end of recent trading after the product reached Rs 170.00/kg earlier this year.
The three-month comparison shows a different trend, with Hexane rising by Rs 47.00/kg from Rs 80.00/kg to the current level. This highlights the volatility in the market and the sharp movement between lows and recent levels. Hexane prices in India are currently being watched around support near Rs 125.00/kg and resistance near Rs 130.00/kg. These levels provide a useful reference for buyers and sellers reviewing current offers. While the weekly and monthly movements are lower, the three-month change still reflects a significant gain. Indian Hexane prices remain relevant for procurement teams tracking the shift from recent highs to present lower levels and comparing short-term adjustments with broader market movement.
Read the full verified update on IndianPetrochem.com.