#marketcooling

[petrochemindian]

Indian LAB prices

Kandla LAB values eased in the latest reading, with the market settling at Rs 294.00/kg after declining Rs 6.00/kg from the previous day’s level and stepping back from the recent Rs 300.00/kg peak. Even with this pullback, the broader trend remains strongly positive, as the latest quote is still far above earlier domestic baselines. Indian LAB prices have therefore retained a firm overall tone despite the latest correction, and the market continues to trade near elevated territory after a very sharp rise over recent weeks. For readers tracking short-term domestic price direction, the latest move looks more like a pause after rapid gains than a reversal of the broader uptrend.

The supporting historical data remains striking. Over the past fortnight, the product has advanced by Rs 99.00/kg, while the monthly increase has reached Rs 119.00/kg. In the three-month comparison, prices have risen by Rs 163.75/kg from Rs 130.25/kg, and the six-month view shows a gain of Rs 152.50/kg from Rs 141.50/kg. The current market is still trading close to a one-year high even after easing from the Rs 300.00/kg peak, which indicates how strong the previous rally has been. Support is identified around Rs 290.00/kg and resistance near Rs 300.00/kg. Indian LAB prices remain critical for domestic cost monitoring, and LAB prices in India continue to reflect a market that has seen large gains and is now adjusting within a still-firm trading band, LAB, Kandla Market, Market Cooling, Price Correction, Petrochemicals, Trend Shift.  Read the full verified update on IndianPetrochem.com.

[indianchem]

 RSS loses momentum after testing recent top end

RSS ended the week on a weaker note after briefly testing the recent high, shifting the market away from the tighter pattern seen earlier in April. Indian RSS prices were assessed at Rs 238/kg on April 16, compared with Rs 266/kg a week earlier. The market had moved up to Rs 268/kg on April 14-15 before dropping sharply, leaving a noticeably wider weekly band than in prior sessions. Earlier in the week, daily movement stayed narrow, with several assessments holding between Rs 264/kg and Rs 268/kg. This makes the latest decline more significant from a short-term monitoring standpoint, even though the wider domestic price structure remains far above earlier benchmarks.

The broader comparison still shows a strong market over one month, three months, and six months. RSS is higher by Rs 3/kg from Rs 235/kg a month ago, up Rs 79/kg from Rs 159/kg three months ago, and stronger by Rs 98/kg from Rs 140/kg six months ago. Indian RSS prices also remain above the year-ago level by Rs 90/kg from Rs 148/kg. RSS prices in India continue to trade well above the lower one-month marker around Rs 225/kg, while the recent high near Rs 268/kg defines the current upper boundary. Indian RSS prices therefore remain elevated even after this week’s retreat, with the market now being tracked more for range behavior than for a clear short-term direction,RSS, loses momentum, after testing, recent top end, market cooling, upside fades, trend shift.Read the full verified update on IndianPetrochem.com

[petrochemindian]

Indian Acetic Acid prices

The acetic acid market has shown a slight pullback this week following a strong upward phase. Indian Acetic Acid prices eased to Rs 63.50/kg, down Rs 2.50/kg, indicating short-term correction after touching recent highs near Rs 67.00/kg. The decline comes after a robust fortnightly gain, keeping Indian Acetic Acid prices in a volatile but upward trajectory.

Monthly performance remains strong, with a notable rise from Rs 51.00/kg levels. Over three months, prices surged by Rs 27.75/kg, while six-month gains reached Rs 32.25/kg, reflecting consistent market strength. Acetic Acid prices in India continue to stay well above historical lows seen near Rs 28.00/kg last year. Indian Acetic Acid prices are currently holding above mid-range support, with Rs 54.00/kg acting as a key downside level and Rs 66.00/kg as resistance, Acetic Acid, Acetic Acid Market, Market Cooling, Recent Highs, Petrochemicals, Price Correction.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian C9 Solvent prices

C9 Solvent prices witnessed a moderate decline this week, marking a pause after a strong rally over recent weeks. Indian C9 Solvent prices in Kandla were assessed at Rs 121.00/kg, reflecting a weekly drop of Rs 4.00/kg while still holding significantly above earlier levels.

The market had reached a high of Rs 135.00/kg three weeks ago, demonstrating strong upward pressure before the latest correction. Over the past month, the product has risen by Rs 18.00/kg from Rs 103.00/kg, indicating sustained demand support. In the broader trend, Indian C9 Solvent prices have surged by Rs 41.00/kg over three months and Rs 51.00/kg over six months, showcasing a firm long-term trajectory despite short-term volatility.

Current trading patterns suggest stability around Rs 121.00/kg, with lower support emerging near Rs 103.00/kg. Participants tracking C9 Solvent prices in India are closely watching these levels to assess potential directional movement in the near term. Indian C9 Solvent prices remain elevated, keeping procurement strategies focused on timing and cost optimization, C9 Solvent, C9 Market, Market Cooling, Recent Highs, Petrochemicals, Price Correction.

Read the full verified update on IndianPetrochem.com.