Indian LAB prices
LAB prices in Kandla have surged dramatically this week, reaching Rs 300.00/kg after a steep rise of Rs 105.00/kg from Rs 195.00/kg. This sharp increase highlights an active domestic market with strong upward movement in a short span. The latest trend reflects sustained buying interest and rapid price adjustments, placing the product at its highest level in the current cycle. Indian LAB prices are now reflecting a high-volatility environment, with sharp gains recorded across multiple timeframes.
The broader price trend reinforces the strength of this movement. LAB has increased by Rs 110.00/kg over the last fortnight and by Rs 142.00/kg over the past month. Over three months, prices have risen by Rs 168.00/kg from Rs 132.00/kg, while the six-month gain stands at Rs 157.00/kg from Rs 143.00/kg. The highest level in the recent period is Rs 300.00/kg and the lowest Rs 127.00/kg, indicating a wide fluctuation range. Indian LAB prices continue to reflect strong upward momentum, while LAB prices in India are currently trading at peak levels within this range. The market structure suggests active participation, with traders closely monitoring movements between Rs 300.00/kg and Rs 195.00/kg as key levels. The current pattern highlights a dynamic domestic market with pronounced price swings and strong recovery from earlier lows, LAB, LAB Market, Weekly Gain, Market Spike, Petrochemicals, Strong Trend.
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