Polymeric MDI edges up to the month’s high
Polymeric MDI closed March 3 at Rs 172/kg, rising Rs 2/kg from last week and setting a firmer weekly reference. Indian Polymeric MDI prices have moved higher on the weekly and fortnight comparisons, with both reads showing a Rs 2/kg increase, while the month view is up Rs 1/kg, indicating gradual strengthening rather than a sudden shift.
The broader context remains mixed. Over three months, the benchmark is higher by Rs 12/kg, and the six-month comparison shows a Rs 3/kg increase. Year on year, prices are lower by Rs 33/kg, keeping the annual comparison softer even as the short-term structure improves.
In the last 30 days, the recent high was around Rs 172/kg and the recent low near Rs 170/kg. With the latest print at the top of that month window, Polymeric MDI prices in India are positioned near the recent month’s high, and trading has stayed steady with small moves. Indian Polymeric MDI prices can be tracked against the month’s low for stability checks and against the three-month anchor to confirm whether the current firmness is holding, Polymeric MDI, MDI Prices, Edges Up, Months High, Polyurethane Market, Petrochemicals, Price Trend.
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