Indian MEK prices
MEK prices have rebounded significantly this month despite a slight weekly dip, reflecting strong volatility and upward momentum. Indian MEK prices in Kandla are currently assessed at Rs 360.00/kg, down from Rs 390.00/kg last week but sharply higher than Rs 140.00/kg recorded a month ago. The market has experienced a rapid recovery phase driven by strong fortnightly and monthly gains.
Prices have risen by Rs 220/kg over the past month and Rs 100/kg in the last fortnight, highlighting aggressive upward movement. Over the last three months, prices surged from Rs 86.75/kg, while the six-month trend shows an increase from Rs 92.50/kg. Indian MEK prices continue to reflect strong volatility across the domestic market. MEK prices in India have traded within a wide range between Rs 86.75/kg and Rs 390.00/kg, indicating fluctuating market conditions.
Key resistance is observed at Rs 390.00/kg, with support around Rs 260.00/kg. Market participants are closely monitoring these levels as prices approach upper resistance zones, MEK, MEK Market, Monthly Gains, Market Surge, Petrochemicals, Strong Trend.
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