Lauric Acid market records fresh weekly decline
Lauric Acid prices moved lower this week, continuing the softer trend seen from the previous month. Indian Lauric Acid prices stood at Rs 270.00/kg, compared with Rs 286.00/kg last week, marking a decline of Rs 16.00/kg. The latest weekly fall places the product near the stated support level of Rs 270.00/kg. Resistance is noted at Rs 290.00/kg, giving market participants a clear reference range for monitoring recent movement.
The monthly comparison shows that prices have declined by Rs 50.00/kg, confirming a significant downward shift from earlier levels. Even with the recent correction, the product remains higher over longer timelines. It has gained Rs 25.00/kg over the past three months and Rs 35.00/kg over the past six months. Lauric Acid prices in India have traded between a high of Rs 351.00/kg and a low of Rs 196.00/kg, showing a wide price range. Domestic market activity has remained steady, while recent price changes reflect short-term adjustment from earlier highs. Indian Lauric Acid prices remain important for buyers tracking procurement baselines, support levels, resistance markers, and volatility across domestic trading.
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