Indian DOA prices
The Delhi DOA market witnessed a steep decline this week as prices corrected sharply from recent highs. The latest domestic assessment placed material at Rs 172.00/kg, down Rs 40.00/kg from the previous week. The rapid fall has altered short-term buying sentiment and increased caution among traders and downstream processors. Indian DOA prices have also declined Rs 53.00/kg over the past month, highlighting sustained pressure after earlier upward movement. Trading activity reflected heightened volatility, with market participants carefully evaluating fresh procurement strategies amid fluctuating price indications.
Despite the current weakness, medium-term comparisons still show notable recovery from earlier low levels. Three months ago, prices were assessed around Rs 145.00/kg, reflecting a gain of Rs 27.00/kg over that timeframe. The six-month comparison indicates an increase of Rs 42.00/kg from Rs 130.00/kg. The market recorded a yearly high near Rs 225.00/kg before the latest correction phase emerged. Indian DOA prices remain highly responsive to domestic trading momentum, particularly as prices approach important support levels around Rs 145.00/kg. DOA prices in India are also being tracked near the current resistance area around Rs 172.00/kg, which could influence near-term negotiations and inventory decisions, DOTP, Price Decline, Mumbai Market, Market Volatility, Plasticizer Market. Read the full verified update on IndianPetrochem.com.









