Indian Cyclohexane prices
Cyclohexane prices in Kandla have softened slightly this week, continuing a gradual downward movement seen over the past month. Indian Cyclohexane prices slipped to Rs 109.00/kg, reflecting a weekly drop of Rs 1.00/kg and a broader fortnightly correction of Rs 3.00/kg. Despite this easing trend, trading activity remains stable with minimal fluctuations observed in recent sessions.
Looking at the wider trend, the market shows contrasting signals. Prices are lower by Rs 3.00/kg compared to a month ago but remain sharply elevated against the Rs 70.75/kg level recorded three months earlier, marking a rise of Rs 38.25/kg. Over a six-month period, Indian Cyclohexane prices have increased by Rs 32.00/kg from Rs 77.00/kg, highlighting a strong underlying uptrend. The annual range has been significant, with a peak of Rs 115.00/kg and a trough of Rs 70.75/kg. Cyclohexane prices in India are currently consolidating near the Rs 109.00/kg support level, with resistance observed around Rs 112.00/kg, indicating a steady and range-bound market environment, Cyclohexane, Price Stability, Market Support, Post Decline, Petrochemicals.
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