#postrallypause

[petrochemindian]

Indian Phthalic Anhydride prices

Phthalic Anhydride prices showed no change this week, signaling a stable phase after recent corrections. Indian Phthalic Anhydride prices remained at Rs 150/kg, unchanged from last week, though still lower by Rs 10/kg compared to a fortnight ago.

Monthly trends indicate a modest rise of Rs 5/kg, while earlier price action saw levels touching Rs 160/kg before stabilizing. Indian Phthalic Anhydride prices have demonstrated strong upward movement over the past three months, climbing from Rs 88/kg, reflecting sustained demand support. Current Phthalic Anhydride prices in India indicate consolidation, with support near Rs 145/kg and resistance around Rs 160/kg.

Market participants are observing stable conditions with limited volatility, suggesting a transition phase after earlier fluctuations, Phthalic Anhydride, Phthalic Anhydride Prices, Market Stability, Post Rally Pause, Chemical Market, Stable Trend.  Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian Methylpropanediol prices

Methylpropanediol continues to exhibit stable pricing behaviour this week, holding firm at Rs 235.00/kg with no change from the previous week. The consistency follows a gradual upward movement, where Indian Methylpropanediol prices have increased by Rs 10/kg over the past two weeks. This steady rise has strengthened the market position, with limited fluctuations indicating a controlled trading environment.

Looking at the broader trend, the product has experienced a sharp escalation over recent months. Prices have climbed by Rs 117.00/kg in the past three months and by Rs 121.00/kg over six months, marking a strong recovery from earlier levels around Rs 114.00/kg. The yearly range shows a low of Rs 110.00/kg and a peak at Rs 235.00/kg, underlining the significant price expansion. Indian Methylpropanediol prices remain supported by this momentum, with current levels acting as a stable reference. Methylpropanediol prices in India are currently navigating within a defined band, with support near Rs 230.00/kg and resistance at Rs 240.00/kg, Methylpropanediol, MPD Prices, Market Stability, Post Rally Pause, Chemical Market, Stable Trend.

Read the full verified update on IndianPetrochem.com.