Ethanol prices remain range-bound on weekly view
Ethanol prices in the Indian domestic market showed no change this week, maintaining a stable tone after a quiet fortnight. Indian Ethanol prices closed at Rs 80/kg, unchanged from the previous week, with trading conditions remaining predictable and free from sharp fluctuations.
On a month-on-month basis, prices have moved within a very narrow band. The market briefly touched Rs 81/kg earlier in the month before easing back, while the lowest levels were also seen near Rs 80/kg. This limited range highlights the subdued volatility that has defined recent activity. Over a three-month horizon, prices are largely unchanged, reinforcing the view that the market has remained balanced over an extended period. Indian Ethanol prices have therefore provided consistent benchmarks for procurement planning. Ethanol prices in India are marginally lower compared with the same period last year, but the difference has not disrupted the stable short-term structure.
Support near Rs 80/kg and resistance around Rs 81/kg continue to frame short-term movements. These clearly defined levels help guide inventory planning and contract discussions, keeping decisions anchored to a predictable pricing environment, Ethanol Prices, Biofuel Market, Alcohol Chemicals, Price Range, Market Stability, Commodity Trends, Chemical Market, Energy Feedstock, Industry Update, Weekly Outlook.
Read the full verified update on IndianPetrochem.com.
