#recentlows

[petrochemindian]

Indian PTMEG prices

PTMEG prices have edged lower this week after a strong upward phase, reflecting mild correction while maintaining overall strength. Indian PTMEG prices declined by Rs 3/kg to Rs 287.00/kg, following a recent rally that lifted the market significantly over the past month.

The monthly trend remains strong, with a gain of Rs 37.00/kg, while the three-month increase stands at Rs 39.00/kg. Prices had reached a peak of Rs 324.00/kg earlier this month before easing back, positioning current levels near the lower end of the recent range. Over a six-month horizon, PTMEG has risen by Rs 30.00/kg, highlighting sustained upward movement. Indian PTMEG prices continue to reflect resilience, with PTMEG prices in India supported by stable demand and controlled fluctuations.

From a trading perspective, Rs 275.00/kg acts as a key support level, while Rs 290.00/kg remains the resistance threshold. Market participants are closely tracking these levels for procurement timing and price stability, PTMEG, Price Slip, Market Firmness, Recent Lows, Petrochemicals, Trend.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

SAN market stabilises near recent lows

SAN prices have moved into a steadier phase after weakening through much of December. The domestic market recorded a flat weekly close at Rs 142/kg, signalling that the earlier downward momentum has eased for now. Indian SAN prices have stabilised near recent lows, following several weeks of gradual decline that pushed values lower by early winter standards.

Looking at the broader timeline, prices are down Rs 9/kg on both a fortnight and one-month comparison. This consistent decline across short-term measures suggests a controlled softening rather than abrupt volatility. Over the past three and six months, prices are also lower by Rs 9/kg, underlining that the weakness has been extended and persistent. Within the last month, prices fluctuated between a high near Rs 152/kg and the current low, before flattening out in the most recent week.

On an annual basis, SAN prices are Rs 10/kg lower compared with the same period last year, confirming a longer-term adjustment in the domestic market. Recent sessions have seen reduced volatility, with price movements narrowing as the market finds balance. Indian SAN prices are now trading close to visible support at Rs 142/kg, while resistance remains around Rs 152/kg. SAN prices in India continue to reflect a subdued but stable market environment, SAN Market, Market Stabilises, Recent Lows, Chemical Industry, Petrochemical Market, Price Trend, Industry News, Market Update, Supply Demand, Commodity Market.

Read the full verified update on IndianPetrochem.com.