Indian Vinyl Acetate Monomer prices
Vinyl acetate monomer prices have declined sharply this week, dropping by Rs 15/kg and reversing part of the recent upward movement. Indian Vinyl Acetate Monomer prices are now at Rs 195/kg, reflecting a notable shift from last week’s Rs 210/kg level.
Over the past two weeks, prices have fallen by Rs 25/kg, indicating increased volatility. However, Indian Vinyl Acetate Monomer prices remain Rs 5/kg higher compared to a month ago, highlighting some underlying stability. The broader trend remains strong, with a three-month increase of Rs 116.50/kg from Rs 78.50/kg, demonstrating significant growth momentum.
The market has seen a wide price range, with a recent high of Rs 220/kg and current levels near the lower end. Vinyl Acetate Monomer prices in India are stabilizing around Rs 195/kg, with support near Rs 190/kg and resistance at Rs 210/kg guiding trading activity.
This phase of correction and stabilization offers clearer entry points for buyers managing procurement strategies, Vinyl Acetate Monomer, Price Correction, Recent Surge, Market Pullback, Petrochemicals, Trend Shift.
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