Maleic Anhydride values in Mumbai moved sharply higher this week, extending the strong rise seen over the past month. Indian Maleic Anhydride prices were reported at Rs 240.00/kg, showing an increase of Rs 85.00/kg from the previous week. The market has also recorded a fortnightly gain of Rs 119.00/kg and a monthly rise of Rs 120.00/kg. The latest assessment places prices at the recent high, with trading showing notable volatility as the market adjusts to the rapid increase.
The broader comparison highlights the scale of the upward movement. Over three months, Maleic Anhydride prices have risen by Rs 161.00/kg from Rs 79.00/kg. Over six months, the market has gained Rs 147.50/kg from Rs 92.50/kg. The current level is far above the lower end of recent trading, which was around Rs 76.00/kg. Resistance is seen at Rs 240.00/kg, while support is placed around Rs 155.00/kg. Maleic Anhydride prices in India are now reflecting a stronger trading structure, with sharp weekly and monthly gains shaping procurement references. Indian Maleic Anhydride prices remain important for buyers tracking volatility, contract discussions, and supplier quotations in the domestic market, Maleic Anhydride, Mumbai Market, Sharp Rise, Chemical Market, Price Surge, Trade Update.
Read the full verified update on IndianPetrochem.com.