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SM prices were assessed lower in the Mumbai market. A fluctuation in prices has been noticed in the domestic market. According to Petrochem sources, a weak regional demand led to the price fall. On September 27, 2021, SM prices in Mumbai for imported repack went down from Rs.116/Kg to Rs.114/Kg, a cut of Rs.2/Kg.
SM prices are slowly increasing in the Kandla port. According to trading sources a strong regional demand has contributed to the price rise. On July 10, 2021, SM prices (imported tanker load) went up from Rs.104/Kg to Rs.105/Kg, an increase of Re.1/Kg.
