PS finishes higher as month view strengthens
PS closed the week with a firmer undertone, adding a modest gain while keeping trading steady. Indian PS prices were assessed at Rs 116.5/kg in Mumbai, up Rs 2/kg from Rs 114.5/kg a week earlier, reinforcing a controlled rise rather than a volatile jump. The fortnight comparison shows stability, with the available assessments indicating Rs 114.5/kg two weeks ago, leaving the latest move concentrated in the most recent week.
The month lens shows the bigger shift, with Rs 116.5/kg versus Rs 112/kg a month earlier, a rise of Rs 4.5/kg. Three-month context remains useful for procurement benchmarks: the recent low in the period was near Rs 109/kg, while the recent high is around Rs 116.5/kg, which matches the latest print. The three-month reference value of Rs 113/kg (around 90 days ago) sits below current levels, confirming that the quarter has firmed.
Year-on-year, the available assessment is lower at Rs 116.5/kg versus Rs 131/kg a year earlier. This contrast keeps the long view soft while the short view stays firm. Indian PS prices can be monitored against the Rs 109/kg and Rs 116.5/kg markers to distinguish small weekly moves from wider shifts in volatility. PS prices in India remain most readable when the weekly change is cross-checked against fortnight and month anchors, especially when the market trades in small increments, PS, PS Market, PS Prices, Finishes Higher, Stronger Monthly View, Polymer Market, Petrochemical Update.
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