Indian POM prices
POM is holding firm this week after a sharp rise over the last three months, with domestic trade showing little fresh volatility at current levels. In Mumbai, the product is quoted at Rs 215.00/kg, unchanged from the prior week and still near the recent high recorded earlier this month. Indian POM prices remain supported after a fortnightly gain of Rs 5.00/kg and an equal monthly increase, indicating that the market has moved into a steadier phase after a fast climb.
The broader comparison continues to show strong improvement from earlier benchmarks. Over the last three months, the market has advanced by Rs 54.00/kg, while the year-on-year comparison shows a gain of Rs 32.00/kg against Rs 183.00/kg recorded last year. The recent trading band spans from a low of Rs 161.00/kg to a high of Rs 215.00/kg, confirming the extent of the upward reset in the market structure. Indian POM prices are therefore consolidating at the upper end of the recent range, while POM prices in India are being tracked closely around support at Rs 210.00/kg and resistance at Rs 215.00/kg. With prices steady at these levels, buyers and traders are monitoring whether the current firmness can be sustained without renewed volatility, POM, POM Prices, Market Stability, Top Range, Polymer Market, Stable Trend.
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