Domestic trade climbs toward upper market range
SEBS 751 continued its steady rise in the Ahmedabad domestic market this week, extending gains recorded through recent trading cycles. Indian SEBS 751 prices increased by Rs 13/kg during the latest weekly assessment and settled at Rs 268/kg on May 8 compared with Rs 255/kg a week earlier. Market activity remained comparatively controlled through most sessions, although a sharper upward adjustment was recorded toward the end of the trading cycle.
The latest movement has also placed the grade significantly above earlier monthly, quarterly, and half-year comparison levels. Current domestic values exceed the month-ago benchmark near Rs 246/kg and remain well above the three-month comparison around Rs 196/kg. Six-month positioning continues to show an even wider rise from approximately Rs 179/kg. Annual trade comparisons also indicate substantially firmer pricing than the same period last year. Recent movement has pushed the market close to the higher end of the broader observed range near Rs 268/kg, while the lower side remains near Rs 163/kg. Indian SEBS 751 prices therefore continue to reflect stronger medium-term trade conditions despite relatively measured day-to-day volatility. SEBS 751 prices in India are now being monitored closely as participants assess whether domestic trade can maintain levels above earlier resistance areas that limited movement during April,Domestic Trade, Market Rise, Upper Range, Trading Trend, Petrochemical Market, Rubber Market.
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