#chennaimarket

IPA prices in Chennai moved higher this week, rising to Rs 142.00/kg from Rs 135.00/kg. Indian IPA prices increased by Rs 7.00/kg on a weekly basis, showing a rebound after recent softness. The fortnightly movement also indicates a Rs 2.00/kg increase, although the product remains well below the Rs 175.00/kg level recorded one month ago. The monthly decline of Rs 33.00/kg continues to show a volatile short-term pattern.

The broader comparisons provide important context for procurement teams. Over three months, IPA is higher by Rs 47.00/kg from Rs 95.00/kg, while the six-month comparison shows a rise of Rs 46.00/kg from Rs 96.00/kg. IPA prices in India remain far below the yearly high of Rs 270.00/kg, placing the current market closer to the lower end of recent trading. Support is seen around Rs 135.00/kg, while resistance is noted near Rs 175.00/kg. Indian IPA prices remain useful for buyers reviewing weekly rebounds, monthly corrections, and market volatility before planning stock replacement in Chennai, IPA, Weekly Recovery, Chennai Market, Chemical Market, Price Rise, Trade Update.

Read the full verified update on IndianPetrochem.com.

Caustic Soda Flakes prices in Chennai moved up sharply this week.

The product is currently priced at Rs 50.50/kg.

This is Rs 7.00/kg higher than last week’s Rs 43.50/kg.

The latest rise follows a more gradual recovery over the past fortnight.

In the fortnightly view, prices are up Rs 5.50/kg.

The move shows that the market is recovering from recent lower levels.

Over the past three months, Caustic Soda Flakes have traded in a wide range.

The higher level was around Rs 70.00/kg.

The lower end was Rs 43.50/kg.

The current level is now above the recent low and closer to the higher side of the near-term range.

Trading remains somewhat volatile, but the latest rebound has improved market sentiment.

Key levels to watch are Rs 50.50/kg on the high side and Rs 45.00/kg on the low side.

PP in Chennai recorded a modest weekly increase, with Indian PP prices closing at Rs 147.00/kg on May 18, 2026. The market gained Rs 1.00/kg from Rs 146.00/kg on May 15, extending a steady fortnightly tone. Despite this small rise, the product remains Rs 5.00/kg lower than one month ago, showing that near-term recovery is still limited.

The broader price picture reflects mixed movement. PP is far below the three-month high of Rs 173.00/kg, but it has improved by Rs 43.00/kg over the six-month period. Year-on-year, the price is up Rs 45.00/kg from Rs 102.00/kg, showing a stronger base compared with last year. Indian PP prices are currently moving near support around Rs 146.00/kg, while resistance is seen near Rs 152.00/kg. PP prices in India remain stable around current trading levels, with no major shift indicated in the immediate market structure, Chennai Market, Domestic Trade, Market Stability, Chemical Prices, Commodity Trading, Price Trend.

Read the full verified update on IndianPetrochem.com.

IPA trading activity in Chennai remained weak this week as domestic prices extended their recent correction. The benchmark price dropped by Rs 10.00/kg and settled at Rs 158.00/kg compared with Rs 168.00/kg in the previous assessment. Indian IPA prices have declined sharply over the past month, with the market losing Rs 104.00/kg after reaching elevated levels close to Rs 262.00/kg earlier in the trading cycle.

The last fortnight also reflected continued weakness, as prices moved down from Rs 182.00/kg to current levels. Market participants continue monitoring procurement patterns carefully due to heightened volatility across the domestic market. Despite the recent decline, the broader three-month comparison still indicates a gain of Rs 71.00/kg, while the current benchmark remains well above the three-month low of Rs 87.00/kg. Immediate support is visible near Rs 158.00/kg and resistance around Rs 168.00/kg as the market attempts to stabilize at lower levels. Indian IPA prices continue to attract attention from downstream industries managing raw material exposure and inventory planning. IPA prices in India remain an important reference for buyers evaluating short-term supply conditions and regional trading activity across southern markets, IPA, Isopropyl Alcohol, Chennai Market, Market Pressure, Chemical Market.

Read the full verified update on IndianPetrochem.com.

EVA prices in Chennai are steady at Rs 180.00/kg this week, unchanged from the previous week. Indian EVA prices have entered a stable phase after a noticeable correction over recent weeks.

On a monthly basis, prices have declined by Rs 25.00/kg from Rs 205.00/kg. The three-month trend shows a larger drop of Rs 38.00/kg from earlier highs of Rs 218.00/kg. Indian EVA prices are now trading near the lower end of recent levels, suggesting consolidation after volatility. Despite the recent declines, year-on-year prices remain higher by Rs 46.00/kg compared to Rs 134.00/kg, reflecting strong underlying demand trends. EVA prices in India are currently moving within a defined range, with limited weekly movement indicating market balance.

The broader range between Rs 180.00/kg and Rs 123.00/kg continues to guide trading activity and procurement planning, EVA, Ethylene Vinyl Acetate, Price Stability, Chennai Market, Petrochemicals.

Read the full verified update on IndianPetrochem.com.

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The Chennai PP market has posted another firm weekly move, with values rising by Rs 6.00/kg and staying close to the recent top of Rs 173.00/kg. Indian PP prices are now assessed at Rs 172.00/kg, underlining the strength that has developed over the last two weeks. The fortnightly gain stands at Rs 8.00/kg, and the latest increase keeps the market well above the lows seen earlier this year. For buyers tracking near-term replacement cost, the present range signals a clearly improved domestic trend.

The medium-term picture remains especially notable. Compared with one month ago, the market is only Rs 1.00/kg lower, but that narrow gap does not change the larger rebound. Over the past three months, values have surged by Rs 67.50/kg from Rs 104.50/kg, while year-on-year comparison shows a Rs 67.00/kg increase from Rs 105.00/kg. Indian PP prices therefore remain positioned near their recent peak, with support around Rs 166.00/kg and resistance close to Rs 173.00/kg. PP prices in India have shown moderate volatility in recent trading, suggesting a market that is rising without excessive weekly disruption. This makes the current range relevant for contract reviews, replenishment timing, and short-term inventory decisions, Polypropylene, PP Market, Chennai Market, Petrochemicals, Price Recovery, Market Strength. 

Read the full verified update on IndianPetrochem.com.