#commoditytrends

Octanol prices posted a modest increase in the final week of December, reinforcing a firmer tone that has developed over the past fortnight. Indian Octanol prices were assessed at Rs 120.00/kg on December 31, up Rs 1.00/kg week on week, keeping values close to the recent three-month high. Trading through the week remained steady, with small daily movements and no abrupt shifts despite the upward bias.

Short-term comparisons underline the improvement. Prices are Rs 5.00/kg higher than Rs 115.00/kg on December 17, while the month-on-month view shows a rise of Rs 5.50/kg from Rs 114.50/kg at the start of December. Over a three-month horizon, the market is Rs 4.00/kg firmer than the Rs 116.00/kg level recorded on October 2, indicating a gradual strengthening pattern. Indian Octanol prices have thus edged higher without breaking out of their established band.

From a broader perspective, the six-month comparison places current values Rs 5.00/kg below Rs 125.00/kg seen on July 4, while the year-on-year comparison shows prices Rs 8.00/kg lower than Rs 128.00/kg on December 31, 2024. Octanol prices in India have traded largely between Rs 113/kg and Rs 120/kg over recent months. Support is observed near Rs 113/kg, with resistance around Rs 120/kg continuing to guide market positioning, Octanol, Chemical Prices, Petrochemical Market, Commodity Trends, Price Firming, Global Trade, Market Update, Chemical Industry, Supply Demand, Price Range.

Read the full verified update on IndianPetrochem.com.

Domestic ABS values have shown a clear but controlled rebound, drawing attention from procurement and trading participants tracking short-term movements. Prices ended the week at Rs 145/kg, up Rs 5/kg from the previous week, confirming that the recent recovery phase is holding.

Weekly and fortnight trends indicate firming momentum, with Indian ABS prices gaining Rs 5/kg over the past two weeks. On a monthly basis, the increase stands at Rs 6/kg, signalling a gradual improvement following earlier declines. This recovery has brought prices closer to the upper end of the recent trading spectrum, though they remain below the three-month high near Rs 153/kg. On a three-month comparison, ABS is still Rs 8/kg lower, highlighting that the wider correction has not been fully offset.

Trading activity over the quarter has been characterised by moderate volatility. Prices have largely fluctuated between Rs 139/kg at the lower end and Rs 153/kg at the top, forming a defined operating range. Recent weekly gains have narrowed this band, but resistance near the upper level continues to cap advances. Support is observed around Rs 139/kg, offering a reference point for downside stability, ABS Market, Polymer Industry, Plastics Market, Commodity Trends, Petrochemicals, Polymer Prices, Industrial News, Market Update.For buyers and sellers assessing current positioning, ABS prices in India suggest a stabilising market rather than a sharp directional shift. Indian ABS prices are improving, yet the pace remains measured. Read the full verified update on IndianPetrochem.com.

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