Prices recover after brief early July weakness
SBS has moved higher during the latest reporting period, recovering the losses seen earlier in the month and returning close to previous trading levels. Indian SBS prices finished at Rs 256/kg in the Ahmedabad domestic market on 13 July, up Rs 9/kg from Rs 247/kg a week earlier. The increase followed several sessions of unchanged pricing before the market registered a stronger upward adjustment.
The fortnight trend confirms that the early July decline has been fully reversed, while the monthly picture shows values moving back toward earlier highs. Trading activity remained relatively stable with limited day-to-day fluctuations, keeping the broader market within a defined recent range of around Rs 236/kg to Rs 256/kg. Indian SBS prices have therefore returned to the upper end of that range without signs of abrupt price swings. SBS prices in India continue to reflect measured market conditions, with support observed near Rs 236/kg and resistance around Rs 256/kg, offering useful reference levels for procurement planning and market assessment.
Read the full verified update on IndianPetrochem.com.
