Indian Elastomer Polyether prices
Elastomer Polyether prices registered another mild decline this week as the domestic market extended the softer movement seen during the last two weeks. Trading remained largely stable despite the correction, with buyers continuing to monitor short-term support levels and procurement opportunities. Indian Elastomer Polyether prices settled at Rs 157.00/kg, down Rs 3/kg from the previous week and lower by Rs 8/kg compared to the fortnight benchmark.
The broader market structure still reflects strength when compared with earlier quarterly levels. Over the last month, the commodity remained relatively unchanged around Rs 158.00/kg, while the three-month comparison showed an increase of Rs 19/kg. Annual trading patterns ranged between Rs 130.00/kg and Rs 165.00/kg, indicating a market that has remained active but controlled. Indian Elastomer Polyether prices are currently trading close to recent highs even after the latest correction phase. Traders also highlighted that Elastomer Polyether prices in India continue to show support near Rs 155.00/kg, while resistance is visible around Rs 160.00/kg. Procurement teams are watching for additional confirmation of stability before expanding fresh buying volumes in the near term, Elastomer Polyether, Polyether Market, Chemical Trade, Petrochemicals, Market Update, Commodity Prices.
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