PVC Ahmedabad consolidates near lower range
PVC prices in Ahmedabad continued to edge lower over the past week, but the overall tone remained measured. PVC K57-01 was assessed at Rs 69.00/kg on December 19, down Rs 1.00/kg week on week. Over the last fortnight, the cumulative decline of Rs 3.00/kg has kept the market soft without introducing sharp swings. Indian PVC prices have therefore remained readable for buyers focused on short-term timing.
The wider month-on-month comparison highlights the main adjustment, with prices down Rs 8.00/kg from late November levels near Rs 77.00/kg. This places the current marker firmly near the lower end of recent trading. On a three-month basis, prices are Rs 7.00/kg lower than around Rs 76.00/kg, while the six-month comparison shows a decline of Rs 9.00/kg from Rs 78.00/kg. PVC prices in India have thus followed a gradual easing path rather than a sudden correction.
Year on year, the marker stands Rs 9.00/kg below the same period last year. Recent volatility has stayed contained, with recent weeks marked by small, incremental changes. The recent high around Rs 80.00/kg and repeated testing of Rs 69.00/kg underline a well-defined range. Indian PVC prices are now stabilising near lows, allowing procurement teams to work within clearer boundaries, PVC Ahmedabad, PVC prices, polymer market, petrochemicals, Indian plastics, market update, price consolidation.Read the full verified update on IndianPetrochem.com.
