#marketcorrection

Oversold = Opportunity? Master the Mauka Strategy for Market Corrections | Prashant Shah

RSS3 rubber recorded a weekly decline after maintaining stability near elevated levels for much of the previous month. Prices were assessed at Rs 245/kg on 1 June, compared with Rs 260/kg a week earlier. The adjustment marked a Rs 15/kg decrease and followed several weeks of limited movement. Indian RSS3 Rubber prices nevertheless remain comfortably above levels recorded during the opening months of the year.

A broader view shows that month-on-month values were largely unchanged, with prices also trading around Rs 260/kg at the beginning of May. Recent activity included a high near Rs 270/kg and a lower point around Rs 156/kg. The longer-term trend remains stronger, with prices increasing from roughly Rs 159/kg three months ago and about Rs 143/kg six months ago. Current assessments are also above the Rs 163/kg level recorded one year earlier. Indian RSS3 Rubber prices continue to reflect the significant recovery achieved across the broader period despite the recent pullback. RSS3 Rubber prices in India therefore remain positioned well above earlier benchmarks even after the latest decline.

Support is visible near Rs 230/kg, while resistance remains around Rs 270/kg,Market Correction, Price Consolidation, Commodity Market, Market Trends, Trading Update, Price Movement.

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Methyl Methacrylate moved lower this week after a strong earlier rise, giving buyers a fresh view of short-term market movement. Indian Methyl Methacrylate prices closed at Rs 270.00/kg, down Rs 10.00/kg from last week. The weekly correction follows a recent period when levels were near Rs 275.00/kg, showing a shift in market sentiment after earlier gains. Even with the fall, current values remain considerably higher than levels seen in previous months.

The product is still Rs 25.00/kg above last month’s Rs 245.00/kg, showing that the latest decline has not erased the broader monthly gain. The three-month movement is stronger, with Methyl Methacrylate rising from Rs 165.00/kg to Rs 270.00/kg. During this period, prices touched a high of Rs 300.00/kg and a low of Rs 165.00/kg. The six-month low of Rs 138.00/kg also highlights the wider recovery from earlier weakness. Support is seen around Rs 265.00/kg, while resistance is placed near Rs 280.00/kg. Indian Methyl Methacrylate prices remain firm compared with earlier anchors, while Methyl Methacrylate prices in India now reflect a weekly correction after recent strength, Methyl Methacrylate, Market Correction, Upward Run, Chemical Market, Price Trend, Trade Update.

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Methyl Isobutyl Ketone prices eased this week as the domestic market continued correcting from recent highs. Indian Methyl Isobutyl Ketone prices were assessed at Rs 135.00/kg, reflecting a weekly decline of Rs 4.00/kg. The market has also fallen Rs 25.00/kg over the past month.

Although recent movement has been softer, the broader trend still reflects recovery from earlier lows. The current price remains well above the three-month low of Rs 91.26/kg, while the six-month comparison indicates a rise of Rs 46.00/kg from Rs 89.00/kg. Earlier trading had also reached Rs 145.00/kg only two weeks ago before the latest pullback.

Indian Methyl Isobutyl Ketone prices are currently holding near support around Rs 130.00/kg, while resistance is visible close to Rs 140.00/kg. Methyl Isobutyl Ketone prices in India continue to influence procurement activity, supplier negotiations, and inventory management decisions for industrial buyers monitoring domestic volatility, MIBK, Market Correction, Recent Gains, Chemical Market, Trade Update, Price Trend.

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Paraquat prices slipped this week, closing at Rs 365.00/kg after falling Rs 15.00/kg from last week’s Rs 380.00/kg. Indian Paraquat prices also declined by Rs 11.00/kg over the fortnight, marking a short-term pullback from recent highs.

The product was at Rs 377.00/kg one month ago, so the current level reflects moderation from that point. Over three months, Paraquat remains higher by Rs 75.00/kg from Rs 290.00/kg. In the six-month view, the product has gained Rs 155.00/kg from Rs 210.00/kg. The latest high-side marker is Rs 380.00/kg, while the low-side marker is Rs 290.00/kg. Paraquat prices in India continue to show volatility, with weekly weakness set against broader gains over three and six months. Indian Paraquat prices remain important for procurement teams assessing market baselines and purchase timing, Paraquat prices retreat from elevated levels, Paraquat, Agrochemicals, Chemical Prices, Market Correction, Industrial Chemicals, Chemical Market.

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BDGE prices corrected this week after a strong earlier recovery. Indian BDGE prices declined Rs 9/kg to Rs 200.00/kg from Rs 209.00/kg last week, while the fortnightly trend still shows a Rs 26.00/kg gain.

The product remains Rs 40.00/kg higher than a month ago and Rs 70.00/kg above the three-month level of Rs 130.00/kg. Six months ago, BDGE was at Rs 123.00/kg. The yearly low was Rs 119.00/kg, while the recent high was Rs 209.00/kg. Indian BDGE prices continue to trade at elevated levels despite the weekly decline. BDGE prices in India show support near Rs 200.00/kg and resistance near Rs 209.00/kg, BDGE market corrects after recent peak, BDGE, Epoxy Resin, Chemical Market, Petrochemicals, Market Correction, Industrial Chemicals.

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Adipic Acid prices moved lower in Ahmedabad this week, with the latest assessment showing a Rs 7/kg decline from the previous week. Indian Adipic Acid prices stood at Rs 172.00/kg on May 20, 2026, down from Rs 179.00/kg a week earlier. The market has also registered a fortnightly decline of Rs 4.00/kg, confirming a softer near-term trend.

The monthly comparison shows a sharper reduction, as prices were at Rs 188.00/kg a month ago, implying a decline of Rs 16.00/kg. However, the three-month anchor remains much stronger, with current levels Rs 50.00/kg higher than the Rs 122.00/kg recorded three months earlier. Recent trading has moved between Rs 122.00/kg and Rs 194.00/kg, leaving the latest level near the lower side of the recent range. Indian Adipic Acid prices are being tracked around Rs 172.00/kg support and Rs 179.00/kg resistance. Adipic Acid prices in India continue to show measured movement as traders assess the recent downtrend, Adipic Acid, Ahmedabad Market, Chemical Prices, Market Correction, Petrochemicals, Commodity Trading.

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The Polycarbonate market in Mumbai registered a mild weekly correction, with prices easing by Rs 4.00/kg from the previous level. Current market assessments placed the material at Rs 256.00/kg versus Rs 260.00/kg last week. The decline continued the softer movement observed over the past fortnight, while domestic trading conditions remained relatively stable. Indian Polycarbonate prices reflected cautious buying activity after the strong gains recorded earlier in the year. Month-on-month comparisons also indicated a decrease of Rs 6.00/kg from Rs 262.00/kg, suggesting that the market has entered a consolidation phase.

Although short-term prices moved lower, the wider trend remained positive. The market gained Rs 26.00/kg during the past three months from Rs 230.00/kg and maintained a substantial increase over the six-month period from Rs 220.00/kg. Year-on-year comparisons showed a gain of Rs 35.00/kg from Rs 221.00/kg, highlighting sustained domestic strength. Indian Polycarbonate prices have continued trading within the broader yearly range between Rs 208.00/kg and Rs 264.00/kg. Buyers monitoring Polycarbonate prices in India are observing support near Rs 250.00/kg and resistance around Rs 260.00/kg as the market seeks improved stability, Polycarbonate, Chemical Prices, Domestic Trade, Market Correction, Petrochemicals, Commodity Trading.

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