#marketrange

Phthalic Anhydride prices stayed stable this week as Mumbai market values continued at Rs 149.00/kg without any weekly change. Indian Phthalic Anhydride prices have shown steady movement recently, following a modest fortnightly rise of Rs 2.00/kg.

The market remains below the earlier high of Rs 160.00/kg and is currently Rs 11.00/kg lower than levels recorded one month ago. However, the longer-term trend continues to reflect stronger recovery, with a three-month gain of Rs 52.00/kg and a six-month rise of Rs 61.00/kg from Rs 88.00/kg. Phthalic Anhydride prices in India are now positioned near support around Rs 140.00/kg, while resistance remains close to Rs 160.00/kg. Procurement teams and traders continue tracking Indian Phthalic Anhydride prices as the market operates within a relatively predictable domestic trading range, Phthalic Anhydride, Chemical Market, Market Range, Petrochemicals, Commodity Prices, Trading Update.

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HDPE trading activity in Mumbai remained largely stable this week as market prices held unchanged at Rs 156.00/kg. Recent market behavior suggests consolidation after earlier corrections, with buyers maintaining cautious procurement strategies and sellers avoiding aggressive price revisions. Indian HDPE prices have displayed a balanced tone in recent sessions, reflecting controlled volatility and relatively steady spot availability across western India markets. The absence of major weekly fluctuations has encouraged participants to monitor near-term support and resistance levels before taking larger purchasing positions.

Compared to the previous month, the market has eased by Rs 3.00/kg from Rs 159.00/kg. The longer-term comparison indicates that prices have corrected by Rs 14.00/kg over the last three months from Rs 170.00/kg, although the six-month trend still reflects a significant gain of Rs 63.00/kg from Rs 93.00/kg. Indian HDPE prices are also sharply above the year-ago benchmark of Rs 95.00/kg, highlighting a yearly increase of Rs 61.00/kg. The yearly trading range has fluctuated between Rs 91.00/kg and Rs 175.00/kg, keeping the current market near the middle band. HDPE prices in India continue to find support around Rs 156.00/kg, while Rs 159.00/kg remains an important upper reference for market participants tracking short-term movement, HDPE Prices, Mumbai Market, HDPE Trade, Petrochemicals, Market Range, Commodity Update.

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Toluene prices in Mumbai moved lower this week as the domestic market extended the softer trend observed during the past month. The latest assessment closed at Rs 104.00/kg, compared with Rs 108.00/kg in the previous week, reflecting a decline of Rs 4.00/kg. Indian Toluene prices therefore weakened after recent gains, although the current market structure continues to remain stronger than levels seen earlier this year. Trading activity remained relatively stable, with buyers maintaining measured procurement patterns while monitoring downstream consumption trends and inventory movement.

Despite the latest weekly decline, prices are still Rs 29.50/kg above the Rs 74.50/kg level recorded three months ago, highlighting the substantial recovery witnessed during the quarter. Monthly comparisons, however, show a decline of Rs 8.00/kg from Rs 112.00/kg recorded a month ago. Indian Toluene prices have also fluctuated within a wider range between Rs 62.50/kg and Rs 113.00/kg, underlining continued volatility in the domestic market. Toluene prices in India are presently consolidating near Rs 104.00/kg, while support is visible around Rs 96.00/kg and resistance is being tracked near Rs 104.00/kg. Buyers and traders continue evaluating market direction closely as procurement activity remains cautious in the current trading environment, Toluene, Price Decline, Market Range, Chemical Market, Downward Trend.

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