#markettrend

Precipitated Silica experienced a notable correction this week after several weeks of firmer market conditions. Indian Precipitated Silica prices declined by Rs 11/kg to Rs 110/kg from Rs 121/kg previously, ending a sustained upward stretch that characterised much of May. The fortnight comparison also softened by Rs 10/kg.

The latest adjustment has pulled values away from recent highs, but broader indicators remain positive. Prices were around Rs 104/kg a month ago, Rs 84/kg three months ago and Rs 75/kg six months ago. Indian Precipitated Silica prices continue to trade above these reference points, underlining the strength of the wider trend. Precipitated Silica prices in India are also substantially higher than the Rs 74/kg recorded during the same period last year.

Recent trading peaked near Rs 121/kg, while the broader twelve-month range extended down to around Rs 70/kg. Market participants are closely monitoring whether the latest decline evolves into consolidation or whether values stabilise around current levels. Indian Precipitated Silica prices remain above several key historical benchmarks despite the weekly correction,Uptrend Pause, Long Term Strength, Market Trend, Price Momentum, Commodity Market.

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RSS3 recorded a notable correction this week after spending several sessions near recent highs. Indian RSS3 prices fell by Rs 20/kg week on week to Rs 240/kg, placing the market below levels prevailing through much of late May. The decline also matches the fortnight comparison, underlining the speed of the latest adjustment.

Despite the softer tone, longer-term comparisons continue to show substantial improvement. Prices remain above the roughly Rs 255/kg level recorded a month ago and well above the Rs 162/kg level seen three months earlier. Trading activity recently covered a broader range between approximately Rs 156/kg and Rs 270/kg. Indian RSS3 prices continue to sit comfortably above year-earlier values, providing important context for procurement and trading decisions. RSS3 prices in India remain higher than the comparable level of Rs 166/kg recorded a year ago.

Market participants are monitoring whether the latest correction develops into a period of consolidation or whether values stabilise near current levels. Indian RSS3 prices remain positioned between recent support and resistance markers while retaining a firmer longer-term profile,Recent Pullback, Market Correction, Price Adjustment, Commodity Market, Market Trend.

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PBR 1220 recorded another weaker week in the domestic market, extending the downtrend that has been visible over recent assessments. Indian PBR 1220 prices closed at Rs 268/kg on 4 June, down Rs 20/kg from the previous week.

The latest movement places the market below levels seen through much of May and continues a broader decline from Rs 300/kg recorded around one month earlier. Indian PBR 1220 prices have moved lower in stages rather than through abrupt corrections, allowing market participants to monitor a clear trend. Historical comparisons show a recent high around Rs 350/kg and a lower reference point near Rs 152/kg. PBR 1220 prices in India remain positioned between these levels while trading below earlier-year strength.

Support remains visible near Rs 152/kg while resistance is observed around Rs 350/kg. Indian PBR 1220 prices continue to reflect a softer market structure compared with previous quarters,Weekly Decline, Market Update, Price Correction, Commodity Market, Market Trend.

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Monoethylene Glycol moved slightly higher this week in Ahmedabad, offering a fresh weekly marker for buyers tracking domestic movement. Indian Monoethylene Glycol prices stood at Rs 84.00/kg, up Rs 1.00/kg from the previous week. The product has gained Rs 4.50/kg over the past fortnight, indicating a firmer near-term trend even though the current level remains below last month’s higher reference point.

The month-on-month comparison shows a decline of Rs 6.00/kg from Rs 90.00/kg, but the three-month movement remains strong. Monoethylene Glycol has risen from Rs 62.00/kg to Rs 84.00/kg, gaining Rs 22.00/kg over that period. The six-month comparison is also firm, with the product up Rs 25.50/kg from Rs 58.50/kg. Earlier market volatility was visible when prices touched Rs 100.00/kg this year, showing the scale of recent shifts. The high-side marker is around Rs 84.00/kg, while the low-side reference is around Rs 79.50/kg. Indian Monoethylene Glycol prices remain above earlier baselines, while Monoethylene Glycol prices in India show a small weekly gain after recent fluctuations, Monoethylene Glycol, Price Rise, Volatile Trade, Chemical Market, Market Trend, Trade Update.

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Acrylonitrile recorded a sharp weekly decline, falling Rs 15.00/kg to Rs 196.00/kg from Rs 211.00/kg. Indian Acrylonitrile prices have moved lower over the past fortnight by the same amount, confirming a clear short-term correction in the domestic market. The latest price is also significantly below the level seen one month ago.

The monthly comparison shows a fall of Rs 65.00/kg from Rs 261.00/kg. However, the broader three-month and six-month views remain higher, with prices up Rs 68.00/kg from Rs 128.00/kg over three months and up Rs 78.00/kg from Rs 118.00/kg over six months. Acrylonitrile prices in India are now well below the recent high of Rs 321.00/kg, reflecting a major change in recent market conditions. Support is visible near Rs 196.00/kg, while resistance is placed around Rs 211.00/kg. Indian Acrylonitrile prices remain volatile, with the latest data showing a firm downward adjustment after earlier strength, Acrylonitrile, Price Slide, Monthly Losses, Chemical Market, Market Trend, Trade Update.

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Fumed Silica recorded another softer weekly movement in the domestic market, extending the gradual decline visible through recent sessions. Indian Fumed Silica prices for CAB-O-SIL M5 in Ahmedabad closed at Rs 584/kg on 27 May against Rs 600/kg during the previous comparison period. The correction remained measured rather than volatile, with daily fluctuations staying narrow despite weaker spot indications. Market participants continued monitoring procurement activity closely as prices drifted lower from earlier monthly levels.

Current domestic values are also below previous comparison markers. One month ago, the market traded near Rs 620/kg, while the three-month benchmark stood close to Rs 661/kg. Six-month reference levels around Rs 668/kg further underline the softer trend now visible across the domestic structure. The broader operating range during the current period extended between Rs 580/kg and Rs 692/kg. Fumed Silica prices in India therefore remain within a controlled trading band despite the continued easing visible through May. Indian Fumed Silica prices have now shifted closer to the lower side of the recent domestic range after holding near higher levels earlier this year,#DomesticMarket, #MarketWeakness, #PriceCorrection, #EarlierFirmness, #MarketTrend, #TradeMovement.

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Delhi Carbon Black N220 trading remained stable this week as the domestic market continued moving inside a limited price spread. Indian Carbon Black N220 prices were assessed at Rs 168/kg on 26 May, slightly lower than Rs 170/kg recorded a week earlier. Despite the latest dip, recent sessions have continued to reflect a consolidation pattern rather than a sharp directional move. Trading activity through the second half of May showed only minor daily fluctuations, helping maintain a relatively steady procurement environment across the domestic market.

Current values remain slightly above the Rs 165/kg level recorded around mid-May, while Indian Carbon Black N220 prices are marginally below the Rs 170/kg area seen one month ago. Carbon Black N220 prices in India have mostly remained confined between Rs 165/kg and Rs 170/kg during recent sessions, reinforcing the compressed market structure visible through much of the month. Earlier in the tracked period, domestic values had advanced toward the recent high around Rs 190/kg before gradually easing into the current narrow range. The broader timeline also continues to show a substantial recovery from the historical low near Rs 84/kg recorded previously. Market participants are continuing to monitor whether the existing stability pattern remains intact during upcoming sessions,#DomesticMarket  #NarrowMovement #MarketTrend  #MayMarket  #StableTrade  #PriceMovement .

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Domestic trading activity for Ethylene Glycol Monoethyl Ether Acetate remained firm this week as prices extended gains recorded over the previous fortnight. Buyers continued monitoring procurement activity while observing comparatively stable movement patterns in the broader domestic market. Indian Ethylene Glycol Monoethyl Ether Acetate prices increased by Rs 4.00/kg during the week, lifting current market levels to Rs 162.00/kg from Rs 158.00/kg previously. The latest movement followed a cumulative fortnight increase of Rs 8.00/kg, supporting a gradual strengthening trend in recent sessions.

Monthly comparisons reflected softer movement, with prices remaining below the Rs 170.00/kg level recorded earlier. Broader market comparisons showed a notable rise from Rs 137.00/kg three months ago, while trading activity continued within a wider range between Rs 134.00/kg and Rs 170.00/kg. Indian Ethylene Glycol Monoethyl Ether Acetate prices have remained comparatively stable in daily trading despite periodic corrections in the domestic market. Buyers evaluating Ethylene Glycol Monoethyl Ether Acetate prices in India are closely tracking support around Rs 158.00/kg and resistance near Rs 170.00/kg while planning procurement activity, Weekly Gains, Domestic Trade, Balanced Market, Market Trend, Price Rise, Trade Update.

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