#mildcorrection

Butyl Acetate prices slipped slightly this week, continuing a downward trend seen over the last fortnight. The current price stands at Rs 137.00/kg, reflecting a weekly decline of Rs 1.00/kg. Despite recent weakness, Indian Butyl Acetate prices remain supported by gains recorded over the past month.

The market has corrected by Rs 14.00/kg over two weeks, indicating easing after a strong rally. However, prices are still higher by Rs 6.00/kg compared to a month ago, showing resilience. Over the past three months, the product has surged by Rs 61.25/kg, underlining strong upward momentum from Rs 75.75/kg. Historical data shows a peak of Rs 171.00/kg and a low of Rs 73.00/kg, reflecting wide volatility. Butyl Acetate prices in India are currently trading within defined support and resistance levels, suggesting consolidation, Butyl Acetate, Butyl Acetate Prices, Mild Correction, Stable Market, Chemical Market, Market Adjustment.

Read the full verified update on IndianPetrochem.com.

Monostearin prices edged lower this week, declining by Rs 2/kg to Rs 178.00/kg. The slight drop comes after a strong upward movement over the past month, where Indian Monostearin prices increased by Rs 13/kg, indicating sustained demand strength despite short-term corrections.

Prices have gradually softened from Rs 183.00/kg two weeks ago and Rs 180.00/kg earlier this week, reflecting minor adjustments. However, Indian Monostearin prices remain well above earlier levels, with a three-month increase of Rs 33/kg and a six-month gain of Rs 11/kg. Monostearin prices in India are currently trading closer to the lower end of recent activity, with highs around Rs 195.00/kg and lows near Rs 145.00/kg.

The market continues to demonstrate stability with small daily fluctuations, offering a predictable environment for procurement planning. Resistance remains near Rs 180.00/kg, while support is seen at Rs 165.00/kg, Monostearin, Monostearin Prices, Mild Correction, Stable Trend, Chemical Market, Market Adjustment. 

Read the full verified update on IndianPetrochem.com.

ECH prices have registered a slight decline this week, easing by Rs 2/kg to settle at Rs 242.00/kg. This movement follows a more pronounced drop of Rs 13/kg over the past fortnight, indicating a gradual softening in short-term trading activity. Indian ECH prices are currently reflecting this mild correction, while overall market conditions remain stable with limited volatility.

Looking at the broader trend, the product continues to hold strong gains compared to earlier periods. Prices remain significantly higher than Rs 180.00/kg recorded three months ago and have increased by Rs 75.00 over the past six months from Rs 167.00/kg. The recent trading range shows a high of Rs 290.00, with current levels positioned closer to the lower end. Indian ECH prices continue to operate within this range, maintaining a steady structure despite recent declines. ECH prices in India are currently supported near Rs 240.00/kg, while resistance is observed around Rs 250.00/kg, ECH, ECH Prices, Mild Correction, Stable Trend, Chemical Market, Market Adjustment.

Read the full verified update on IndianPetrochem.com.

Sulphuric Acid prices eased slightly this week, declining by Rs 0.15/kg to Rs 28.60/kg in Ankleshwar. The product had previously shown steady gains, and the current movement indicates minor stabilization. Indian Sulphuric Acid prices are currently trading within a controlled range.

The broader trend remains positive, with a monthly increase of Rs 1.60/kg and a three-month surge of Rs 11.10/kg. Over six months, prices have climbed by Rs 14.60/kg from Rs 14.00/kg, reflecting strong recovery. Indian Sulphuric Acid prices continue to demonstrate resilience despite short-term fluctuations. Sulphuric Acid prices in India are supported at Rs 27.00/kg and face resistance near Rs 30.00/kg, providing clear market benchmarks for participants, Sulphuric Acid, Sulphuric Acid Prices, Mild Correction, Stable Market, Chemical Market, Price Adjustment.

Read the full verified update on IndianPetrochem.com.

Mixed Xylene prices witnessed a slight decline this week, easing by Rs 2/kg after a strong upward run, reflecting a brief pause in the bullish trend. Indian MIX-XYLENE prices were reported at Rs 104.00/kg, down from Rs 106.00/kg last week, indicating mild market consolidation following recent highs.

Despite the weekly dip, the broader trend remains firmly positive. Over the past month, prices have surged by Rs 19.00/kg, supported by steady demand and improving market fundamentals. A longer-term view shows gains of Rs 28.50/kg over three months and Rs 33.00/kg over six months, highlighting consistent upward momentum. Indian MIX-XYLENE prices continue to trade within a defined range, with the recent peak recorded at Rs 109.00/kg. MIX-XYLENE prices in India remain stable within mid-range levels, suggesting controlled volatility.

Market participants are closely monitoring key levels, with support seen at Rs 98.00/kg and resistance at Rs 109.00/kg. Holding near current levels may indicate continued stability, while downward movement could shift short-term sentiment, Mixed Xylene, MX Prices, Mild Correction, Post Rally, Petrochemicals, Market Trend.

Read the full verified update on IndianPetrochem.com.