Indian Nitrobenzene prices
Nitrobenzene in Delhi was assessed at Rs 132.00/kg this week, down Rs 6.00/kg from Rs 138.00/kg in the previous week. Indian Nitrobenzene prices have declined Rs 10.00/kg over the past fortnight, while remaining unchanged compared with the assessment recorded one month ago.
The three-month movement remains positive, with the product gaining Rs 25.00/kg. The current price is below the recent high of Rs 150.00/kg but remains well above the six-month low-side reference of approximately Rs 89.50/kg. The latest weekly decline therefore follows a period in which the market had moved materially higher from earlier levels.
Nitrobenzene prices in India are positioned close to the stated support level of Rs 130.00/kg. Resistance is identified near Rs 138.00/kg, equal to the previous week’s assessment. At the current Rs 132.00/kg level, the market is Rs 2.00/kg above support and Rs 6.00/kg below resistance.
Indian Nitrobenzene prices show a short-term decline against a positive three-month comparison. Procurement teams can use Rs 132.00/kg as the latest Delhi baseline and compare quotations with the Rs 130.00/kg support marker, Rs 138.00/kg resistance level and Rs 150.00/kg recent high. The one-month unchanged position also provides context, showing that the fortnightly decline has returned the product to its earlier monthly reference. Nitrobenzene prices, Nitrobenzene, NB, Weekly Price Decline, Delhi Chemical Market, Chemical Prices
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