POP Polyether pauses after months of steady erosion
Domestic POP Polyether markets showed signs of stabilisation this week, with prices holding flat after an extended decline. The product closed at Rs 133/kg, unchanged from the previous week and also steady compared with a fortnight ago. This pause follows a prolonged period of weakness through November and December, confirming that Indian POP Polyether prices have entered a quieter phase.
The month comparison, however, still reflects softness. Prices are lower by Rs 2/kg versus last month, showing that downward pressure has eased but not disappeared. Looking further back, the three-month view remains sharply lower, highlighting the depth of the earlier correction despite the current stability. This mixed picture combines short-term calm with a clearly weaker longer-term backdrop.
Recent trading has clustered near the lower end of the recent range. Prices have held around Rs 133/kg, moving away from the recent high near Rs 135/kg. Volatility has moderated, with smaller movements replacing the sharper declines seen earlier. Support around Rs 133/kg and resistance near Rs 135/kg continue to define near-term boundaries, keeping POP Polyether prices in India anchored within a narrow band, POP Polyether, Polyether Market, Polyol Industry, Chemical Prices, Price Pause, Market Correction, Supply Demand, Petrochemical Market, Commodity Update, Industry News.
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