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Dicalcium Phosphate trading activity softened this week as the domestic market recorded a sharp weekly decline in Mumbai. Buyers and traders closely tracked the correction after prices moved lower compared with recent benchmarks. Indian Dicalcium Phosphate prices were assessed at Rs 54.50/kg, reflecting a weekly decline of Rs 7.50/kg and positioning the market near the lower side of the recent trading range. Despite the latest movement, month-on-month comparisons remained relatively stable, showing only a marginal increase of Rs 0.50/kg against April levels.

The broader trend continued to indicate downward pressure over the medium term. Prices were previously assessed at Rs 59.00/kg three months earlier, highlighting a decline of Rs 4.50/kg during the quarter. The annual range also showed a high near Rs 62.00/kg, while current values remain close to support levels around Rs 54.50/kg. Indian Dicalcium Phosphate prices continue to attract attention from procurement participants due to the recent volatility and softer domestic sentiment. At the same time, Dicalcium Phosphate prices in India remain under observation as buyers evaluate short-term stability and monitor whether the market consolidates near current support or attempts to recover toward earlier resistance levels around Rs 62.00/kg, Dicalcium Phosphate, Chemical Market, Weekly Trade, Price Drop, Commodity Trading, Feed Industry.

Read the full verified update on IndianPetrochem.com.