PU maintains steady weekly close as recovery builds
PU ended the week unchanged at Rs 200/kg in the Indian domestic market, but the broader trend continues to show improvement. While weekly movement was flat, prices are Rs 6/kg higher than a fortnight ago, giving the market a firmer undertone. This has helped Indian PU prices stabilise after earlier softness, with transactions progressing in an orderly manner and limited volatility.
The month-on-month picture is more constructive. PU is up Rs 15/kg compared with a month ago, reflecting a gradual recovery from prior lows. Over the last three months, prices have traded between Rs 183/kg and Rs 200/kg, and the latest close sits close to the recent high of that range. The steady pace of gains has avoided sharp corrections and supported clearer benchmarks for near-term business. Even so, prices are still lower than the same period last year, though the gap has narrowed, improving the comparative position for PU prices in India.
Trading has remained balanced, with changes distributed over several weeks rather than concentrated in a single move. Support is seen near Rs 183/kg, while resistance is around Rs 200/kg, defining the current structure. For procurement teams, tracking Indian PU prices against these reference points can support coverage planning, contract alignment, and inventory timing during a controlled recovery phase, PU Prices, Polyurethane Market, PU Industry, Polymer Recovery, Weekly Close, Price Stability, Chemical Market, Supply Demand, Commodity Trends, Industry Update. Read the full verified update on IndianPetrochem.com.
