Propylene Glycol holds stable in narrow domestic range
Propylene Glycol continued to trade steadily in the domestic market this week, with prices holding close to recent levels and volatility remaining limited. Indian Propylene Glycol (PG) prices were assessed at Rs 84.5/kg, unchanged from the level seen a week earlier. The lack of weekly movement confirms that the market remains balanced, with supply and demand conditions keeping trading activity within a stable corridor. Indian Propylene Glycol (PG) prices have therefore maintained a consistent pattern of minimal day-to-day changes across recent sessions.
Looking at the broader recent trend, the past month has been characterised by a very tight range. Prices have hovered near the upper boundary around Rs 85/kg, while the lower end of trading has stayed close to Rs 84.5/kg. The narrow difference between these levels highlights the limited volatility observed in the domestic market. Over a three-month timeframe, trading behaviour has remained similarly stable, with most sessions closing close to earlier benchmarks and only small adjustments appearing between sessions. Within this framework, Propylene Glycol (PG) prices in India continue to operate inside a clearly defined corridor supported near Rs 84.5/kg and capped by resistance around Rs 85/kg, reinforcing the sideways structure of the market, Propylene Glycol, Chemical Market, Domestic Trade, Chemical Prices, Range Bound Market, Market Update.
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