#sharpcorrection

Vinyl Acetate Monomer in Kandla declined this week, with the current price assessed at Rs 133.00/kg. The product is down Rs 2.00/kg from last week and has dropped Rs 24.50/kg over the past fortnight. Indian Vinyl Acetate Monomer prices have also fallen by Rs 52.00/kg over the past month, showing a clear downward shift in recent domestic trading. The latest assessment places the product under pressure after stronger earlier levels.

The three-month picture remains different, as Vinyl Acetate Monomer has gained Rs 45.00/kg from Rs 88.00/kg. The market has shown wide annual movement, with the highest level recorded at Rs 220.00/kg and the lowest at Rs 65.50/kg. Vinyl Acetate Monomer prices in India are being monitored around resistance near Rs 135.00/kg and support near Rs 130.00/kg. Current trading is close to the lower end of recent pricing, highlighting the pressure visible in the latest weekly, fortnightly, and monthly comparisons. Indian Vinyl Acetate Monomer prices continue to reflect volatility, with recent losses set against a still-higher three-month reference point, Vinyl Acetate Monomer, Market Weakness, Sharp Correction, Chemical Market, Price Trend, Trade Update.

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Glycerine prices recorded a significant weekly drop, falling by Rs 32/kg and extending a broader monthly decline. The product closed at Rs 160.00/kg in Ahmedabad, reflecting a notable correction from recent highs. Indian Glycerine prices have now weakened consistently over the past month, creating a more predictable environment for buyers monitoring entry levels.

The recent fall comes after prices touched Rs 208.00/kg, marking a strong peak before the downturn. Over the last fortnight alone, the market has declined by Rs 30/kg, indicating sustained selling pressure. However, when viewed over a longer timeframe, Indian Glycerine prices still show strength, having risen Rs 45/kg over three months and Rs 39/kg over six months. Glycerine prices in India are currently positioned near support at Rs 160.00/kg, while resistance is observed at Rs 192.00/kg, framing the near-term trading range.

The market continues to show stable trading behavior despite the correction, with participants closely watching these critical levels, Glycerine, Glycerine Prices, Sharp Correction, Post Peak Decline, Chemical Market, Downtrend. 

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Butyl Carbitol witnessed a notable price correction this week, reversing part of its strong monthly gains. Prices in Kandla dropped by Rs 25/kg to Rs 265/kg, signaling a shift in short-term market direction. Indian Butyl Carbitol prices have reacted sharply after reaching recent highs, reflecting a volatile trading environment where participants are adjusting to rapid changes.

The past month recorded an impressive rise of Rs 143/kg, pushing prices close to peak levels before the recent decline. Over a three-month period, the product has gained Rs 163.50/kg from Rs 101.50/kg, indicating strong underlying momentum despite current weakness. Indian Butyl Carbitol prices remain influenced by these sharp swings, while Butyl Carbitol prices in India continue to fluctuate within a wide range between Rs 100/kg lows and Rs 290/kg highs. Immediate support is observed near Rs 265/kg, with resistance at Rs 290/kg acting as a ceiling for upward movement, Market Correction, Sharp Correction, Price Dip, Post Rally Decline, Chemical Market, Downtrend.

The market tone remains cautious, with traders closely monitoring stability after the recent volatility spike. 

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Butyl Acrylate Monomer has witnessed a sharp correction this week, reflecting increased volatility in the domestic market. Indian Butyl Acrylate Monomer prices declined by Rs 20.00/kg to Rs 190.00/kg, extending the fall to Rs 51.00/kg over the past fortnight. The movement indicates a strong reversal from earlier highs, with Indian Butyl Acrylate Monomer prices adjusting downward after a period of rapid gains.

Despite the current decline, the overall trend remains positive. Prices are still up by Rs 5.00/kg compared to one month ago, suggesting underlying resilience. Over the past three months, the market has surged by Rs 95.00/kg, highlighting strong upward momentum earlier in the cycle. The price range has been notably wide, with a high of Rs 241.00/kg and a low of Rs 87.50/kg, emphasizing ongoing volatility. Butyl Acrylate Monomer prices in India are currently trading within a defined band, with support at Rs 185.00/kg and resistance near Rs 210.00/kg, offering key levels for market participants, Butyl Acrylate Monomer, BAM Prices, Sharp Correction, Price Correction, Chemical Market, Post Surge Dip.

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Butyl acetate prices have moved lower this week, signaling a sharp correction after recent highs. Indian Butyl Acetate prices dropped by Rs 10.00/kg week-on-week, settling at Rs 137.00/kg. The decline extends to Rs 26.00/kg over the past fortnight, reflecting a clear shift in short-term market sentiment. Indian Butyl Acetate prices had recently tested levels near Rs 170.00/kg but have now retreated toward the lower end of the trading spectrum.

Despite the current weakness, the broader trend remains positive. Prices are still Rs 10.00/kg higher compared to a month ago, indicating underlying strength. Over a three-month period, the market has surged by Rs 62.25/kg, while the six-month comparison shows a similar increase of Rs 62.75/kg. This suggests that the recent decline is part of a corrective phase within a larger upward cycle. Butyl Acetate prices in India are currently operating within a defined range, with support at Rs 130.00/kg and resistance around Rs 147.00/kg, guiding near-term trade positioning, Butyl Acetate, Butyl Acetate Prices, Sharp Correction, Price Correction, Chemical Market, Post Peak Decline.

Read the full verified update on IndianPetrochem.com.