Indian ECH prices
ECH prices moved lower this week after a strong upward phase, with Indian ECH prices declining by Rs 5.00/kg to Rs 255.00/kg in the Delhi market. The drop follows a significant rally over the past month, indicating a pause as the market adjusts after rapid gains.
On a fortnight basis, prices have declined by Rs 15.00/kg, reflecting short-term correction pressure. However, the monthly trend remains robust, with a sharp increase of Rs 50.00/kg. Over the past three months, prices have surged by Rs 70.00/kg from Rs 185.00/kg, while the six-month trend shows an even stronger rise of Rs 93.00/kg from Rs 162.00/kg. Indian ECH prices continue to stay well above earlier trading levels, highlighting underlying strength. Meanwhile, ECH prices in India are currently moving within a defined range, supported at Rs 255.00/kg and encountering resistance near Rs 270.00/kg, ECH, Price Softening, Sharp Gains, Market Correction, Petrochemicals, Trend Shift.
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