#sharpgains

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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Iso Propyl Alcohol prices recorded a significant decline this week, reflecting a shift after strong upward momentum. Indian Iso Propyl Alcohol prices fell to Rs 235.00/kg, down Rs 15.00/kg from last week, though still higher compared to earlier trading levels.

The product had recently touched levels near Rs 255.00/kg, indicating heightened volatility. Over the past fortnight, prices gained Rs 25.00/kg, while the monthly increase stands at Rs 125.00/kg from Rs 110.00/kg. Indian Iso Propyl Alcohol prices have also surged significantly over the longer term, nearly tripling from Rs 75.25/kg over three months.

Key levels include support around Rs 210.00/kg and resistance near Rs 250.00/kg. Trends in Iso Propyl Alcohol prices in India suggest continued market fluctuations, requiring careful monitoring. Indian Iso Propyl Alcohol prices remain elevated despite the weekly decline, reflecting strong underlying trends, Isopropyl Alcohol, IPA, Market Retreat, Sharp Gains, Petrochemicals, Price Correction.

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POM in Ahmedabad has entered a stable phase after a notable month-long rise, with the latest weekly assessment unchanged at Rs 227.00/kg. This leaves the market at its highest level in a year and signals that recent gains are being retained rather than quickly reversed. For buyers tracking short-cycle movements, the unchanged weekly pattern points to a firm market that is pausing at a high base. Indian POM prices are therefore reflecting stability after an already strong upward move, with no major disruption visible in the latest round of domestic trade.

The broader comparison remains striking. POM is higher by Rs 7.00/kg over the past month, rising from Rs 220.00/kg, while gains extend to Rs 63.00/kg over three months and Rs 58.00/kg over six months. Year on year, the market is up Rs 37.00/kg from Rs 190.00/kg, confirming that the current range is far above earlier benchmarks. The highest level in the period has been Rs 227.00/kg and the lowest Rs 160.00/kg, showing a strong climb from previous weakness. Indian POM prices continue to hold near the top of this range, and POM prices in India are now being monitored for whether support at Rs 227.00/kg remains intact or whether trade begins to soften toward Rs 220.00/kg. The present pattern still points to a limited-volatility market with solid near-term support, POM Market, Polyoxymethylene, Market Stability, Sharp Gains, Petrochemicals, Stable Trend. Read the full verified update on IndianPetrochem.com.