#shorttermdecline

PA6 in Ahmedabad was assessed at Rs 235.00/kg this week, unchanged from the previous week. Indian PA6 prices stabilized after a Rs 8.00/kg decline over the past fortnight and a Rs 13.00/kg fall over the month. The latest weekly movement reflected a flat market after recent fluctuations.

The broader trend remained higher over longer comparison periods. PA6 was up by Rs 64.00/kg over three months and by Rs 92.00/kg over six months. Year-on-year, the product also showed a Rs 64.00/kg increase. The annual range stood between Rs 133.00/kg and Rs 270.00/kg, showing significant earlier movement. Indian PA6 prices were supported around Rs 235.00/kg, while resistance was seen near Rs 248.00/kg. PA6 prices in India remained steady as buyers and traders reviewed current baselines, PA6, Nylon 6, Polymer Market, Price Stability, Short Term Decline, Engineering Plastics.

Read the full verified update on IndianPetrochem.com.

PA66 has stabilized this week after experiencing a decline over the past fortnight. Indian PA66 prices are holding at Rs 282.00/kg in Ahmedabad, reflecting a pause in downward movement and a cautious market environment.

Recent trends show a Rs 8.00/kg decline over both the past fortnight and month. However, the three-month trend remains positive, with a gain of Rs 43.00/kg. Indian PA66 prices continue to show resilience despite short-term corrections, staying above the yearly low of Rs 238.00/kg while below the peak of Rs 325.00/kg. PA66 prices in India are currently trading within a defined range of Rs 280.00/kg to Rs 290.00/kg, PA66, Market Stability, Short Term Decline, Price Correction, Engineering Plastics, Trend .

Market participants remain cautious, monitoring support and resistance levels closely. The stability indicates balanced conditions with limited volatility in recent sessions.

Read the full verified update on IndianPetrochem.com.