Indian Pine Oil prices
Pine Oil prices in Ahmedabad eased further this week as the market continued to move lower after recent highs. Indian Pine Oil prices were reported at Rs 170.00/kg, reflecting a weekly decline of Rs 2.00/kg. The movement extends the softer tone already visible during the previous month.
Monthly comparisons show a decrease of Rs 10.00/kg, while the broader three-month view still reflects a gain of Rs 7.00/kg. The six-month comparison indicates relative stability near Rs 163.00/kg, suggesting that current levels remain above medium-term averages despite recent pressure.
Recent trading has ranged between a high near Rs 190.00/kg and a lower band around Rs 150.00/kg. Indian Pine Oil prices are currently supported near Rs 165.00/kg, while resistance is visible around Rs 172.00/kg. Pine Oil prices in India continue to influence procurement discussions for industrial buyers evaluating inventory levels and near-term purchasing requirements, Pine Oil, Market Softening, Steady Correction, Chemical Market, Trade Update, Price Trend. Read the full verified update on IndianPetrochem.com.
