#steeprally

Butyl Cellosolve has entered a corrective phase after recent highs, with Indian Butyl Cellosolve prices dropping by Rs 16.00/kg this week to Rs 164.00/kg. The decline extends to Rs 31.00/kg over the past fortnight, signaling a sharp reversal from levels near Rs 195.00/kg. Indian Butyl Cellosolve prices are now reflecting a more cautious trading environment.

Even with the recent drop, the overall trend remains positive. Prices are still up by Rs 36.00/kg over the past month, indicating sustained recovery momentum. Over three months, the increase stands at Rs 80.50/kg, while six-month gains reach Rs 73.50/kg, confirming a strong upward trajectory prior to the correction. Butyl Cellosolve prices in India are currently operating above earlier benchmarks, with support seen at Rs 164.00/kg and resistance around Rs 180.00/kg, shaping the near-term outlook, Butyl Cellosolve, Butyl Cellosolve Prices, Price Correction, Steep Rally, Chemical Market, Post Rally Adjustment.

Read the full verified update on IndianPetrochem.com.