TDI market trades sideways with low volatility
Domestic TDI values have continued to trade in a narrow range, with recent assessments highlighting stability rather than movement. Prices closed the week at Rs 185.00/kg, unchanged from the previous week, keeping the market centred within its recent band. Short-term indicators show only limited variation. Indian TDI prices are up Rs 1/kg on a fortnight basis, while the month-on-month comparison shows no net change. Over three months, prices are lower by Rs 3/kg, indicating mild softness without sharp decline. During this period, prices have fluctuated between Rs 183/kg and Rs 187/kg, forming a clearly defined range that has restrained volatility. Year-on-year data shows prices are Rs 28/kg lower, framing the current stability within a broader correction. Recent trading activity has remained calm, with no aggressive swings. Support near Rs 183/kg and resistance around Rs 187/kg continue to guide near-term behaviour. For participants monitoring TDI prices in India, the present environment suggests predictable conditions suitable for short-term planning. Indian TDI prices remain balanced, offering clarity without strong directional signals.
