#tradingupdate

RSS3 rubber recorded a weekly decline after maintaining stability near elevated levels for much of the previous month. Prices were assessed at Rs 245/kg on 1 June, compared with Rs 260/kg a week earlier. The adjustment marked a Rs 15/kg decrease and followed several weeks of limited movement. Indian RSS3 Rubber prices nevertheless remain comfortably above levels recorded during the opening months of the year.

A broader view shows that month-on-month values were largely unchanged, with prices also trading around Rs 260/kg at the beginning of May. Recent activity included a high near Rs 270/kg and a lower point around Rs 156/kg. The longer-term trend remains stronger, with prices increasing from roughly Rs 159/kg three months ago and about Rs 143/kg six months ago. Current assessments are also above the Rs 163/kg level recorded one year earlier. Indian RSS3 Rubber prices continue to reflect the significant recovery achieved across the broader period despite the recent pullback. RSS3 Rubber prices in India therefore remain positioned well above earlier benchmarks even after the latest decline.

Support is visible near Rs 230/kg, while resistance remains around Rs 270/kg,Market Correction, Price Consolidation, Commodity Market, Market Trends, Trading Update, Price Movement.

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Domestic Butyl Rubber trading strengthened again this week as market values continued recovering toward the upper end of the recent range. Indian Butyl Rubber prices rose to Rs 375/kg in the Ahmedabad market for RIL grade 1675N, compared with Rs 370/kg a week earlier. The latest assessment also moved above fortnight comparisons near Rs 365/kg and remained sharply higher than month-ago levels around Rs 332/kg. Trading sessions remained relatively stable, with only limited daily adjustments visible even as values approached recent highs.

The broader domestic trend continued to point toward a sustained recovery structure rather than a short-lived movement. Earlier lows near Rs 238/kg from the previous three-month cycle remained considerably below current market levels, highlighting the extent of the rebound visible across recent weeks. Indian Butyl Rubber prices have now recovered most of the distance lost during the earlier correction period. Butyl Rubber prices in India also stayed close to the strongest domestic levels recorded in the recent cycle, while overall volatility remained comparatively controlled during the latest sessions. Market participants continued monitoring whether values could consolidate near the upper band around Rs 375/kg without triggering wider swings across the domestic market structure,#MarketRevisits, #DomesticHighs, #MarketStrength, #PriceMomentum, #TradingUpdate, #MarketTrend .

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Natural Latex prices strengthened this week after softer movement was visible during the earlier trading sessions. The market regained lost ground following a short decline that briefly pushed domestic values toward the lower side of the current trading range. Indian Natural Latex prices were assessed at Rs 254/kg in the Delhi domestic market on May 12, up Rs 4/kg from the previous session and also higher than the level recorded a week earlier. Trading activity remained relatively active, although day-to-day movement stayed contained through the observed period.

Recent domestic trading remained concentrated within the narrower band between Rs 250/kg and Rs 255/kg. After holding steady near Rs 255/kg during earlier sessions, prices softened toward Rs 250/kg before recovering again during the latest assessment. Broader monthly movement continued to reflect relatively stable market structure without any major increase in volatility. Indian Natural Latex prices remained close to the recent monthly high despite intermittent fluctuations during the week. Buyers and procurement participants monitoring Natural Latex prices in India continued to focus on whether current domestic levels could remain supported above Rs 250/kg through upcoming sessions,#MarketRecovery #WeeklyDecline #MarketRebound  #PriceRecovery  #TradingUpdate  #MarketTrend.

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PBR 1220 extended its downward streak this week after earlier gains drove the domestic market sharply higher during April. Indian PBR 1220 prices in the Mumbai market settled at Rs 292/kg on 11 May, down from Rs 340/kg a week earlier. The latest correction followed a strong upward phase that pushed values close to Rs 350/kg before momentum weakened. Trading sessions during the past fortnight reflected wider volatility than the comparatively stable tone seen earlier, with values shifting lower in stages before stabilising near current levels.

Month-on-month comparisons still showed stronger domestic trade, with current values remaining above the Rs 245/kg range recorded around 30 days earlier. Indian PBR 1220 prices also continued to hold significantly above the February baseline near Rs 150/kg and the six-month reference near Rs 169/kg. PBR 1220 prices in India therefore retained a stronger broader structure even after the recent retreat from peak levels. Recent trading activity fluctuated between Rs 290/kg and Rs 340/kg before the market settled close to present assessments. Support remained visible near Rs 290/kg, while resistance stayed around Rs 350/kg as market participants monitored short-term direction and stability across domestic trade conditions,Trading Volatility, Market Highs, Price Fluctuation, Market Trend, Trading Update, Commodity Market.

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SBS LG411 weakened this week after several sessions of elevated domestic trading near recent highs. Indian SBS LG411 prices in the Delhi market settled at Rs 280/kg on 11 May against Rs 310/kg recorded a week earlier. The latest movement pulled the market away from the recent Rs 320/kg peak zone reached during earlier sessions. Trading conditions also reflected wider day-to-day fluctuations compared with the steadier tone observed through April, with market participants closely monitoring whether stability returns near current levels.

Fortnight comparisons nevertheless remained positive, with current values still above the Rs 270/kg level recorded during late April. Indian SBS LG411 prices also continued to trade ahead of the Rs 240/kg range seen around 30 days ago and significantly above the February benchmark near Rs 205/kg. Six-month comparisons reflected firmer broader conditions than the earlier Rs 200/kg range observed during November. SBS LG411 prices in India therefore continued to indicate a strong longer-term recovery despite the latest weekly decline. Current trading levels remained closer to the upper side of the historical range than the lows near Rs 185/kg recorded during earlier periods, while support remained visible near Rs 270/kg and resistance near Rs 320/kg,Market Softens, April Market, Market Trend, Price Movement, Trading Update.

Read the full verified update on IndianPetrochem.com.

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Gold saw a drop from $4800 → $4553, mirroring the previous correction. Market likely consolidating before next move.