Fumed Silica eases after touching the upper end of range
Fumed Silica moved lower this week after touching a recent high, ending the period with a softer close but retaining most of its monthly gains. Indian Fumed Silica prices were assessed at Rs 700/kg on April 16, compared with Rs 730/kg a week earlier. The market briefly climbed to Rs 740/kg on April 14 before pulling back, showing that the upper end of the recent range was not sustained. This weekly move followed several steadier sessions around Rs 728-730/kg, with the sharper decline coming late in the week. For procurement teams, the latest action points to a market that has lost some immediate momentum without erasing the stronger structure built over recent weeks.
The wider trend still shows clear gains. From Rs 610/kg on March 17, the market has risen Rs 90/kg over one month. Compared with around Rs 675/kg on April 2, the fortnight change remains positive by Rs 25/kg. Indian Fumed Silica prices are also up Rs 87/kg from Rs 613/kg over three months and higher by Rs 70/kg from Rs 630/kg over six months. Fumed Silica prices in India remain above the year-ago reference by Rs 71/kg from Rs 629/kg. Recent support is seen around Rs 610/kg, while resistance remains close to Rs 740/kg, keeping the present range clearly defined for near-term tracking,Fumed Silica, Range Top, Price Eases, Market Softening, Upper Range Test, Momentum Slows, Trend Pause.
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