#volatiletrade

DOA moved higher this week, closing at Rs 192.00/kg after gaining Rs 3.50/kg from Rs 188.50/kg last week. The product showed a modest rebound after recent declines, although the fortnightly comparison remains negative by Rs 1.00/kg from Rs 193.00/kg. Indian DOA prices are therefore reflecting a mixed market tone, with a weekly recovery set against broader recent weakness.

The monthly movement shows a substantial decline of Rs 23.00/kg from Rs 215.00/kg, highlighting the volatility seen in the domestic market. Over the past three months, DOA has gained Rs 47.00/kg from Rs 145.00/kg, while the six-month view shows an increase of Rs 45.00/kg from Rs 147.00/kg. The current price remains below the recent high of Rs 230.00/kg recorded earlier this year and is closer to the lower end of the recent trading range. DOA prices in India are being monitored with support near Rs 145.00/kg and resistance around Rs 215.00/kg. Indian DOA prices remain useful for traders and procurement teams assessing weekly recovery, monthly decline, and broader domestic price stabilization, DOA, Slight Recovery, Volatile Trade, Chemical Market, Price Rebound, Trade Update.

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Monoethylene Glycol moved slightly higher this week in Ahmedabad, offering a fresh weekly marker for buyers tracking domestic movement. Indian Monoethylene Glycol prices stood at Rs 84.00/kg, up Rs 1.00/kg from the previous week. The product has gained Rs 4.50/kg over the past fortnight, indicating a firmer near-term trend even though the current level remains below last month’s higher reference point.

The month-on-month comparison shows a decline of Rs 6.00/kg from Rs 90.00/kg, but the three-month movement remains strong. Monoethylene Glycol has risen from Rs 62.00/kg to Rs 84.00/kg, gaining Rs 22.00/kg over that period. The six-month comparison is also firm, with the product up Rs 25.50/kg from Rs 58.50/kg. Earlier market volatility was visible when prices touched Rs 100.00/kg this year, showing the scale of recent shifts. The high-side marker is around Rs 84.00/kg, while the low-side reference is around Rs 79.50/kg. Indian Monoethylene Glycol prices remain above earlier baselines, while Monoethylene Glycol prices in India show a small weekly gain after recent fluctuations, Monoethylene Glycol, Price Rise, Volatile Trade, Chemical Market, Market Trend, Trade Update.

Read the full verified update on IndianPetrochem.com.