#weeklycorrection

Polybutadiene Rubber (PBR) recorded a notable weekly correction after a period of steady recovery, giving back part of the gains accumulated during previous sessions. Indian PBR prices settled at Rs 250/kg in the Delhi domestic market on 13 July, compared with Rs 268/kg a week earlier. Although the latest adjustment reduced recently reclaimed trading levels, prices remained above the lower levels observed earlier in the recent trading period, indicating that the broader market structure has not fully reversed.

The fortnight trend shows prices easing after briefly strengthening around the beginning of July. During the broader trading period, values traded within a range extending from approximately Rs 130/kg to near Rs 300/kg, while recent day-to-day movements remained comparatively moderate. Indian PBR prices continue to reflect alternating phases of recovery and correction rather than a sustained directional trend. The latest decline has returned PBR prices in India toward earlier reference levels while maintaining a relatively orderly trading environment. Support remains visible near Rs 240/kg, with resistance identified around Rs 268/kg for ongoing market reference.

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Acrylamide prices softened in Ahmedabad this week, with the domestic assessment closing at Rs 165.00/kg. The latest movement marks a decline of Rs 2.00/kg from the previous week and continues the softer tone seen after prices moved away from the recent monthly peak. Indian Acrylamide prices have now eased by Rs 4.00/kg over the past month, while weekly trade remains steady and orderly.

The fortnightly view shows that earlier stability has given way to a slight correction. Compared with three months ago, Acrylamide remains higher by Rs 30.00/kg from Rs 135.00/kg. The six-month comparison also stays positive, with prices up Rs 33.00/kg from Rs 132.00/kg. The yearly range remains wide, with a high of Rs 188.00/kg and a low of Rs 125.00/kg, showing that the product has seen notable movement across the broader review period.

For buyers and procurement teams, the current level near Rs 165.00/kg is an important marker, while Rs 135.00/kg remains a lower reference level to monitor. Acrylamide prices in India continue to show controlled movement within the domestic market. Indian Acrylamide prices remain useful for tracking short-term volatility and recent trading stability, Acrylamide, Weekly Correction, Market Softening, Chemical Market, Price Trend, Trade Update. 

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Octanol prices witnessed a sharp correction this week, reversing part of the strong gains seen earlier this month. Indian Octanol prices declined by Rs 25/kg to settle at Rs 160/kg, reflecting increased volatility and active market adjustments. The drop comes after prices touched highs of Rs 190/kg, indicating rapid movement within a short span.

Over the past fortnight, the total fall stands at Rs 30/kg, while the broader trend still shows strength. Indian Octanol prices have risen substantially from Rs 96.50/kg recorded three months ago, highlighting a strong upward trajectory despite the recent pullback. Market participants continue to monitor fluctuations closely as prices move near the lower end of the recent range.

Octanol prices in India remain sensitive to short-term shifts, with Rs 165/kg acting as resistance and Rs 160/kg emerging as a key support level. Any sustained movement below current levels could change sentiment, while stability above may help consolidate gains. The overall trend remains dynamic with elevated price levels compared to earlier periods, Octanol, Octanol Prices, Weekly Correction, Sharp Decline, Chemical Market, Market Adjustment.

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Acrylonitrile prices dropped sharply this week by Rs 50/kg, settling at Rs 240.00/kg after holding steady in the previous fortnight. The sudden decline signals a shift in short-term market dynamics, with Indian Acrylonitrile prices reflecting increased volatility.

While the weekly movement shows weakness, the monthly trend remains strong, with prices up by Rs 60.00/kg from Rs 180.00/kg. Over three months, the product has surged by Rs 140.00/kg, and the six-month rise stands at Rs 142.00/kg. This highlights a broader upward trend despite recent corrections. Indian Acrylonitrile prices continue to operate within a wide range of Rs 97.00/kg to Rs 290.00/kg, reflecting significant price swings. Acrylonitrile prices in India remain sensitive to market activity and trading sentiment, Acrylonitrile, Acrylonitrile Prices, Weekly Correction, Sharp Decline, Chemical Market, Price Adjustment.

Support is currently observed at Rs 240.00/kg, while resistance stands at Rs 290.00/kg. These levels are being closely tracked for potential buying or selling opportunities.

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Nitrobenzene witnessed a price correction this week, reversing part of its recent upward trajectory. Prices declined by Rs 6/kg to Rs 104/kg, down from Rs 110/kg in the previous week. Despite this drop, Indian Nitrobenzene prices remain supported by gains accumulated over the past month.

The product had surged by Rs 14/kg in the last month, reflecting firm market conditions before encountering resistance at higher levels. On a longer-term basis, prices have climbed Rs 19.50/kg over three months and Rs 18/kg compared to six months ago, highlighting sustained upward movement. The yearly trading range between Rs 82/kg and Rs 110/kg underscores the volatility in Nitrobenzene prices in India, with current levels positioned closer to the upper band.

Market participants are closely tracking resistance around Rs 110/kg and support near Rs 90/kg. Indian Nitrobenzene prices continue to show a balance between recent strength and short-term correction, offering key signals for buyers and sellers evaluating entry points, Nitrobenzene, Nitrobenzene Prices, Weekly Correction, Price Correction, Chemical Market, Post Rally Dip.

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Butyl acetate witnessed a notable price correction this week after a strong upward phase in recent sessions. Indian Butyl Acetate prices dropped by Rs 20.00/kg to settle at Rs 150.00/kg in Kandla, reflecting a pullback from recent highs near Rs 170.00/kg. The decline follows a steady fortnight of gains, suggesting that the market has entered a phase of adjustment after testing higher levels. Indian Butyl Acetate prices remain elevated despite this fall, maintaining strength relative to earlier benchmarks.

On a monthly basis, the market has surged by Rs 51.50/kg from Rs 98.50/kg, highlighting the intensity of the previous rally. The three-month increase of Rs 73.00/kg further reinforces the sustained bullish structure observed since the start of the year. Over a six-month horizon, prices have fluctuated between Rs 77.00/kg and Rs 170.00/kg, indicating considerable volatility in supply-demand balance. Butyl Acetate prices in India are currently stabilizing near support at Rs 150.00/kg, while resistance is observed near Rs 170.00/kg, defining the short-term trading band, Butyl Acetate, Butyl Acetate Market, Weekly Correction, Market Pullback, Petrochemicals, Price Trend.

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