Indian Acetone prices
Acetone prices recorded another sharp decline this week, dropping Rs 28.00/kg to Rs 159.00/kg. The continued downward trend reflects persistent pressure in the domestic market, with Indian Acetone prices adjusting after recent highs.
The fortnightly decline totals Rs 36.00/kg, indicating sustained weakness. However, prices remain Rs 7.00/kg higher than a month ago and significantly above levels seen three months earlier at Rs 56.75/kg. This highlights a strong earlier recovery phase followed by recent correction. Indian Acetone prices have fluctuated widely, with a peak of Rs 210.00/kg over the past year. Acetone prices in India are currently stabilizing near lower levels, reflecting cautious trading sentiment.
Support is seen at Rs 159.00/kg, while resistance is positioned near Rs 187.00/kg. These levels are being closely tracked for potential market direction and procurement decisions, Acetone, Acetone Prices, Price Decline, Weekly Drop, Chemical Market, Downtrend.
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