Indian Caustic Soda Flakes prices
Caustic Soda Flakes trading activity weakened considerably this week as the domestic market recorded a steep decline of Rs 14/kg from the previous week. Indian Caustic Soda Flakes prices settled at Rs 40.00/kg compared with Rs 54.00/kg last week, marking one of the sharpest weekly corrections seen in recent sessions. Market participants tracked continued weakness after the product also lost Rs 20/kg over the past fortnight. Procurement activity remained selective as buyers evaluated fresh demand conditions and lower trading benchmarks. Support levels were identified near Rs 40.00/kg, while resistance remained positioned around Rs 54.00/kg.
The monthly trend also reflected sustained weakness, with the market down by Rs 18/kg over the past month. Three-month comparisons showed the product easing by Rs 6.50/kg from Rs 46.50/kg, while six-month comparisons reflected a decline of Rs 7/kg from Rs 47.00/kg. The product recently traded near its one-year low of Rs 40.00/kg after touching a yearly high of Rs 67.00/kg earlier in the cycle. Indian Caustic Soda Flakes prices continue to reflect elevated volatility in domestic trading patterns, and Caustic Soda Flakes prices in India are being monitored carefully by traders and industrial buyers assessing procurement timing and inventory exposure, Caustic Soda Flakes, Domestic Market, Price Decline, Yearly Lows, Chemical Market.
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