The wider indicators show softer pricing. Ethanol is Rs 7.00/kg below the Rs 87.00/kg level recorded three months ago and Rs 1.00/kg lower than the six-month assessment. The latest value remains above the stated recent low of Rs 72.00/kg, although it is positioned close to the lower end of recent trading activity.
Ethanol prices in India are presently aligned with the upper reference level of Rs 80.00/kg, while the recent low of Rs 72.00/kg provides the lower marker. Procurement teams can compare supplier quotations with these levels and identify whether proposed prices are based on the latest assessment or the previous Rs 83.00/kg weekly value.
Indian Ethanol prices present different movements across the stated timelines. The weekly, fortnightly, three-month and six-month comparisons are negative, whereas the one-month comparison records a limited increase. Purchase reviews should therefore document both the assessment date and the chosen comparison period. Ethanol, Chemical Prices, Weekly Decline, Petrochemical Market, Procurement Intelligence, Ethanol Market.
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