The three-month comparison shows a reduction of Rs 20.00/kg, while the six-month movement records a decline of Rs 33.00/kg. PS prices in India are still Rs 39.00/kg above the corresponding level of Rs 130.00/kg seen one year earlier. This combination of recent weakness and a positive annual comparison reflects the substantial variation that has occurred during the past twelve months. Buyers should therefore consider several time horizons rather than relying solely on the latest daily fall.
Support is indicated at Rs 169.00/kg, matching the current assessment, while resistance is observed near Rs 179.00/kg. These reference levels can assist manufacturers, distributors and procurement teams in reviewing spot purchases, contract-linked pricing and replacement costs. Indian PS prices comparisons across three-month, six-month and annual periods also provide a practical benchmark for evaluating supplier offers against both the recent downturn and the higher values recorded during May. Polystyrene, PS, Chemical Prices, Market Weakness, Weekly Decline, Petrochemicals.
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