Indian Maleic Anhydride Prices

Maleic Anhydride closed at Rs 201.00/kg after declining by Rs 4.00/kg from the previous week’s Rs 205.00/kg quotation. Indian Maleic Anhydride prices remain significantly above earlier reference levels despite this limited weekly decrease. The product had gained Rs 26.00/kg over the preceding fortnight, making the latest movement a partial adjustment within a substantially higher trading structure.
The monthly comparison shows a rise of Rs 9.00/kg from Rs 192.00/kg. Over three months, the increase reaches Rs 67.00/kg from Rs 134.00/kg, while the six-month movement amounts to Rs 116.00/kg from Rs 85.00/kg. The one-year range is particularly wide, extending from Rs 81.00/kg to Rs 233.00/kg. The current quotation therefore remains above the lower and medium-term baselines but below the annual peak.
Maleic Anhydride prices in India have immediate support near Rs 196.00/kg and resistance around Rs 205.00/kg. At Rs 201.00/kg, the market is positioned close to the recent upper reference following the fortnightly advance. Indian Maleic Anhydride prices should be reviewed against multiple timeframes because the Rs 4.00/kg weekly decline is small compared with the gains recorded over three and six months. Procurement teams can use the stated support, resistance and historical benchmarks when comparing current supplier offers, evaluating inventory costs and reviewing purchase timing under the recently elevated price structure. Maleic Anhydride, Chemical Prices, Market Weakness, Weekly Decline, Petrochemicals, Fortnightly Gain.
Read the full verified update on IndianPetrochem.com.