Over three months, POM has declined by Rs 12.00/kg from Rs 247.00/kg. The current price remains substantially stronger on a year-on-year basis, standing Rs 65.00/kg above the corresponding previous-year level. The supplied market references indicate that recent values have ranged from approximately Rs 160.00/kg at the lower end to Rs 247.00/kg at the upper end.
Indian POM prices are currently positioned below the recent high but well above the broader lower marker. POM prices in India show a stable weekly structure, accompanied by a limited fortnightly and monthly decline. This combination gives procurement teams a factual basis for comparing current supplier offers with recent market benchmarks.
The identified upside monitoring level is Rs 240.00/kg, while the downside monitoring level is Rs 225.00/kg. The latest Rs 235.00/kg assessment sits between these two references. Trading activity was described as steady, with limited volatility in the domestic market and no further weekly price correction. POM, Polyoxymethylene, Chemical Prices, Stable Market, Weekly Update, Petrochemicals.
Read the full verified update on IndianPetrochem.com.