Indian PU Prices

PU rose by Rs 4.00/kg in Delhi this week to Rs 242.00/kg from Rs 238.00/kg. Indian PU prices have recorded the same Rs 4.00/kg increase over the past fortnight, showing a gradual recovery from recent lower levels. The monthly movement is a smaller gain of Rs 2.00/kg, indicating that the broader short-term change remains limited.
Despite the weekly increase, the current assessment is Rs 20.00/kg below the three-month level of Rs 262.00/kg. PU has also declined by Rs 18.00/kg over six months. The latest price remains Rs 45.00/kg below the supplied annual high of Rs 287.00/kg.
Indian PU prices are nevertheless Rs 48.00/kg higher than the Rs 194.00/kg level recorded one year earlier. PU prices in India therefore combine a positive year-on-year comparison with weaker three-month and six-month performance. The data shows a modest current recovery rather than a return to the earlier peak.
Resistance is identified at Rs 242.00/kg, which matches the latest assessment. Support is stated at Rs 240.00/kg, placing the current price Rs 2.00/kg above that level. Buyers can use these references when comparing supplier quotations, negotiating purchase prices and reviewing recent procurement baselines.
Trading activity was described as stable, with relatively small movements. The latest information reflects only the supplied weekly, fortnightly, monthly and historical price comparisons. PU, Polyurethane, Chemical Prices, Market Strength, Weekly Gain, Petrochemicals.
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