Butyl Cellosolve was assessed at Rs 185.00/kg, unchanged from the previous week. Indian Butyl Cellosolve prices have, however, declined by Rs 3.00/kg over the past fortnight from Rs 188.00/kg. The weekly stability follows this limited easing and keeps the product within its recent domestic trading range.
The monthly comparison remains stronger. Butyl Cellosolve has gained Rs 9.00/kg compared with the level recorded one month earlier. The latest assessment is also Rs 10.00/kg below the recent high of Rs 195.00/kg, placing the product relatively close to the upper end of the stated range.
Indian Butyl Cellosolve prices have risen sharply over six months. The product gained Rs 101.50/kg from the reported lower level of Rs 83.50/kg to the current Rs 185.00/kg assessment. Butyl Cellosolve prices in India therefore show a substantial longer-term increase despite the Rs 3.00/kg fortnightly decline and unchanged weekly reading.
Resistance is identified around Rs 195.00/kg, while support is placed near Rs 180.00/kg. The current assessment is Rs 5.00/kg above support. Procurement teams can use these references when comparing current supplier quotations, assessing the monthly increase and reviewing the product’s position within the recent domestic range.
The relatively limited short-term volatility provides a clear basis for evaluating spot offers against the latest weekly, fortnightly and monthly benchmarks. Butyl Cellosolve, Chemical Prices, Stable Market, Petrochemicals, Weekly Update, Monthly Gain.
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New Delhi, Marketing, Indian Butyl Cellosolve Prices
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