Indian Adipic Acid Prices

Mumbai adipic acid registered a substantial weekly decline, closing at Rs 138.00/kg after trading at Rs 178.00/kg in the preceding week. Indian Adipic Acid prices consequently fell by Rs 40.00/kg, ending a period during which the assessment had remained consistently at Rs 178.00/kg. The latest value also stands well below the recent high of approximately Rs 202.00/kg and is positioned toward the lower end of the reported trading range.
The one-month comparison records a Rs 28.00/kg decrease, while the three-month baseline shows a Rs 40.00/kg fall. The six-month position is comparatively firmer: the latest assessment remains Rs 8.00/kg above the earlier value of Rs 130.00/kg. Adipic Acid prices in India thus show a sharp near-term reversal alongside a smaller positive movement over the longer six-month period.
Support is identified around Rs 130.00/kg, placing the current value Rs 8.00/kg above that reference point. Resistance stands near Rs 178.00/kg, the same level from which the latest weekly correction occurred. Indian Adipic Acid prices now carry a wide Rs 48.00/kg interval between the stated support and resistance markers. Procurement teams can use these verified comparisons to evaluate current offers against weekly, monthly, quarterly and half-year baselines without attributing the movement to causes not established by the available data. Adipic Acid, Weekly Decline, Monthly Decline, Three-Month Decline, Six-Month Gain, Price Correction
Read the full verified update on IndianPetrochem.com.