Mumbai high-density polyethylene recorded a limited weekly increase, moving to Rs 144.00/kg from Rs 143.00/kg. Indian HDPE prices rose by Rs 1.00/kg during the week but remained unchanged against the month-earlier assessment. The narrow movement and small daily variations underline the relative stability seen in recent domestic trading.
The longer comparisons reveal a different pattern. High-density polyethylene is Rs 13.00/kg lower than it was three months ago and Rs 12.00/kg below the corresponding six-month level. The current price nevertheless stands Rs 51.00/kg above the year-earlier value of Rs 93.00/kg. This contrast shows that the substantial annual increase remains intact despite the decline from levels recorded earlier this year.
The broader observed range runs from approximately Rs 91.00/kg last year to Rs 175.00/kg earlier this year. At Rs 144.00/kg, the Mumbai assessment is closer to the lower end of that range than to its peak. Support is located around Rs 143.00/kg, while resistance is identified near Rs 157.00/kg. These benchmarks can help buyers evaluate prevailing quotations without implying a future price direction.
HDPE prices in India currently combine a marginal weekly gain with a flat monthly comparison and negative three-month and six-month changes. Indian HDPE prices remain considerably higher on a year-on-year basis, giving procurement teams both short-term and historical context for reviewing domestic offers. High-Density Polyethylene, HDPE, Weekly Gain, Monthly Stable, Three-Month Decline, Six-Month Decline
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New Delhi, Marketing, Indian HDPE Prices
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