Indian PS Prices

Mumbai PS held unchanged at Rs 163.00/kg during the latest week after rising sharply over the preceding fortnight. Indian PS prices are Rs 19.00/kg above the fortnightly reference of Rs 144.00/kg, making the stable weekly assessment notable for buyers tracking the durability of the recent recovery. The market has paused close to a stated resistance level rather than reversing the earlier increase.
Over one month, PS has gained Rs 6.00/kg from Rs 157.00/kg. The three-month comparison is stronger, showing an increase of Rs 29.00/kg from Rs 134.00/kg. Indian PS prices remain Rs 8.00/kg below the six-month reference of Rs 171.00/kg, however, highlighting the variation between the medium-term comparisons. On a year-on-year basis, the product is Rs 43.00/kg higher than the previous level of Rs 120.00/kg.
PS prices in India are currently Rs 19.00/kg above identified support at Rs 144.00/kg and only Rs 2.00/kg below resistance at Rs 165.00/kg. The latest assessment is also approximately Rs 19.00/kg below the recent high near Rs 182.00/kg. These levels provide manufacturers, traders and procurement teams with useful baselines for evaluating quotations, purchase timing and inventory exposure. The current structure reflects weekly stability, a pronounced fortnightly rebound, a positive monthly and quarterly performance, and a negative six-month comparison.
Indian PS prices remain elevated against the annual comparison while the current assessment stays close to the stated resistance marker. Polystyrene, PS, Weekly Stable, Fortnightly Gain, Monthly Gain, Three-Month Gain
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