ABS climbed to Rs 203.00/kg in Mumbai during the latest week, registering a Rs 7.00/kg increase from the preceding assessment. Indian ABS prices also show the same Rs 7.00/kg increase on a fortnightly comparison, confirming that the recent movement has been concentrated in the latest trading period. On a monthly basis, the product is Rs 8.00/kg higher.
The three-month comparison is flat, with ABS also recorded at Rs 203.00/kg three months earlier. Against the six-month level of Rs 212.00/kg, however, the latest assessment is Rs 9.00/kg lower. ABS prices in India remain substantially firmer than one year ago, rising Rs 55.00/kg from the earlier Rs 148.00/kg level. The wider annual trading range extends from a low of Rs 138.00/kg to a high of Rs 243.00/kg.
Market reference points place support around Rs 196.00/kg and resistance near Rs 203.00/kg. The current assessment consequently sits at the stated resistance level after the latest weekly advance. For manufacturers, traders and purchasing teams, these comparisons provide useful benchmarks for evaluating spot offers against recent momentum as well as three-month, six-month and annual baselines.
The latest Indian ABS prices data therefore shows a strong weekly and monthly move while the three-month comparison remains unchanged and the market stays below its stated one-year high. Acrylonitrile Butadiene Styrene, ABS, Rising Market, Chemical Prices, Weekly Gain, Petrochemicals
Read the full verified update on IndianPetrochem.com.
New Delhi, Marketing, Indian ABS Prices
واپس جائیں اگلا