Indian Glycerine Prices

Glycerine has recovered to Rs 159.00/kg in Ahmedabad after trading at Rs 150.00/kg last week, producing a Rs 9.00/kg weekly increase. Indian Glycerine prices nevertheless remain Rs 3.00/kg below the Rs 162.00/kg level seen a fortnight earlier. The latest movement therefore represents a partial recovery rather than a reversal of all the declines recorded across recent comparison periods.
The monthly picture remains weaker, with prices down Rs 30.00/kg from Rs 189.00/kg. Compared with three months ago, the product is Rs 21.00/kg lower than the earlier Rs 180.00/kg benchmark. The six-month comparison is markedly different: Glycerine is Rs 41.00/kg above the Rs 118.00/kg level recorded at that point. Glycerine prices in India have also moved within a broad stated range of Rs 114.00/kg to Rs 208.00/kg.
The market update places support around Rs 150.00/kg and resistance near Rs 162.00/kg. The latest Rs 159.00/kg value sits between those references and gives procurement teams a current benchmark for evaluating purchase timing against the recent weekly rebound and larger monthly decline.
Indian Glycerine prices continue to show substantial differences depending on the chosen comparison period, with the weekly rise contrasting with both the monthly fall and six-month increase. Glycerine, Glycerine Market, Weekly Gain, Monthly Decline, Six-Month Gain, Ahmedabad Market
Read the full verified update on IndianPetrochem.com.