Over one month, NBA has gained Rs 2.50/kg, providing a firmer near-term comparison despite the latest weekly decline. The three-month picture remains substantially weaker, with the current assessment Rs 28.00/kg below the Rs 147.00/kg level recorded three months ago. The six-month comparison is markedly stronger, with the product up Rs 39.75/kg from Rs 79.25/kg. Indian NBA prices had also moved as high as approximately Rs 167.00/kg earlier in the year, illustrating the size of the broader trading range.
NBA prices in India are now close to the upper end of the identified immediate trading band. Support is placed near Rs 116.50/kg, while resistance is indicated around Rs 120.00/kg. At Rs 119.00/kg, the latest assessment stands Rs 2.50/kg above support and Rs 1.00/kg below resistance, giving buyers and sellers defined reference levels for current procurement discussions. NBA, NBA Market, Weekly Decline, Monthly Gain, Three-Month Decline, Six-Month Gain
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