Indian POM Prices

Mumbai POM was assessed at Rs 250.00/kg, unchanged from the previous week and stable across the latest fortnightly comparison. Indian POM prices have held at the top of the recent range after rising during the previous month. The latest price is Rs 4.00/kg above the level recorded one month ago and remains aligned with the one-year high mentioned in the market update, pointing to a stable near-term trading structure rather than another immediate upward move.
The medium-term comparisons remain stronger. POM has increased by Rs 14.00/kg over the past three months, with the six-month comparison showing the same Rs 14.00/kg rise. Indian POM prices are also Rs 86.00/kg above the Rs 164.00/kg level reported a year earlier. These comparisons show that the present flat weekly movement is occurring after a substantial longer-term increase rather than at a weak historical level.
POM prices in India are currently centred around a market assessment of Rs 250.00/kg. Support is indicated near Rs 246.00/kg, while resistance is placed at Rs 250.00/kg. Procurement teams can use these reference levels to track whether the current narrow trading structure continues or whether subsequent assessments move outside the recent range. The latest data show no weekly or fortnightly change, while the monthly and annual comparisons remain positive. POM, POM Market, Weekly Stable, Fortnightly Stable, Monthly Gain, Annual Gain
Read the full verified update on IndianPetrochem.com.