EVA remained stable at Rs 154.00/kg in Mumbai during the latest weekly assessment. Indian EVA prices showed no week-on-week movement, but the fortnightly comparison remains positive by Rs 1.00/kg. The product has also gained Rs 4.00/kg over the past month, indicating that the latest unchanged reading follows a period of gradual improvement rather than a sustained flat pattern.
The three-month comparison shows a stronger increase of Rs 12.00/kg. Year-on-year, EVA is Rs 30.00/kg above the corresponding level recorded one year earlier. EVA prices in India have also moved through a wide one-year range, with a high of Rs 225.00/kg and a low of Rs 119.00/kg. The supplied market information notes that prices had previously approached Rs 170.00/kg around six months earlier, providing an additional reference for assessing the latest Rs 154.00/kg level.
Support is currently identified near Rs 150.00/kg, while resistance stands around Rs 170.00/kg. Indian EVA prices are therefore only Rs 4.00/kg above the stated support reference and remain below the resistance marker. These levels, combined with the fortnightly, monthly, three-month and annual comparisons, give procurement desks several useful baselines for checking current supplier quotations and evaluating the relative position of spot requirements within the recorded market range. EVA, EVA Market, Weekly Stable, Monthly Gain, Three-Month Gain, Annual Gain
Read the full verified update on IndianPetrochem.com.
New Delhi, Marketing, Indian EVA Prices
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