Indian PS Prices

PS held at Rs 159.00/kg during the latest weekly assessment, showing no change from the previous week. Indian PS prices nevertheless remain Rs 9.00/kg below the Rs 168.00/kg level seen two weeks earlier, meaning the latest stability comes after a clear fortnightly decline. On a one-month comparison, the product is lower by Rs 4.00/kg, keeping the recent domestic trend softer despite the absence of a fresh weekly move.
The medium-term data also show declines. PS is down Rs 6.00/kg from three months earlier and Rs 3.00/kg on a six-month comparison. The year-on-year picture is different, with the current level standing Rs 38.00/kg above the Rs 121.00/kg assessment recorded one year ago. PS prices in India therefore remain elevated against the annual baseline even as shorter-term comparisons show easing. Indian PS prices have traded within a wide one-year range of Rs 109.00/kg to Rs 182.00/kg, underlining the scale of movement already recorded.
Support is identified around Rs 159.00/kg, while resistance is placed near Rs 168.00/kg. For purchasing teams, these levels provide practical benchmarks when assessing current offers after the recent decline. Weekly stability can be considered alongside the fortnightly, monthly, quarterly and half-yearly changes, giving buyers and sellers a more complete view of the present position within the supplied market history. PS, Polystyrene, Weekly Stable, Fortnightly Decline, Monthly Decline, Six-Month Decline
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