The one-month comparison shows a decline of Rs 3.00/kg. Longer reference periods present a different picture, with EDC still Rs 7.50/kg higher than three months ago and Rs 17.00/kg above the six-month level. Earlier in the year, the product had traded at Rs 29.50/kg, leaving the latest Rs 46.50/kg assessment substantially above that earlier low despite the decline seen through the latest month.
Indian EDC prices are now positioned around identified support at Rs 46.50/kg, with resistance near Rs 54.00/kg. Procurement teams following EDC prices in India can use these markers alongside the weekly, monthly and six-month comparisons to assess the degree of recent price compression. The latest movement shows short-term weakness following a stronger earlier period, while the broader data continue to reflect a sizeable recovery from the lowest levels seen earlier this year. EDC, Ethylene Dichloride, Weekly Decline, Fortnightly Decline, Monthly Decline, Six-Month Gain
Read the full verified update on IndianPetrochem.com.