Indian ABS Prices

ABS prices in Mumbai were steady this week at Rs 215.00/kg, showing no movement from the previous weekly assessment. Indian ABS prices have, however, recorded measurable gains across the fortnightly and monthly comparisons. The product is Rs 7.00/kg higher than two weeks ago and Rs 12.00/kg above its level one month earlier. Current trading is positioned around the recent high of Rs 215.00/kg, while the unchanged weekly assessment indicates limited immediate price volatility.
The broader data provides additional perspective on the current level. ABS has gained Rs 11.00/kg over the past three months and stands Rs 63.00/kg above the corresponding price recorded last year. The supplied one-year range extends from Rs 138.00/kg at the low end to Rs 243.00/kg at the high end. Indian ABS prices therefore remain Rs 28.00/kg below the stated annual peak even after the recent fortnightly and monthly advances.
For market participants tracking ABS prices in India, Rs 208.00/kg represents the identified lower reference point and Rs 215.00/kg the upper reference. The current assessment is positioned at the latter level. Procurement teams can use the weekly stability, Rs 7.00/kg fortnightly gain, Rs 12.00/kg monthly increase and Rs 63.00/kg annual rise as separate reference points when comparing current purchase costs with recent and historical market levels. ABS, Acrylonitrile Butadiene Styrene, Weekly Stable, Fortnightly Gain, Monthly Gain, Annual Gain
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