Indian Maleic Anhydride Prices

Maleic Anhydride fell sharply in Kandla this week, declining Rs 13.00/kg from Rs 218.00/kg to Rs 205.00/kg. Indian Maleic Anhydride prices are also Rs 4.00/kg lower on a fortnightly comparison and Rs 24.00/kg below the level recorded one month ago. The latest assessment is close to the lower end of recent trading levels, with the current Rs 205.00/kg price also corresponding to the support reference identified in the supplied market data.
The three-month comparison shows a decline of Rs 23.00/kg, confirming that the weakness extends beyond the latest weekly move. However, the six-month comparison remains substantially positive: Maleic Anhydride is Rs 127.00/kg above the Rs 78.00/kg level recorded six months earlier. The wider supplied trading range stretches from Rs 77.00/kg to Rs 263.00/kg. Indian Maleic Anhydride prices have consequently experienced substantial variation across the period, even as recent trading has shown limited intraday movement.
For procurement participants tracking Maleic Anhydride prices in India, the key supplied references are Rs 205.00/kg for support and Rs 218.00/kg for resistance. The current assessment sits at the support marker following the latest Rs 13.00/kg weekly decline. Buyers can compare this baseline with the monthly and three-month declines as well as the much larger six-month increase when reviewing current procurement costs and recent volatility. Maleic Anhydride, Maleic Anhydride Market, Weekly Decline, Fortnightly Decline, Monthly Decline, Six-Month Gain
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