Indian Glycerine Prices

Delhi glycerine moved lower this week, with the latest assessment at Rs 143.00/kg compared with Rs 148.00/kg one week earlier. The Rs 5.00/kg weekly decline adds to the softer movement recorded across recent weeks. Indian Glycerine prices are also Rs 2.00/kg below the level seen two weeks ago, giving buyers and sellers a useful short-term comparison for prevailing domestic quotations.
The one-month movement is more pronounced, with glycerine down Rs 7.00/kg over that period. On a three-month comparison, the product is lower by Rs 6.00/kg. The market has traded across a considerably wider range, with a cited high near Rs 149.00/kg and a low around Rs 111.00/kg. Despite this range, recent intraday movements have been described as limited, indicating relatively steady trading around the current level.
Glycerine prices in India are now positioned close to the stated Rs 140.00/kg support reference, while resistance is identified around Rs 150.00/kg. At Rs 143.00/kg, the current assessment remains Rs 3.00/kg above support and Rs 7.00/kg below resistance. Procurement teams can use these reference levels when benchmarking spot indications and comparing supplier quotations against recent weekly and monthly movements. Indian Glycerine prices remain below their one-week, one-month and three-month comparison levels. Glycerine, Glycerine Market, Weekly Decline, Fortnightly Decline, Monthly Decline, Three-Month Decline
Read the full verified update on IndianPetrochem.com.