Palm Wax closed at Rs 144.00/kg in Mumbai, slipping Rs 1.00/kg from the previous week's Rs 145.00/kg. Indian Palm Wax prices have moved lower from the monthly reference of Rs 153.00/kg, leaving the latest assessment Rs 9.00/kg below the level recorded one month earlier. Recent trading has shown relatively small movements, indicating more stable conditions after the larger monthly correction.
The broader comparisons present a different picture. Palm Wax is Rs 9.00/kg higher than its three-month reference of Rs 135.00/kg and Rs 23.00/kg above the Rs 121.00/kg level recorded six months ago. Palm Wax prices in India therefore remain elevated on medium-term comparisons even though the latest weekly and monthly direction is softer. The supplied one-year trading range extends from a low of Rs 108.00/kg to a high of Rs 153.00/kg.
The current price sits between support near Rs 135.00/kg and resistance at Rs 153.00/kg. These levels provide traders and procurement teams with practical benchmarks when assessing current quotations and comparing them with recent historical values. Indian Palm Wax prices are now below the one-month high but remain above the three-month and six-month anchors supplied in the market data. The latest figures underline the contrast between the recent correction and the stronger medium-term price position. Palm Wax, Palm Wax Prices, Weekly Decline, Monthly Decline, Three Month Gain, Six Month Gain
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New Delhi, Marketing, Indian Palm Wax Prices
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