Indian PP Prices

Mumbai PP was assessed at Rs 160.00/kg this week, unchanged from the previous week's level. Indian PP prices therefore recorded no week-on-week movement, keeping the near-term market stable after earlier gains. The latest assessment is Rs 3.00/kg above the level recorded one month ago, showing that recent firmness has been retained despite the absence of a fresh weekly increase.
The longer-term comparisons remain considerably stronger. PP has appreciated by Rs 14.00/kg over three months from Rs 146.00/kg, while the six-month increase stands at Rs 17.00/kg from Rs 143.00/kg. Compared with the year-ago reference of Rs 94.00/kg, the current price is higher by Rs 66.00/kg. The recorded annual range spans Rs 88.00/kg at the low end and Rs 168.00/kg at the high end. PP prices in India are consequently positioned well above the lower historical benchmarks while remaining Rs 8.00/kg below the stated annual high.
Market reference levels place support near Rs 156.00/kg and resistance at Rs 168.00/kg. For buyers, sellers and procurement desks, these markers help frame current quotations against the recent trading structure without changing the underlying reported assessment. Indian PP prices remain steady on the week while maintaining the gains accumulated across the one-month, three-month, six-month and annual comparisons. PP, PP Prices, Stable Market, Monthly Gain, Three Month Gain, Six Month Gain
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