Indian POM Prices

POM moved lower during the latest weekly assessment, closing at Rs 238.00/kg compared with Rs 245.00/kg a week earlier. Indian POM prices declined by Rs 7.00/kg on both the weekly and fortnightly comparisons, confirming that the recent adjustment was concentrated in the latest trading period. The month-on-month movement is steeper, with POM down Rs 15.00/kg from Rs 253.00/kg. Longer-period comparisons remain different from the short-term direction. The current value is Rs 4.00/kg above the level recorded six months earlier and Rs 77.00/kg higher than the Rs 161.00/kg assessment from the same period last year. The recent high was Rs 253.00/kg, meaning the latest market value is Rs 15.00/kg below that reference point. POM prices in India are therefore showing near-term weakness against a much firmer annual baseline. Indian POM prices currently carry stated support around Rs 230.00/kg and resistance around Rs 245.00/kg. These levels offer procurement teams clear reference markers while comparing current purchase indications against recent domestic movements. Weekly, fortnightly and monthly data are all negative, while six-month and year-on-year comparisons remain positive. Polyoxymethylene, POM, Weekly Decline, Monthly Decline, Six Month Gain, Annual Gain
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