Bulletin Updates

Kandla Acetone market on a downward trend – 5 Sep 2024

Sep 05, 2024

The Acetone (imported tanker load) market at Kandla has shown significant stability, according to Indian Petrochem analysts. After a steady trend starting on August 17, 2024, a critical stability phase was observed till August 26, 2024. However, on September 5, 2024, on the back of supply overhang, the price of the material was pushed down to Rs.90/kg. Although there were expectations of further price increases, the market has now stabilised, with prices adjusting from Rs.91.5/kg to Rs.90/kg

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