TOTM prices on a downward move | |
Indian Petrochem analysts noted a downward revision in domestic intact Totm prices in on May 22, 2025 The rate eased to Rs.337/kg, falling from the previous Rs.338/kg, reflecting a modest Re.1/kg decline amid shifting market sentiment. Market sources attribute the decline to a sudden spike in domestic supply, as distributors released large volumes into the market. The resulting oversupply has exerted downward pressure on prices. This trend has been further intensified by the arrival of lower-priced imported TOTM, pushing local producers to cut rates to stay competitive. Industry observers suggest the current price correction may be short-lived. “It appears to be a temporary adjustment,” said a trade source. “Once supply levels stabilise or demand picks up, prices are likely to recover.” Stakeholders remain cautiously optimistic, monitoring the market closely as they anticipate a more balanced supply-demand scenario in the coming weeks, TOTM Prices in India, Indian TOTM Prices, Indian Prices TOTM, Indianpetrochem. #TOTMpricesinIndia #IndianTOTMprices #IndianpricesTOTM #Indianpetrochem | |
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Target State: All States Target City : delhi Last Update : May 22, 2025 9:44 AM Number of Views: 30 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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