Rubber Accelerator market recovers from recent correction

Rubber Accelerator market values rebounded this week following softer movement recorded during the middle of May. Lanxess TMTD grade in Delhi was assessed at Rs 432/kg on May 18, increasing Rs 22/kg from the prior assessment after trading near Rs 410/kg during earlier sessions. Indian Rubber Accelerator prices therefore recovered part of the earlier fortnight decline and returned close to the upper side of the recent domestic range. Trading conditions through the latest sessions also became more active compared with the steadier movement observed during April.
Over the past two weeks, prices fluctuated between Rs 410/kg and Rs 432/kg, reflecting wider movement than the narrower ranges recorded during late April. Indian Rubber Accelerator prices continued to remain significantly above the broader six-month low near Rs 280/kg, maintaining a firmer market structure despite intermittent corrections. Rubber Accelerator prices in India nevertheless remained below the recent peak near Rs 452/kg, where resistance continued to develop during recent trading activity. Support remained visible around Rs 410/kg as procurement discussions focused on whether current recovery levels could continue holding through the coming market cycle.
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