Indian PTMEG prices
PTMEG strengthened to Rs 280.00/kg this week from Rs 275.00/kg last week, registering a weekly gain of Rs 5.00/kg. Indian PTMEG prices are also Rs 12.00/kg above the Rs 268.00/kg assessment recorded two weeks earlier. The latest level extends the upward movement observed across the recent weekly and fortnightly comparisons and places the material at the supplied recent high.
The one-month comparison shows a rise of Rs 16.00/kg. Over three months, PTMEG has advanced Rs 10.00/kg from Rs 270.00/kg, while the six-month comparison shows an increase of Rs 32.00/kg from Rs 248.00/kg. The broader supplied trading range runs from a low of Rs 238.00/kg to the latest high of Rs 280.00/kg. PTMEG prices in India are therefore positioned at the top of that stated range after gains across each of the supplied comparison periods.
Reference levels are indicated at Rs 280.00/kg on the high side and Rs 270.00/kg on the low side. Indian PTMEG prices have displayed relatively limited volatility around the latest level even as the broader comparisons remain positive. Buyers, traders and procurement teams can use the weekly, fortnightly, monthly, three-month and six-month figures as verified baselines for evaluating domestic offers and current market positioning. PTMEG, Polytrimethylene Ether Glycol, Weekly Gain, Price Increase, Recent High, Market Strength
Read the full verified update on IndianPetrochem.com.
