MEG slips weekly, quarter view stays steady
Monoethylene Glycol softened on the week, closing at Rs 46.50/kg, down Rs 1.00/kg from last week. The move follows a firmer patch earlier in the month and brings the benchmark away from the recent high. In this setting, Indian Monoethylene Glycol prices are steady enough for routine procurement planning, with the weekly change still within a manageable band for most contract-linked buying.
Across key anchors, the fortnight change is down Rs 0.75/kg, while the one-month view remains higher by Rs 2.00/kg. The three-month comparison is slightly lower by Rs 0.50/kg, showing the quarter is broadly stable despite the latest dip. The six-month view is lower by Rs 6.00/kg, reinforcing that the broader medium-term tone is softer. Over the past month, prices moved between Rs 44.25/kg and Rs 47.50/kg, keeping volatility contained and providing clear reference points for tender checks.
Year on year, the marker is lower by Rs 9.75/kg, offering context for annual budgeting resets and longer contract reviews. For teams tracking Monoethylene Glycol prices in India, Rs 44.25/kg remains the nearest recent low marker, while Rs 47.50/kg is the closest month high reference. Indian Monoethylene Glycol prices continue to be defined by measured weekly adjustments and a clear month corridor, MEG prices, MEG market, weekly slip, quarter view steady, chemical trends. Read the full verified update on IndianPetrochem.com.
