MEG trades steady after a flat week
MEG was assessed at Rs 46.50/kg on 03 Mar 2026, unchanged week on week from Rs 46.50/kg. The stable print keeps the near-term market anchored, even as longer comparisons remain softer than prior periods.
Indian Monoethylene Glycol prices are lower by Rs 0.75/kg versus the fortnight reference of Rs 47.25/kg and lower by Rs 1.00/kg compared with the month anchor of Rs 47.50/kg. Over three months, the reference point is Rs 43.00/kg, placing the latest assessment higher on a quarterly lens. Recent range markers show the market has printed near a high around Rs 47.50/kg and a low near Rs 43.00/kg, defining the working band used by procurement teams. The six-month benchmark stands at Rs 51.00/kg, and the year-on-year point is Rs 56.25/kg, underscoring that current levels remain below last year’s base.
Weekly movement has been limited, which helps coverage planning where stable baselines are preferred. Buyers tracking Monoethylene Glycol prices in India can use the three-month high and low as reference points while monitoring whether the market remains near mid-to-upper levels of the recent spread. Indian Monoethylene Glycol prices continue to show stability on the weekly lens, MEG, Mono Ethylene Glycol, Trades Steady, Flat Week, Polyester Market, Petrochemicals, Price Trend.
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