#megmarket

[petrochemindian]

Indian Monoethylene Glycol prices

Monoethylene Glycol prices in Mumbai eased by Rs 1.00/kg this week, settling at Rs 78.00/kg against Rs 79.00/kg last week. Indian Monoethylene Glycol prices had previously gained Rs 7.50/kg over the past fortnight, so the latest move reflects a modest correction after a firm upward phase. The market remains well above levels seen three months ago, keeping the broader domestic price trend positive.

During the past month, Monoethylene Glycol increased by Rs 7.00/kg, showing resilience after lower prices earlier this year. The three-month comparison shows a sharp increase of Rs 31.50/kg, while the wider one-year range remains substantial, with a high of Rs 94.00/kg and a low of Rs 43.00/kg. Indian Monoethylene Glycol prices are now moving between support around Rs 70.50/kg and resistance near Rs 79.00/kg. Monoethylene Glycol prices in India continue to show volatility as traders assess recent movements and trading thresholds, Monoethylene Glycol, MEG Market, Petrochemicals, Chemical Prices, Market Correction, Commodity Trading.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian Monoethylene Glycol (MEG) prices

MEG ended the week stronger and remained close to its latest peak, keeping the market tone firm for domestic buyers. The product settled at Rs 95/kg, up Rs 5/kg week on week and Rs 32/kg above the level seen a fortnight earlier, showing that the rise has carried through several assessment points without losing shape. Indian Monoethylene Glycol (MEG) prices have stayed on an upward path with orderly moves, giving procurement teams a clear short-term reference point rather than a choppy pattern.

The medium-term picture is also stronger. The current assessment is Rs 41/kg above the month-ago mark, Rs 46/kg above the level from three months back, and Rs 38/kg higher than six months ago. That places the latest number near the upper end of recent trading, with the market having moved from around Rs 52/kg to Rs 95/kg across the recent window. Indian Monoethylene Glycol (MEG) prices are therefore holding close to the top of the observed range rather than drifting back.

For readers monitoring Monoethylene Glycol (MEG) prices in India, the latest structure shows a firm market with limited short-term pullback. The weekly rise is smaller than the full month move, which means the market has advanced in stages rather than in a single burst, MEG, MEG Market, Market Update, High Levels, Chemical Industry, Petrochemicals. 

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

MEG holds near upper range after steady gains

Monoethylene Glycol prices in the domestic market have stabilised following a sequence of earlier increases that lifted the benchmark through the latest reporting cycle. Indian Monoethylene Glycol prices currently stand at Rs 61/kg, placing the product near the upper boundary of its most recent trading band. The move developed gradually across multiple sessions, with incremental daily gains shaping the upward trend.

Earlier observations during the same window recorded prices near Rs 43/kg, which represents the lower edge of the recent range. The transition from that level toward the current benchmark reflects a steady strengthening phase within the domestic glycol distribution market. Over the course of the observation period, Indian Monoethylene Glycol prices advanced through measured movements rather than sudden spikes, indicating a gradual repricing across supply channels. In the wider petrochemical environment, Monoethylene Glycol prices in India therefore show a clear expansion of the trading band.

Procurement teams and polyester manufacturers are closely monitoring whether the product maintains stability around the current benchmark or adjusts within the broader band. The present level provides an important reference for evaluating purchasing timing and contract negotiations across the domestic market, MEG, MEG Market, Monoethylene Glycol, Petrochemicals, Chemical Prices, Upper Range.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

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.

[petrochemindian]

MEG market stabilises after modest recent shifts

MEG has traded steadily toward the end of the month, with prices showing minimal week-on-week movement. The latest close at Rs 43.25/kg was unchanged from the prior week, reinforcing the calm tone seen in recent sessions. Indian MEG prices have edged lower by Rs 1.00/kg on a fortnight basis, while the month view shows a small net rise of Rs 0.25/kg, highlighting the narrow range that has defined December trading.

The wider context remains softer. Compared with three months ago, prices are down Rs 6.00/kg, indicating that recent stability follows an earlier downward adjustment. Over six months, prices are lower by Rs 8.75/kg, and year-on-year comparisons show a decline of Rs 11.75/kg. These figures place the latest flat movement firmly within a broader easing trend.

Over the past month, prices fluctuated between Rs 44.25/kg and Rs 43.00/kg, reflecting low volatility and well-defined reference points. Indian MEG prices are holding near the lower end of this recent band, with support seen around Rs 43.00/kg and resistance near Rs 44.25/kg. MEG prices in India therefore provide a stable short-term baseline for buyers monitoring domestic conditions, MEG Market, Ethylene Glycol, Petrochemical Industry, Chemical Market, Price Stability, Market Trend, Supply Demand, Commodity Prices, Industry Update, Market Analysis.

Read the full verified update on IndianPetrochem.com.