#megprices

[petrochemindian]

Indian Monoethylene Glycol prices

Monoethylene Glycol recorded another weekly decline, easing by Rs 2.00/kg to Rs 69.00/kg in Kandla. Indian Monoethylene Glycol prices have remained under pressure over the past month, with the market correcting by Rs 20.00/kg during that period.

The recent weakness contrasts with the broader gains seen earlier in the year. Three months ago, the product was trading at Rs 46.50/kg, placing the current market Rs 22.50/kg higher despite the recent correction. Earlier this year, prices had climbed as high as Rs 93.00/kg before adjusting lower in recent sessions. Current trading conditions remain relatively stable, helping procurement teams monitor movements more clearly. Monoethylene Glycol prices in India are currently trading near support around Rs 66.00/kg, while resistance is placed near Rs 72.00/kg. Indian Monoethylene Glycol prices remain well above the earlier three-month baseline even after recent declines, Monoethylene Glycol, MEG Prices, Chemical Market, Market Correction, Petrochemicals, Commodity Trading.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian Monoethylene Glycol prices

Monoethylene glycol prices have moved lower this week, continuing the declining trend observed over the past fortnight. Indian Monoethylene Glycol prices dropped by Rs 5.00/kg to Rs 80.00/kg in Kandla, down from Rs 85.00/kg last week. The cumulative decline of Rs 10.00/kg over two weeks and Rs 9.00/kg over the past month reflects sustained pressure following earlier gains.

Over a broader timeframe, the market has shown strong upward movement. Prices have risen by Rs 36.00/kg from Rs 44.00/kg recorded three months ago, indicating a significant recovery phase. The recent peak at Rs 93.00/kg earlier this month highlights the upper end of trading before the current correction. Indian Monoethylene Glycol prices are now aligned near support at Rs 80.00/kg, with resistance observed around Rs 85.00/kg. Monoethylene Glycol prices in India are currently trading near the lower boundary of the recent range, suggesting a phase of consolidation.

The ongoing trend reflects a stabilizing market structure, where fluctuations remain controlled and price movements are largely within defined levels, Monoethylene Glycol, MEG Prices, Market Weakness, Post Peak Decline, Chemical Market, Downtrend.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

MEG posts a small weekly gain in Mumbai

MEG recorded a modest weekly increase, offering a clearer reference for near-term replenishment decisions. The latest assessment was Rs 47.25/kg on 17 February 2026 in Mumbai, up Rs 1.00/kg from the prior week. For buyers monitoring Indian Monoethylene Glycol (MEG) prices, the move is notable for its size: small, but consistent with a firmer month view.

Compared with a fortnight ago, MEG is Rs 0.75/kg higher than Rs 46.50/kg. The month view shows a gain of Rs 2.75/kg from Rs 44.50/kg, indicating February levels have improved versus late January. Over three months, MEG is up Rs 0.75/kg from Rs 46.50/kg, while the six-month comparison is softer by Rs 3.50/kg from Rs 50.75/kg. Recent markers define a high near Rs 47.50/kg and a low near Rs 43.00/kg, placing today’s number near the upper end of the recent span without exceeding it. MEG prices in India remain inside that recent corridor, even as the latest weekly change turned positive. Year on year, the assessment is lower by Rs 9.25/kg from Rs 56.50/kg, meg, meg prices, mono ethylene glycol, chemical market, commodity update, weekly gain, mumbai marker, price trend, petrochemicals.

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 prices consolidate close to lower trading range

Monoethylene Glycol prices in the Indian market have steadied, with recent sessions showing little change and a subdued tone. After earlier declines, values are now consolidating near the lower end of recent movement, offering a clearer and more predictable backdrop for market participants.

Indian Monoethylene Glycol prices were assessed at Rs 44.5/kg this week, unchanged from the previous week. This flat weekly outcome highlights a stabilising pattern, as prices have remained largely steady over the past month. The absence of sharp adjustments suggests that near-term volatility has narrowed, keeping short-term trade conditions relatively calm.

Looking beyond the immediate horizon, a three-month view shows prices easing from earlier highs near Rs 56.5/kg. At the same time, the recent low around Rs 43/kg remains close, indicating that the market is holding just above the lower boundary of recent trading. On a year-on-year basis, prices are lower, reflecting the longer-term softness in the domestic MEG market. Despite this, recent data points to reduced selling pressure and consolidation rather than further slippage.

Support is identified near Rs 43/kg, with resistance around Rs 56.5/kg, defining a clear operating range. Buyers monitoring Monoethylene Glycol prices in India may find the current stability useful for short-term planning and budgeting, MEG Prices, Mono Ethylene Glycol, Polyester Market, Petrochemical Industry, Price Consolidation, Lower Trading Range, Supply Demand, Chemical Market, Commodity Trends, Industry Update. Read the full verified update on IndianPetrochem.com.

[petrochemindian]

MEG trades steadily within a compressed range

MEG prices in the Indian domestic market have remained tightly rangebound through early January, with only marginal upward movement recorded. The Kandla benchmark closed at Rs 43.50/kg on January 13, reflecting a Rs 0.25/kg increase over the past fortnight. Indian MEG prices have therefore shown stability rather than momentum, with limited day-to-day variation supporting a calm trading environment.

On a short-term basis, the fortnight comparison confirms the small uptick from Rs 43.25/kg around December 30. The month-on-month view shows a slightly firmer tone of Rs 0.50/kg compared with levels near Rs 43/kg in mid-December. Across these near-term anchors, the market narrative is one of consistency. Over the past 30 days, MEG traded between a recent high close to Rs 44.25/kg and a low near Rs 43/kg, keeping volatility compressed and transactions predictable.

Further out, the trend is softer. Three-month comparisons indicate prices are down by Rs 7.25/kg from around Rs 50.75/kg in mid-October, while the six-month view shows a decline of Rs 8/kg from approximately Rs 51.50/kg in mid-July. MEG prices in India are also below year-on-year levels, with current values under those recorded in January last year. Support is identified near Rs 43/kg, while resistance stands around Rs 44.25/kg, framing the current trading band. Indian MEG prices continue to signal consolidation within a narrow domestic range, MEG Prices, Mono Ethylene Glycol, Polyester Feedstock, Chemical Market, Petrochemical Industry, Price Stability, Compressed Range, Market Update, Commodity Trends, Industry News. Read the full verified update on IndianPetrochem.com.