EGMEA holds steady as month view improves
EGMEA posted a small weekly gain while keeping the fortnight measure flat, pointing to controlled movement in the latest assessments. The month view is firmer, suggesting the recent rise has been built over several weeks rather than in a single step.
The product was assessed at Rs 138/kg on February 18, up Rs 1/kg from the prior week. The fortnight comparison is unchanged, while the one-month move shows a Rs 7/kg rise. Indian Ethylene Glycol Monoethyl Ether Acetate prices are therefore slightly higher on the weekly anchor and clearly firmer on the month benchmark used in budget alignment.
Across the recent dataset period, the high was around Rs 162/kg and the low was near Rs 131/kg. The latest assessment sits between these markers, well below the high and above the low. On a three-month comparison, prices are Rs 1/kg lower, while the six-month view shows a Rs 4/kg decline, providing longer context around the recent month-on-month improvement.
Volatility has been moderate, reflected in the distance between the recent high and low prints, even though the latest weekly move was small. EGMEA prices in India remain relevant for procurement teams aligning week-to-week references with monthly checkpoints. Indian Ethylene Glycol Monoethyl Ether Acetate prices are being tracked against the recent high and low markers to assess stability using only verified prints, EGMEA, EGMEA Market, Ethylene Glycol MEA, Holds Steady, Month View Improves, Stable Prices, Petrochem Update, Chemical Market.
Read the full verified update on IndianPetrochem.com.