#polyestermarket

[petrochemindian]

Indian PET prices

PET prices have remained steady this week at Rs 148.00/kg, following a sharp increase over the past month. Indian PET prices have surged by Rs 42.00/kg recently, highlighting strong upward momentum and consistent market demand.

Over the past three and six months, prices have risen significantly from Rs 109.00/kg and Rs 99.00/kg respectively. The yearly increase of Rs 68.00/kg reflects a strong long-term trend. Indian PET prices continue to hold near peak levels, with limited volatility supporting stable trading conditions. PET prices in India remain firm, with resistance around Rs 150.00/kg and support near Rs 138.00/kg, PET, Polyester Market, Price Stability, Yearly Highs, Petrochemicals, Polymer Prices. Read the full verified update on IndianPetrochem.com.

[petrochemindian]

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.

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]

Domestic PET values stabilise after volatility

PET prices in the Indian domestic market held flat this week, bringing a pause after several weeks of pronounced adjustments. The Delhi benchmark closed at Rs 95/kg, unchanged from last week, even as the broader trend remains softer than earlier periods. Indian PET prices are marginally lower on a fortnight basis, while month-on-month comparisons show a clearer decline from levels above Rs 100/kg.

The lack of movement in the latest week contrasts with the wider trading range seen previously. Over the past three months, PET prices have fluctuated between a high of around Rs 103/kg and a low near Rs 72/kg. Current levels sit near the middle of this range, highlighting stabilisation rather than renewed weakness. Weekly trading was calm, with limited daily movements and no sharp intraday swings reported.

From a longer-term view, PET prices in India are lower on both six-month and year-on-year comparisons, reinforcing the subdued backdrop. The steadiness seen this week reflects market participants adjusting to a narrower band after earlier volatility. Support is identified near Rs 90/kg, while resistance around Rs 100/kg continues to cap near-term upside. Indian PET prices currently indicate consolidation within an established range rather than directional movement, Domestic PET, PET Prices, Polyester Market, Packaging Resins, Polymer Industry, Price Stability, Market Volatility, Chemical Market, Commodity Update, Industry News. Read the full verified update on IndianPetrochem.com.