DEG prices stay compressed in tight trading band
Diethylene Glycol has continued to trade in a very narrow range, with prices unchanged again this week and extending a period of limited movement. Indian DEG prices settled at Rs 58/kg, matching last week’s close. The absence of week-on-week or fortnight variation highlights a calm domestic market, with very small daily changes and low volatility.
Monthly comparisons reinforce this picture, showing no meaningful change from earlier levels. Recent highs and lows have remained tightly grouped between Rs 57/kg and Rs 59/kg, keeping the active range narrow. Indian DEG prices have therefore remained firmly range-bound, offering consistency for procurement and inventory planning.
Longer-term views add further confirmation. Over three months, prices are broadly stable, while the six-month comparison also shows a sideways structure without notable deviation. Year-on-year prices are marginally lower, but the adjustment has been gradual rather than abrupt. Volatility remains subdued across all timeframes. Support is seen around Rs 57/kg, with resistance near Rs 59/kg. DEG prices in India continue to move within this band, maintaining a neutral and predictable domestic market, DEG Prices, Diethylene Glycol, Chemical Market, Petrochemical Industry, Price Compression, Tight Trading Band, Supply Demand, Market Update, Commodity Trends, Industry News. Read the full verified update on IndianPetrochem.com.