Indian PTMEG prices
PTMEG prices moved slightly lower this week, marking a pause after a strong upward trend observed over the past month. Indian PTMEG prices declined by Rs 2/kg to Rs 278.00/kg, reflecting cautious market sentiment following earlier gains. The decline from Rs 282.00/kg levels seen two weeks ago indicates a short-term adjustment rather than a structural shift in pricing.
Monthly performance remains firm with a Rs 19.00/kg increase, while the three-month trend highlights a steady rise of Rs 32.00/kg from Rs 246.00/kg. The market has witnessed volatility, with a peak of Rs 314.00/kg and a low of Rs 233.00/kg in recent months. Indian PTMEG prices are currently trading close to resistance at Rs 280.00/kg and supported at Rs 270.00/kg. PTMEG prices in India suggest a stable but cautious trading environment, with buyers adjusting positions amid reduced volatility and limited price swings, PTMEG, PTMEG Prices, Minor Correction, Strong Rally, Chemical Market, Price Adjustment.
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