Indian Diethylene Glycol prices
Diethylene Glycol (DEG) prices have edged lower this week, declining by Rs 1/kg to Rs 93/kg from Rs 94/kg in the previous session. The movement reflects a minor correction following a strong upward trend observed over recent weeks. Indian Diethylene Glycol prices continue to remain firm overall, supported by steady domestic demand and stable trading conditions in the Kandla market.
Over the past month, prices have increased by Rs 18/kg, while the three-month trend shows a significant rise of Rs 50/kg. A six-month comparison indicates an increase of Rs 33/kg, reinforcing the sustained upward momentum in the market. Indian Diethylene Glycol prices are currently positioned close to recent highs, despite this slight dip. Diethylene Glycol prices in India continue to reflect strong recovery from earlier levels, with limited downside pressure observed in recent sessions.
Key resistance is noted at Rs 94/kg, while support is seen around Rs 90.50/kg. Trading activity has remained stable, with minimal volatility and consistent participation from market players, DEG, DEG Prices, Market Correction, Slight Dip, Chemical Market, Post Rally Adjustment.
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