PTMEG prices consolidate near recent highs
The Polytetramethylene Ether Glycol market has settled into a steady phase after rising earlier in the month. Recent sessions have seen limited movement, keeping prices close to recent highs and maintaining a calm, predictable trading environment.
Indian Polytetramethylene Ether Glycol prices were assessed at Rs 830/kg this week, unchanged from the previous week. This flat result follows the earlier recovery and confirms that prices have paused rather than continued higher. On a fortnight comparison, PTMEG is higher by Rs 10/kg, while the month view shows values stabilising after that increase.
Compared with three months ago, prices are marginally firmer, reflecting a modest improvement over the quarter. Year-on-year comparisons show current levels slightly below last year’s peak, placing today’s prices in a balanced historical context. Trading activity has remained steady, with no expansion in daily ranges and movements staying controlled.
Prices have remained comfortably above recent lower trading levels near Rs 800/kg, reinforcing the consolidation theme. Support is seen around Rs 810/kg, while resistance lies near Rs 835/kg, framing near-term movement. Buyers monitoring Polytetramethylene Ether Glycol prices in India may find the current stability supportive for short-term procurement planning, PTMEG Prices, PTMEG Market, Polymer Chemicals, Spandex Industry, Chemical Prices, Market Consolidation, Supply Demand, Petrochemical Market, Industry Update. Read the full verified update on IndianPetrochem.com.