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India's RIL continues to hike PTA, MELT prices; MEG kept unchanged

08 Sep '23
1 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Reliance Industries Limited (RIL) has announced prices for polyester raw material for the coming week beginning Saturday.
  • It has increased the prices of purified terephthalic acid (PTA) and MELT, while maintaining the existing rate for monoethylene glycol (MEG).
  • RIL's pricing approach is influenced by market trends in China and crude oil price fluctuations.

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