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India's RIL further increases prices of PTA & MELT; MEG unchanged

04 Aug '23
1 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Reliance, India's largest player in the polyester value chain, has increased the prices of PTA and MELT but kept MEG prices the same.
  • The company has been aggressive in pricing after hindrance in imports, raising PTA and MELT by about 7 per cent in the last month.
  • Prices are effective from the coming Saturday.
  • It increased the prices of PSF to ₹106 per kg.

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