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

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

Insights

  • Reliance has raised the prices of MEG and MELT, while keeping PTA and PSF prices constant.
  • Last week's changes were reversed in MEG and MELT pricing.
  • RIL's pricing strategy includes reviewing trends in China and crude oil fluctuations.
  • The new prices, with PTA at ₹86.70 per kg, MEG at ₹52.20 per kg, and MELT at ₹92.31 per kg, will be effective from Saturday.

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