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RIL reduces prices for PTA & MELT; MEG prices remain steady

23 Jun '23
1 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • RIL, India's dominant polyester chain entity, has reduced prices for purified terephthalic acid and MELT, while maintaining monoethylene glycol prices.
  • This move, influenced by crude oil price fluctuations and Chinese price trends, will be effective from the upcoming Saturday.
  • RIL has set PTA at ₹81.60/kg, MEG at ₹48.90/kg, and MELT at ₹86.80/kg.

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