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Prime Content | 
India's RIL further increases prices of PTA and MELT; MEG unchanged

07 Apr '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 while keeping MEG prices unchanged.
  • Rising crude oil prices and supply constraints in China have driven up upstream raw materials for polyester.
  • Reliance reviews price trends in China and fluctuations in crude oil to set polyester raw material prices.

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