| RIL reduces prices for PTA & MELT; MEG prices remain steady
23 Jun 23 1 min read
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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