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Polyester fibre, raw materials see sharpest single-day rise in India

10 Mar '26

2 min read

Polyester fibre, raw materials rise 20% in India, sharpest single-day

Pic: Shutterstock.com

Insights

India's polyester value chain saw its sharpest single-day price surge as producers raised PSF and key feedstock prices by nearly 20 per cent amid tight upstream supply and petrochemical volatility linked to Middle East tensions.
Despite recent crude oil correction, producers maintained higher prices, signalling persistent cost pressure and likely near-term volatility across the polyester chain.

Polyester feedstock prices surged sharply on March **, ****. Purified terephthalic acid (PTA) jumped by &#****;**.* to &#****;***.* per kg, while monoethylene glycol (MEG) increased by &#****;*.* to &#****;**.* per kg. Polyester melt prices also rose significantly by &#****;**.** to &#****;***.** per kg, signalling a strong upward shift across the polyester production chain.

Industry sources said the increase marks the largest single-day rise in polyester raw material prices in recent years, driven by supply concerns and earlier spikes in global petrochemical feedstocks after the escalation of the US-Israel-Iran conflict. Since the start of the conflict, polyester raw materials had already risen by around **-** per cent before the latest revision.