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Indian producers revised purified terephthalic acid (PTA) upward by &#****;*.** per kg to &#****;**.** (~$*.**) per kg. Monoethylene glycol (MEG) was retained at &#****;**.** (~$*.**) per kg. Polyester melt prices were increased by &#****;*.** per kg to &#****;**.** (~$*.**) per kg, reflecting cost transmission along the value chain as upstream energy-linked inputs strengthened.
Indian producers need to adjust pricing of raw materials on crude oil volatility in the world market. They also align prices in line with price movement in China as they have direct competition from Chinses producers, especially after removal of quality control orders (QCO).
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
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