Monoethylene Glycol recorded a weekly increase in Kandla, closing at Rs 65.00/kg after rising by Rs 5.00/kg. Indian Monoethylene Glycol prices are now positioned above the stated support level of Rs 60.00/kg but below the resistance reference of Rs 79.00/kg. The latest recovery follows a period of substantial declines, making the comparison period important when assessing the current market position.
The monthly movement remains negative, with MEG down Rs 14.00/kg from Rs 79.00/kg. Over three months, prices have declined by Rs 28.00/kg from Rs 93.00/kg. The six-month comparison moves in the opposite direction: the current assessment is Rs 20.75/kg higher than the Rs 44.25/kg level recorded six months ago. This combination places the weekly increase within a market that is lower than recent monthly and quarterly baselines but higher than its six-month starting point.
Buyers tracking Monoethylene Glycol prices in India can use Rs 60.00/kg as the stated support marker and Rs 79.00/kg as the resistance level. Indian Monoethylene Glycol prices should also be compared with the Rs 93.00/kg three-month benchmark and the Rs 44.25/kg six-month baseline. These figures provide procurement teams with several dated reference points for evaluating quotations, replacement costs and changes against previous purchase orders. The latest Rs 5.00/kg increase should be read alongside the larger Rs 14.00/kg monthly and Rs 28.00/kg three-month declines. Monoethylene Glycol, MEG, Chemical Prices, Weekly Recovery, Kandla Market, Petrochemical Prices.
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New Delhi, Marketing, Indian Monoethylene Glycol Prices
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