Indian PET Prices

PET remained at Rs 137.00/kg this week, unchanged from the previous week and maintaining a stable immediate market baseline. Indian PET prices are also unchanged compared with one month ago, although the fortnight comparison shows an increase of Rs 5.00/kg. The recent pattern therefore combines short-term stability with an earlier upward adjustment, giving procurement teams a clear reference point for current domestic transactions.
Over the past three months, PET has gained Rs 7.00/kg, indicating recovery from earlier lower levels. On a six-month basis, however, the price is down Rs 8.00/kg. The strongest comparison is year-on-year, with the current Rs 137.00/kg level standing Rs 38.00/kg above the Rs 99.00/kg level recorded a year earlier. Indian PET prices remain below the annual high of Rs 148.00/kg, while recent assessments have been described as trading near the lower end of the recent range.
PET prices in India currently have support around Rs 130.00/kg and resistance around Rs 140.00/kg. These levels, together with the weekly, fortnightly and longer-term comparisons, provide useful benchmarks for procurement reviews and transaction assessment. The market data show a stable weekly and monthly position, a firmer three-month performance and a weaker six-month comparison, while the year-on-year baseline remains substantially higher. PET, Polyethylene Terephthalate, Stable Market, Fortnightly Gain, Monthly Stability, Indian PET Market
Read the full verified update on IndianPetrochem.com.