Indian Diethylene Glycol Prices

Diethylene Glycol strengthened in Hazira to Rs 112.00/kg, up Rs 2.00/kg from the previous week's level. Indian Diethylene Glycol prices have recorded the same Rs 2.00/kg increase over the latest fortnight, keeping the recent domestic trend firm. The current assessment also equals the stated one-year high of Rs 112.00/kg, placing the product at the upper boundary of the supplied annual range.
The one-month movement is considerably larger, with Diethylene Glycol gaining Rs 12.00/kg. Over three months, the product has increased by Rs 27.25/kg from Rs 84.75/kg. Diethylene Glycol prices in India have therefore recovered substantially from the lower levels recorded earlier in the year. The supplied one-year range extends from a low of Rs 0.79/kg to the current high of Rs 112.00/kg.
Support is identified around Rs 110.00/kg and resistance at Rs 112.00/kg. The latest assessment is directly at the stated resistance reference and Rs 2.00/kg above support. Recent trading has been described as steady, providing procurement teams with a clear set of short-term levels against which current Hazira offers can be compared.
The available figures show that Indian Diethylene Glycol prices have risen across the weekly, fortnightly, monthly and three-month comparisons, with the three-month increase substantially exceeding the latest short-term movement. Diethylene Glycol, DEG, Market Gain, Weekly Gain, Annual High, Hazira Market
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