Indian PTMEG Prices

PTMEG in Ahmedabad has moved lower during the latest weekly assessment, declining by Rs 4.00/kg from Rs 275.00/kg to Rs 271.00/kg. The fortnightly comparison shows a larger decrease of Rs 9.00/kg. Indian PTMEG prices have therefore weakened across the latest short-term periods, although the available data show that longer comparisons remain relatively resilient.
The monthly assessment is still Rs 3.00/kg higher than one month earlier. Over the past three months, PTMEG has increased by Rs 6.00/kg from Rs 265.00/kg. PTMEG prices in India consequently remain positive on both the monthly and three-month comparisons despite the latest weekly correction. The product has also traded near a recent high of Rs 280.00/kg, placing the present Rs 271.00/kg assessment Rs 9.00/kg below that marker.
Current support is identified around Rs 268.00/kg, while resistance is indicated near Rs 275.00/kg. The latest price sits between those reference levels after the week's decline. Recent volatility has remained limited, with price movements largely contained around the prevailing range.
Indian PTMEG prices can therefore be evaluated through a mixed set of short- and medium-period changes: lower across one week and one fortnight, but higher across one month and three months. These comparisons provide procurement teams with several useful benchmarks for assessing current domestic offers. PTMEG, PTMEG Market, Weekly Decline, Fortnightly Decline, Monthly Gain, Three-Month Gain
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