The monthly reference reinforces this pattern. PTMEG was assessed at Rs 260.00/kg one month earlier, leaving the current level Rs 13.00/kg lower. On a three-month basis, prices have fallen Rs 23.00/kg from Rs 270.00/kg. The broader market range contained in the supplied data runs from a recent low around Rs 220.00/kg to a recent high near Rs 290.00/kg.
PTMEG prices in India are consequently positioned below each of the supplied short- and medium-term comparison points. Indian PTMEG prices are also being monitored around an upper reference of Rs 250.00/kg and a lower reference near Rs 240.00/kg. Recent price changes have generally been small, giving procurement teams useful incremental reference points for assessing quotations without suggesting unusually large week-to-week volatility.
The current Rs 247.00/kg level can therefore be compared directly with the weekly, fortnightly, monthly and three-month baselines as well as the broader observed trading range.
PTMEG, PTMEG Market, Weekly Decline, Fortnightly Decline, Monthly Decline, Three-Month Decline
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