Indian PET Prices

Polyethylene Terephthalate prices in Ahmedabad declined to Rs 134.00/kg from Rs 137.00/kg in the previous week. Indian PET prices were therefore down Rs 3.00/kg week on week, matching the Rs 3.00/kg decline recorded over the fortnight. The latest softening follows earlier gains, with the current assessment still Rs 7.00/kg above the Rs 127.00/kg level recorded one month ago.
Longer-term comparisons also remain above earlier benchmarks. The latest Rs 134.00/kg assessment is Rs 4.00/kg higher than the Rs 130.00/kg level three months ago and Rs 2.00/kg above the Rs 132.00/kg assessment six months earlier. Indian PET prices have increased by Rs 26.00/kg from Rs 108.00/kg on the year-on-year comparison. During the past year, the highest reported price was Rs 152.00/kg and the lowest was Rs 65.00/kg.
For buyers tracking PET prices in India, the reported support level is around Rs 130.00/kg, while resistance is positioned near Rs 137.00/kg. The current Rs 134.00/kg price lies between those markers. Procurement teams can compare supplier indications with the weekly decline, one-month gain, three-month and six-month changes, and the wider Rs 65.00-152.00/kg annual range when assessing current Ahmedabad market quotations. Polyethylene Terephthalate, PET, Weekly Decline, Fortnightly Decline, Monthly Gain, Six Month Gain
Read the full verified update on IndianPetrochem.com.