Indian Polyethylene Glycol Prices

Polyethylene Glycol prices in Ahmedabad declined marginally during the latest reporting week, reaching Rs 165.00/kg from Rs 166.00/kg. Indian Polyethylene Glycol prices decreased by Rs 1.00/kg, representing a weekly reduction of approximately 0.60%. However, the monthly comparison remains positive, with the latest quotation standing Rs 11.00/kg above the earlier implied level of Rs 154.00/kg. This distinction highlights the difference between the latest weekly easing and the cumulative monthly increase.
The three-month comparison shows a decline of Rs 3.00/kg from Rs 168.00/kg. Over six months, the product has decreased by Rs 9.00/kg from Rs 174.00/kg, equivalent to approximately 5.17%. The supplied one-year trading range extends from Rs 108.00/kg to Rs 198.00/kg, placing the current quotation between these historical reference points.
Indian Polyethylene Glycol prices are currently being assessed against support near Rs 160.00/kg and resistance around Rs 170.00/kg. The latest Rs 165.00/kg quotation stands midway between these levels.
Polyethylene Glycol prices in India therefore show a positive monthly comparison despite weaker weekly, quarterly and six-month movements. For purchasing departments, this mixed pattern makes the selected historical comparison period important when reviewing current supplier quotations.
The reported figures provide a basis for assessing price changes against previous purchase levels without attributing the movements to unverified market developments. Polyethylene Glycol, PEG, Weekly Decline, Monthly Gain, Three Month Decline, Six Month Decline
Read the full verified update on IndianPetrochem.com.