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India’s polyester market sees mixed trend amid crude oil volatility

India’s polyester market sees mixed trend amid crude oil volatility



India’s polyester market sees mixed trend amid crude oil volatility

In the Indian market, purified terephthalic acid (PTA) prices increased by ****;* per kg to ****;**.* per kg for this week. Monoethylene glycol (MEG) prices remained stable at ****;**.** per kg, while melt prices rose by ****;*.** per kg to ****;***.** per kg, supported by higher upstream costs and firm polyester chain sentiment.

Domestic polyester yarn producers revised prices upward during the week. One major producer increased POY price by ****;* per kg across all deniers and lustres with effect from June *, ****. The producer revised ***/** semi-dull POY prices to ****;*** per kg. The producer had earlier increased fine denier roto yarn prices by ****;* per kg from June *, citing higher power costs.



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