PTMEG market in Mumbai may see prices fall | |
The Mumbai chemical market is showing signs of price stability for Polytetramethylene Ether Glycol (PTMEG), supported by steady domestic supply and seasonally lower demand from key sectors such as pharmaceuticals and sanitizer production. These industries typically see a slowdown during this time of year. Polytetramethylene ether glycol (PTMEG) prices in the Mumbai chemical market have witnessed a decline, from Rs. 278/kg on May 29 to Rs. 273/kg today. Local manufacturers in Maharashtra have reported stable production levels, helping to cushion the market from global raw material supply disruptions stemming from shipping delays in China. Unlike the northern markets, which have reacted sharply to logistics challenges and strict Chinese export policies, Mumbai continues to benefit from efficient local procurement and flexible logistics networks, contributing to overall market stability. Traders caution that if China's export situation deteriorates further, upward pressure on prices in Mumbai could emerge. For now, however, the market remains well-balanced and resilient, PTMEG Prices in India, Indian Prices PTMEG, Indian PTMEG Prices, Indianpetrochem. | |
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Target State: All States Target City : delhi Last Update : 03 June 2025 5:04 PM Number of Views: 18 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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