India’s Reliance keeps PSF price unchanged at ₹99 per kg

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Reliance has rolled over the price of Polyester Staple Fibre (PSF) at ₹99 per kg after it slashed the price to bring it below ₹100 per kg. RIL had earlier decreased the prices of purified terephthalic acid (PTA) and monoethylene glycol (MEG). However, it increased the price of MELT. It reviews price trends in China and fluctuations in crude oil to fix prices of polyester. 

Sources said that the company provides a discount of ₹10-12 per kg, which brings the actual prices of PSF down to ₹89 per kg. The company revises PSF prices on a fortnightly basis. 

Reliance has rolled over the price of Polyester Staple Fibre (PSF) at ₹99 per kg after it slashed the price to bring it below ₹100 per kg. RIL had earlier decreased the prices of purified terephthalic acid (PTA) and monoethylene glycol (MEG). It increased the price of MELT. It reviews trends in China and fluctuations in crude oil to fix prices of polyester.

On Friday, RIL had fixed PTA price at ₹75.90 per kg (-1.10), MEG at ₹54.70 per kg (+2.00) and MELT at ₹83.87 per kg (-0.27). The new prices of polyester raw materials came into effect from Saturday. 

Fibre2Fashion News Desk (KUL)


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