Polyester raw material prices in India moved lower after Reliance Industries Limited (RIL) cut the domestic price of purified terephthalic acid (PTA) by Rs 3.40 per kg to Rs 107.60 per kg in its 17 October 2026 price revision. The company also lowered polyester melt to Rs 116.91 per kg, while monoethylene glycol (MEG) stayed at Rs 71.70 per kg, according to a Fibre2Fashion report dated 19 October 2026.
The revision matters for spinners and fabric makers because PTA and MEG are the two main building blocks of polyester. The report said polyester staple fibre (PSF) prices were left unchanged despite volatility upstream, and that Chinese PTA and MEG quotations weakened after an initial rally following the holiday period in China.
What Did Reliance Change in Polyester Raw Material Prices?
RIL reduced PTA by Rs 3.40 per kg, taking it to Rs 107.60 per kg. It also reduced polyester melt to Rs 116.91 per kg. MEG was held at Rs 71.70 per kg, and PSF prices did not change. The size of the cut in polyester melt was not available in the source text reviewed for this article.
Why Are Polyester Raw Material Prices Softening?
Fibre2Fashion pointed to two main factors: crude oil price movements and subdued yarn demand. Weaker Chinese PTA and MEG quotations also fed into the Asian price trend after the early post-holiday rally faded.
What Does This Mean for India’s Textile Industry?
Lower PTA and melt prices reduce input costs for polyester yarn and fibre producers, which can ease pressure on margins if downstream demand stays weak. The unchanged PSF price shows that producers did not pass the PTA cut through to fibre in this revision. Industrial Front earlier reported on 24 September 2026 that polyester yarn prices had risen on a crude oil spike, so this move marks a reversal in the PTA direction.
Market Reaction and Industry Response
No stock-market reaction, analyst commentary or trade-body statement on this specific revision was found in the sources reviewed. The report itself describes yarn demand as subdued, which limits how quickly lower raw material costs could translate into higher buying activity.
What Happens Next?
The next RIL price revision, movements in crude oil and the direction of Chinese PTA and MEG quotations will decide whether the softer trend continues. Buyers of polyester yarn and fibre should watch whether producers extend the PTA cut into PSF and yarn prices in coming weeks.
Frequently Asked Questions
What is the new PTA price in India?
Following RIL’s 17 October 2026 revision, PTA is priced at Rs 107.60 per kg, down Rs 3.40 per kg.
Did MEG prices change?
No. MEG stayed at Rs 71.70 per kg in the same revision.
Why does PTA matter for textiles?
PTA is a core raw material for polyester. Changes in its price flow into polyester melt, fibre and yarn costs for Indian textile manufacturers.
Leave a comment