Rising crude oil lifts polyester raw material prices
Rising crude oil lifts polyester raw material prices — Polyester raw material costs in India are rising due to higher crude oil prices. Key inputs like PTA and MEG may see 5–8% price increases, impacting margins for downstream manufacturers. Traders should monitor crude futures and textile sector cost pressures.
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This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.