Reliance Industries Limited (RIL), the largest contributor to India’s polyester value chain, has altered its pricing strategy, hiking the prices of purified terephthalic acid (PTA) and MELT for the upcoming week. In contrast, the price of monoethylene glycol (MEG) remained unaltered. This shift is notable as RIL had been cutting the prices of polyester raw materials until last week when it lowered the cost of PTA and MELT while keeping the price of MEG steady.