The Mumbai chemical market has witnessed an increase in PEG 600 prices, a vital component used in industries such as lubricants, hydraulic fluids, and coolants. As of March 28, 2025, the price of PEG 600 has risen by Rs. 2 per kg, reaching Rs.126/kg, compared to Rs. 124/kg recorded last week. Industry analysts attribute this price hike to increased demand from industrial sectors coupled with supply constraints in the local market. Market participants are closely monitoring these developments, an – 28 Mar 2025