HDPE Prices Rise ₹2,000/MT in India; China Polymer Futures Jump
India's polymer market witnessed fresh price increases in HDPE Pipe and Injection Moulding grades, while China polymer futures recorded strong gains across PP, LLDPE and PVC.
Global Market
Brent Crude Oil: $114.73/bbl ▼ 0.93%
USD/INR: ₹95.37/$ ▲ 0.20%
China Polymer Futures
USD/MT | Change vs Previous Close
- PP: $1,328 ▲ $74
- LLDPE: $1,214 ▲ $49
- PVC: $681 ▲ $12
All three polymer futures moved higher, indicating stronger market sentiment in China.
Domestic Polymer Price Revisions
Effective 27 October 2026
- HDPE Pipe & IM: ▲ ₹2,000/MT
- Other PE & PP Grades: No Change
Effective 26 October 2026
- GPPS & HIPS: ▲ ₹4,000/MT
What's Happening In The Market?
- China Futures Rise: Stronger PP, LLDPE and PVC futures may lead to higher Asian polymer offers
- Domestic HDPE Hike: HDPE Pipe and Injection Moulding grades increased by ₹2,000/MT, while other PE and PP grades remained unchanged.
- Crude & Currency: Crude prices declined, but a weaker rupee may keep imported polymer costs elevated.
PolyMart Perspective
- Market Watch: Monitor crude oil, USD/INR, China polymer futures and domestic producer price revisions to understand market direction.
- Smart Procurement: Maintain moderate inventory and procure cost-efficient available material based on actual requirements.
PolyMart | Procure With Purpose.
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