Latest Market News
US–Iran Tensions Escalate, Polymer Hike Risk Builds
US–Iran tensions escalate as crude moves above $90/bbl Renewed US–Iran military escalation around the Strait of Hormuz has increased concerns over energy supply and shipping. Iran launched attacks...
Weekly Polymer Market Summary
📊 Polymer Price Performance Polymer Current Price Weekly Change Monthly Change PP Raffia ₹141.80/kg +0.14% ↑ +0.07% ↑ LLDPE ₹129.80/kg −1.22% ↓ −9.80% ↓ HDPE BM ₹127.00/kg −0.16%...
Asian Polymer Offers Move Higher
Southeast Asian international polymer offers have moved higher across major PP and PE grades, indicating firmer regional market sentiment. Price Movement🔺 LLDPE: + $30/MT 🔺 PE Grades: +...
Crude Retreats as Hormuz Talks Ease Supply Concerns
Crude oil declined sharply to $85.36/bbl, down 2.19% today, extending a 3-day decline as renewed Iran–Oman talks raised hopes of safer shipping through the Strait of Hormuz. Recent...
Crude Eases, but Supply Risks Remain
Oil prices eased slightly to $90.33/bbl, while U.S.–Iran tensions and Strait of Hormuz risks continue to create uncertainty in global energy and shipping markets.Market Snapshot🛢️ Crude Oil: $90.33/bbl ▼...
Polymer Markets Navigate Heightened Global Risks
Domestic PET prices have increased by ₹2.50/kg, effective 24 August 2026.Meanwhile, global markets remain cautious as the U.S. prepares fresh sanctions against Iran. Iran’s warning to halt Persian...
Brent Crude Surges 6.63% Weekly
Brent Crude🔺 Brent crude closed at $94.39/bbl, gaining ~7% over the week from $88.52/bbl on 14th August.🔺 Continued US–Iran tensions, supply concerns and restricted energy flows are keeping...
📊 PolyMart Market Update
📈 Polymer Market Snapshot PolymerClosing ₹/kgWeeklyMonthlyQtrYearlyPP Raffia₹143.40+4.60% ↑+5.67% ↑+9.47% ↑+59.96% ↑LLDPE₹131.15+0.77% ↑+7.41% ↑-2.42% ↓+44.44% ↑HDPE BM₹126.90-1.17% ↓-3.17% ↓-12.72% ↓+41.79% ↑LDPE₹159.30+3.01% ↑+6.45% ↑+0.60% ↑+44.36% ↑PVC₹92.40+0.82% ↑+13.58% ↑+7.25% ↑+28.16% ↑...
DOMESTIC PP PRICES INCREASE
Domestic polypropylene prices have moved higher effective 21 August 2026, strengthening the market’s cost outlook.Price Revision🔺 IM / F&F / RCP: +₹3,000/MT🔺 SR20NC: +₹5,000/MT🔺 All other sectors: +₹2,000/MT🔺...
Polymer Markets Stay Firm as Crude Rises and Geopolitical Risks Persist
Global polymer markets remain firm amid higher crude oil prices, US–Iran tensions and firmer sentiment in China. US–Iran & Energy Market 🔺 US–Iran tensions remain elevated, while uncertainty...
