Polymer Prices Rise Up to 77% Yearly, With Mixed Weekly Trends | 31 October 2026
India's polymer market continues to show strong yearly price growth, while weekly movements remain mixed. LLDPE, LDPE and PVC recorded increases, whereas PP and HDPE witnessed minor corrections.
Polymer Open Market Movement
PP — ₹149.70/kg | Weekly ▼0.96% | Monthly ▲0.54% | QTR ▲8.16% | Yearly ▲77.26%
LLDPE — ₹147.10/kg | Weekly ▲1.38% | Monthly ▲5.90% | QTR ▲10.60% | Yearly ▲68.98%
HDPE — ₹131.65/kg | Weekly ▼0.19% | Monthly ▼0.57% | QTR ▼0.34% | Yearly ▲51.85%
LDPE — ₹167.60/kg | Weekly ▲1.54% | Monthly ▲1.48% | QTR ▲7.02% | Yearly ▲54.40%
PVC — ₹101.90/kg | Weekly ▲0.74% | Monthly ▲5.98% | QTR ▲12.47% | Yearly ▲50.63%
Crude Oil Update
Brent crude closed at $116.18/bbl on 30 October 2026.
- Weekly: â–Ľ0.46% (from $116.72)
- Monthly: â–˛12.00% (from $103.73)
- Quarterly: â–˛33.72% (from $86.88)
- Yearly: â–˛80.49% (from $64.37)
Despite a slight weekly decline, crude oil remains significantly elevated over the longer term, maintaining potential cost pressure on petrochemical feedstocks.
What the Market Data Shows
1. Strong Yearly Growth
All five polymers remain 50–77% higher than last year, with PP leading at 77.26%, followed by LLDPE at 68.98%.
2. Selective Weekly Increases and Corrections
LDPE gained 1.54%, LLDPE rose 1.38% and PVC increased 0.74%. Meanwhile, PP declined 0.96% and HDPE eased 0.19%.
3. Monthly Price Momentum
PVC and LLDPE recorded the strongest monthly gains at 5.98% and 5.90%, respectively. HDPE was the only polymer to register a monthly decline.
4. Crude Oil Remains Elevated
Brent crude declined 0.46% weekly but remains 12.00% higher monthly and 80.49% higher yearly, keeping global energy and feedstock costs important indicators for polymer markets.
PolyMart Perspective
- Polymer prices remain substantially higher year-on-year, although short-term trends vary across grades.
- For informed procurement decisions, buyers should continue monitoring crude oil, feedstock trends, producer price revisions, global supply-demand conditions and domestic open-market prices.
- Maintain inventory according to production requirements and consider phased procurement based on price movements and material availability.
PolyMart | Procure With Purpose.
Disclaimer:
PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of the information provided on its platform. Users are advised to independently verify any data before relying on it for decision-making purposes.
