Polymer Market Weekly Report

Polymer markets as of 17 March 2026 showed signs of consolidation after the sharp rally earlier in March, with most grades witnessing weekly corrections despite strong monthly and quarterly gains. PP Raffia closed at 157.00, down -4.27% weekly from 164.00, but still up 66.14% monthly and 86.90% quarterly. Year-on-year, it gained 62.69%, trading 95.03% above its yearly low of 80.50 (16 November 2025), though -6.82% below its peak of 168.50 recorded on 9 March 2026. LLDPE settled at 142.00, falling -7.19% weekly, while maintaining 48.69% monthly and 68.05% quarterly gains. It is 53.51% higher year-on-year and 70.06% above its yearly low of 83.50 (30 November 2025), but -9.27% below its high of 156.50 on 9 March 2026. HDPE BM dropped to 137.50, down -5.50% weekly, though rising 50.27% monthly and 66.67% quarterly. The grade is 54.49% higher yearly and 67.68% above its low of 82.00 (12 December 2025), but remains -11.58% below its high of 155.50 recorded on 11 March 2026. LDPE closed at 153.50, slipping -1.29% weekly, while posting 40.83% monthly and 47.60% quarterly gains. It is 37.05% higher year-on-year and 48.31% above its yearly low of 103.50 (29 December 2025), though -10.50% below its peak of 171.50 on 11 March 2026. PVC stood out, rising to 99.50 with a 2.05% weekly gain, alongside 37.24% monthly and 61.79% quarterly growth. It is 48.51% higher yearly and 64.46% above its low of 60.50 (7 December 2025), but still -17.77% below its high of 121.00 recorded on 11 March 2026. Overall, while weekly corrections indicate profit booking after the recent spike, polymer markets continue to remain significantly elevated with strong gains across all timeframes.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.