Polymer Market Sees Mixed Trends Amid Stabilizing Demand

The Indian polymer market presented a mixed performance during the week ending November 9, 2025, with some grades witnessing price corrections while others held steady or gained marginally. PP Raffia prices declined to ₹83.00/kg, marking a 1.19% weekly and monthly drop. Compared to the previous quarter, PP Raffia is down 7.78%, and on a yearly basis, it has fallen 9.78% from ₹92.00/kg a year ago. The grade remains 15.31% below its yearly high of ₹98.00/kg (April 18, 2025) but still 0.61% above its yearly low of ₹82.50/kg (October 15, 2025), indicating a near-bottom consolidation phase. LLDPE closed steady at ₹86.00/kg, unchanged both weekly and monthly. However, it is down 5.49% quarterly and 2.82% lower year-on-year, from ₹88.50/kg in November 2024. The product is trading at its yearly low, recorded at the same price, and remains 11.34% below its yearly high of ₹97.00/kg (October 7, 2025), showing signs of market stabilization after continuous declines. HDPE Blow Moulding (BM) also maintained a flat weekly close at ₹86.00/kg, though it slipped 0.58% monthly and 7.03% quarterly. On a yearly scale, HDPE BM prices are down 3.91%, but still 2.38% above the yearly low of ₹84.00/kg (December 31, 2024). Prices are 7.53% below the yearly high of ₹93.00/kg (August 7, 2025), indicating balanced market sentiment with cautious demand. LDPE saw a modest correction, slipping 1.84% weekly and monthly to ₹106.50/kg. On a quarterly basis, it declined 4.05%, though it remains 1.43% higher than last year’s ₹105.00/kg. The product stands 4.41% above its yearly low of ₹102.00/kg (December 29, 2024) but 7.79% below the yearly high of ₹115.50/kg (April 2, 2025), suggesting moderate price resilience backed by steady packaging and coating demand. PVC emerged as the only gainer among the tracked grades, rising 1.48% weekly and 2.24% monthly to ₹68.50/kg. Quarterly, it edged up 0.74%, supported by post-monsoon construction activity. However, PVC remains 11.61% lower year-on-year, and still 21.71% below its yearly peak of ₹87.50/kg (June 3, 2025), even as it stays 7.03% above the yearly low of ₹64.00/kg (May 8, 2025). Overall, the polymer sector continues to reflect a cautious yet improving sentiment. While PP and HDPE grades remain under pressure due to limited downstream offtake, PVC and LDPE show gradual signs of revival.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.