Polymer Prices Surge Across India as Major Producers Announce Hikes from February 1, 2026

India’s polymer market has entered a clear upward cycle as leading petrochemical producers—including Reliance Industries Ltd (RIL), Haldia Petrochemicals, Indian Oil Corporation (IOCL), and Supreme Petrochemicals—have announced widespread price hikes effective February 1, 2026.Reliance Industries Leads the UptrendReliance Industries Ltd (RIL) announced an across-the-board increase in polymer prices, citing firm market conditions and rising cost pressures.HDPE & LLDPE: Increased by ₹2.5 per kgLDPE: Increased by ₹2 per kg (LDPE grade 22FA002 up by ₹2.5 per kg)PP: Increased by ₹2.5 per kgPVC: Increased by ₹2 per kgIn a separate move, RIL also raised PP deemed export prices by ₹4 per kg, reflecting stronger global demand and elevated export-linked cost pressures.Haldia Petrochemicals Revises Domestic PricesHaldia Petrochemicals implemented a uniform price increase across key polymer segments:HDPE: +₹2,500 per MTLLDPE: +₹2,500 per MTPP: +₹2,500 per MTThe revision applies to all domestic grades effective February 1, 2026.Supreme Petrochemicals Raises GPPS & HIPS PricesSupreme Petrochemicals Ltd (SPL) announced a sharp hike in styrenic polymers:GPPS & HIPS: Increased by ₹3,000 per MT across all gradesIOCL Increases PP and PE Prices.Indian Oil Corporation Ltd (IOCL) also joined the upward revision trend:PP: +₹2,500 per MTPE: +₹2,500 per MTMarket OutlookIndustry participants note that the synchronized price hikes across multiple producers point to tightening supply conditions, rising feedstock costs, and firm domestic as well as global demand.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.