Polymer Market Weekly Analysis

PP Raffia prices closed at ₹81.50/kg, showing a weekly rise of 1.24%, although still down 4.12% monthly, 7.91% quarterly, and 9.94% year-on-year. The grade has recovered slightly from its yearly low of ₹80.50/kg, but remains well below the yearly high of ₹98.00/kg recorded on 18th April 2025. The minor weekly gain indicates cautious restocking by traders amid stable propylene feedstock prices. LLDPE continued its downward momentum, settling at ₹84.50/kg. The segment fell 1.17% over the week, 2.87% over the month, and 7.14% over the quarter, while recording a 3.43% yearly decline. With the current price matching the yearly low of ₹84.50/kg, sentiment remains weak. The highest price for the year, ₹97.00/kg, was seen on 7th October 2025, reflecting how sharply prices have corrected since early Q4. HDPE BM showed minor fluctuations, closing at ₹83.50/kg, down 0.60% week-on-week. The price is lower by 4.02% monthly, 6.70% quarterly, and 3.47% annually. The material remains at its yearly low, matching the current level, while the yearly high of ₹93.00/kg was observed on 7th August 2025. Market participants cite weak bottle and blow molding demand as a key reason for the current price softness. LDPE prices eased marginally to ₹105.50/kg, reflecting a weekly fall of 0.47%, monthly decline of 3.65%, and quarterly drop of 4.52%. However, on a yearly basis, LDPE has risen 1.44%, and the year-to-date movement shows a 3.43% increase, indicating relative strength compared to other polymers. The grade has traded between a low of ₹102.00/kg (29th Dec 2024) and a high of ₹115.50/kg (2nd April 2025), driven by steady demand from film-grade applications. The PVC segment experienced the steepest correction, closing at ₹61.50/kg, a sharp 6.11% weekly and 10.87% monthly decline. Over the quarter, prices dropped 15.75%, and over the year, 17.45%, making PVC the worst performer in the group. The current price marks the yearly low, with the yearly high of ₹87.50/kg reached on 3rd June 2025. The slump is primarily attributed to sluggish demand from the construction and pipe manufacturing sectors. Overall, the polymer market continues to exhibit a weak-to-steady tone. While PP Raffia and LDPE show signs of stability, LLDPE, HDPE BM, and PVC remain under pressure due to subdued domestic consumption and lower export interest.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.