Polymer Market Weekly Report

Polymer prices as of 23 March 2026 indicate consolidation after the recent surge, with mixed weekly trends but strong monthly, quarterly, and yearly gains across all grades. PP Raffia closed at 161.50, down -4.15% weekly from 168.50, while maintaining a sharp 70.90% monthly and 91.12% quarterly rise. It is 67.36% higher year-on-year and trading 100.62% above its yearly low of 80.50 (16 November 2025), though still -4.15% below its peak of 168.50 on 9 March 2026. LLDPE remained stable at 150.50 with 0.00% weekly change, while posting 58.42% monthly and 77.06% quarterly gains. It is 62.70% higher yearly and 80.24% above its yearly low of 83.50 (30 November 2025), staying -3.83% below its high of 156.50 on 9 March 2026. HDPE BM rose to 147.50, gaining 2.43% weekly, alongside 61.20% monthly and 77.71% quarterly growth. The grade is 66.67% higher year-on-year and 79.88% above its yearly low of 82.00 (12 December 2025), but remains -5.14% below its high of 155.50 recorded on 11 March 2026. LDPE slipped to 152.50, down -3.17% weekly, while holding 41.86% monthly and 46.63% quarterly gains. It is 35.56% higher yearly and 47.34% above its yearly low of 103.50 (29 December 2025), though -11.08% below its peak of 171.50 on 11 March 2026. PVC declined to 106.00, falling -7.42% weekly, but still showing 48.25% monthly and 70.97% quarterly growth. It is 55.88% higher year-on-year and 75.21% above its yearly low of 60.50 (7 December 2025), though -12.40% below its high of 121.00 recorded on 11 March 2026. Overall, the market reflects post-rally stabilization, with profit booking in the short term, while long-term momentum remains firmly positive across the polymer sector.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.