HDPE Price Trends & Forecast | Monthly, Quarterly, Yearly Data (2024–2025)

Introduction

High-Density Polyethylene (HDPE) is one of the most widely used thermoplastics today in packaging, piping, agriculture, and construction sectors. Because of its role in both industrial and consumer applications, tracking HDPE prices is essential for manufacturers, resellers, and procurement teams.

In this article, we look at key HDPE price trends, past fluctuations, and what the HDPE price forecast indicates for 2025. You will also learn how Nexizo helps businesses stay ahead with real-time pricing data, supplier insights, and procurement alerts.

Key Highlights

  • Current Price (Latest Update): ₹95,500/MT
  • Price Change (Last Quarter): +1.05%
  • Forecast for Next Quarter: Expected slight increase because of seasonal demand and steady crude prices

Historical Price Trends

HDPE Price Chart (Historical Data)

MonthPrice (Rs./MT)Change (%)Remarks
May 202595,500−0.31%Persistent oversupply and weak demand in both domestic and international markets led to a slight price decline. Despite producers maintaining price levels, bearish sentiment prevailed because of high inventories and sluggish downstream offtake.
Apr 202595,800+0.31%Speculative buying before anticipated government duty hikes and tight supply dynamics contributed to a modest price increase. Traders accumulated inventory in response to potential policy changes, while international suppliers faced reduced netbacks in the Indian market.
Mar 202595,500+1.05%Global supply disruptions, including plant shutdowns and maintenance activities, led to tighter availability. Coupled with steady demand from packaging and construction sectors, this resulted in a price uptick.
Feb 202594,500-Despite supply disruptions in major regions due to force majeures and weather-related issues, HDPE prices remained stable. The market persisted due to lower demand, particularly in China during the Lunar New Year holidays, balancing the supply constraints.

Price Forecast

HDPE Price Forecast for 2025

  • Q2 2025 Forecast: The Indian HDPE market is expected to experience stable to slightly firm pricing trends in the short term.
  • Q3 2025 Forecast: Slight increase is expected due to pre-festive season demand. The market may experience continued stability or slight fluctuations, influenced by factors such as global economic conditions, feedstock prices, and domestic demand in key sectors like packaging and construction.
  • Q4 2025 Forecast: Historically, HDPE prices in India have experienced slight declines towards the end of the year because of factors like lower year-end buying momentum and softer freight rates.
  • 2025 Outlook: Gradual upward trend is expected throughout the year, driven by demand from packaging and infrastructure sectors, plus fluctuations in global crude oil prices impacting feedstock costs. The Indian HDPE market is projected to grow at a CAGR of 4.28% from 2025 to 2033, reaching USD 4.68 billion by 2033. While domestic demand shows signs of recovery, challenges persist because of increased imports and global price pressures.

Regional Price Trends

HDPE Price in Mumbai, Delhi, Ahmedabad, Chennai and Hyderabad (2025)

RegionPrice (Rs./MT)Trend (Last Quarter)
Mumbai93,000Rising
Delhi96,000Rising
Ahmedabad93,000Rising
Chennai94,500Rising
Hyderabad95,500Rising

Factors Influencing Price

Key Drivers Affecting HDPE Prices

  • Crude oil & naphtha costs: HDPE is a byproduct of petroleum, making crude price a primary cost driver.
  • Global supply & shipping: Import-export dynamics, freight rates, and port congestion all impact regional HDPE prices.
  • Domestic demand trends: Seasonal consumption in packaging, irrigation, and manufacturing changes short-term pricing.
  • Currency fluctuations: INR volatility against USD influences landed cost of imported HDPE.
  • Government policies: Import duties, recycling policies, and plastic usage bans can swing demand and supply.

Conclusion

Overall, the HDPE price forecast suggests a cautiously optimistic rise in pricing through 2025.

Tracking HDPE prices month-over-month helps procurement teams plan better, lock in supply contracts, and avoid cost shocks. With regional price differences and evolving demand across industries, a clear understanding of HDPE price trends and reliable HDPE price forecast models can improve your purchasing decisions.

Nexizo delivers live HDPE market insights, real-time alerts, and verified supplier pricing so your team is always one step ahead.

Stay informed. Stay competitive. Start using Nexizo today.

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