Polyethylene Market Balanced Between Weak Costs and Rising Demand
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_4_304c6bfdc2.png&w=1920&q=90)
In the Chinese PE market, LLDPE averaged $1,041/ton on August 20 and $1,043/ton on August 27, marking a slight increase of 0.25%. LDPE prices also inched higher, averaging $1,346/ton on August 20 and $1,349/ton on August 27, reflecting a 0.17% rise. Meanwhile, HDPE remained stable throughout the period, holding firm at $1,120/ton.
Polyethylene Price
- In the Chinese PE market, LLDPE averaged $1,041/ton on August 20 and $1,043/ton on August 27, marking a slight increase of 0.25%. LDPE prices also inched higher, averaging $1,346/ton on August 20 and $1,349/ton on August 27, reflecting a 0.17% rise.
- Meanwhile, HDPE remained stable throughout the period, holding firm at $1,120/ton.
- Overall, the polyethylene market moved within a narrow range, with limited upward momentum.
Demand and Supply
- Supply: End-of-month dynamics show tighter spot availability and increased pre-sales activity.
- Demand: Transitioning from the off-season to the peak season, demand has improved. The agricultural film sector has raised operating rates, boosting consumption.
- However, after the initial rebound, transaction follow-up has been cautious, restricting further price gains.
Market News
- Cost side: International crude oil futures closed lower on August 26, loosening cost-side support.
- Policy: Domestic policy continues to provide a cushion for market stability.
- Industry activity: Signs of a gradual pick-up in demand from downstream converters as peak season approaches.
RIL and Chiripal Announce Polymer Price Revisions w.e.f. Sep 1, 2025
1. PVC: RIL increased PVC prices by ₹1,500/MT.
2. PE: RIL reduced LDPE prices by ₹2,000/MT, while HDPE and LLDPE prices were rolled over.
3. PP: RIL cut PP prices by ₹1,000/MT and withdrew price protection on PP.
4. PET: Both RIL and Chiripal raised PET prices by ₹4,000/MT.
Market Expectation
- Short term: Supply pressure has eased somewhat with tighter spot availability.
- Medium term: With September entering the traditional peak demand season, coupled with policy support, polyethylene prices are expected to maintain strong but range-bound fluctuations.
- Key drivers: Demand recovery from downstream sectors, crude oil volatility, and the balance of supply tightness vs. cautious buying.
HDPE
LDPE
LLDPE
MDPE
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_425b662378.png&w=750&q=90)
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_6_d2c14e4ff6.png&w=750&q=90)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FMDPE_bc83f16d34.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FLLDPE_Films_Ready_Material_882bbff6cf.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252Flldpe1_5d71e3813a.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FHDPEPE_100_Ready_Material_e3a92491ae.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FPVCK_67_Compounded_Ready_Material_1e8a2459cc.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252Fhttps%25253A%25252F%25252Fnexizo.ai%25252Fassets%25252Fved.png&w=128&q=75)