MDPE
MDPE, or medium-density polyethylene, is a widely used thermoplastic in piping systems, gas distribution, water pipes, packaging, and shrink film. It is known f...
MDPE Bytes
Daily Market Report
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Polyethylene Market Trends: Supply Pressure, Weak Demand & Volatile Outlook
The polyethylene market remains under pressure as weak demand and increased spot availability lead to price adjustments. HDPE prices saw minor fluctuations, while LDPE found support due to supply constraints. Global crude oil trends and scheduled production shutdowns are influencing market sentiment. Demand recovery is expected by mid-to-late February.
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Price Stabilization Expected in February, Need-Based Purchasing Recommended
In Chennai, PPHP raffia grade is priced at ₹98,000/ton, while in Mundra, injection molding (IM) grade is available at ₹99,000/ton. Rajkot reports lamination grade at ₹101,000/ton. In Ahmedabad, raffia grade is listed at ₹89,750 per metric ton, and in Daman, IM grade is priced at ₹99,000/ton.
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Polymer Market Steady Amid Supply Constraints and ADD Concerns
Indian polymer prices fluctuate amidst steady PP and PE demand. International suppliers raise prices, while Middle Eastern supply is restricted. Chinese suppliers offer competitive rates. LDPE faces tight supply, whereas HDPE demand weakens.
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PE Market Braces for Price Firmness Amid Supply Constraints and Rising Feedstock Costs
Polymer prices in Ahmedabad reveal stability, with HDPE, LLDPE, and MDPE rates influenced by tight supply and weak demand. Global supply constraints, including RIL’s shutdown and import disruptions, are tightening the market. Force majeure events, such as TotalEnergies' PP outage and Formosa Plastics' PVC shutdown, further impact availability.
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PE Market Faces Weak Demand and Supply Pressures
Polymer prices reflect continued market weakness as both supply and demand face challenges. Increased production and imports are pressuring supply, while limited demand follow-up and inventory replenishment dominate downstream activities. Maintenance shutdowns by major producers like Reliance aim to stabilize operations.
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Global PE Markets Struggle Amid Weak Demand and Oversupply
Polyethylene (PE) prices remained stable domestically, with minor adjustments across segments. Global markets faced bearish sentiment due to weak demand, oversupply, and cautious trading in Asia and the US. Indian suppliers reduced prices to clear inventories, while processors began stockpiling. Recovery is unlikely in the near term due to market uncertainties.
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Limited PE Imports in India Despite Supply Boost
Polymer prices remain stable with minor fluctuations in specific grades. Domestic PE supplies are expected to increase as key Indian producers resume operations. Import demand stays limited amid uncertainty and inventory losses. International polymer production restarts and a higher exchange rate for import valuation add to market dynamics.
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PET Gains Momentum, Pressures HDPE and PVC Markets
Polymer prices remained largely stable, with slight fluctuations in select grades like HDPE PE100 Natural (-₹2/kg) and LLDPE (+₹0.5/kg). Demand for HDPE blow and PVC is declining as PET gains market share. Virgin polymer markets see routine orders but below expected levels. Global trends include price hikes and plant maintenance updates.
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Sluggish Polymer Demand Persists as China's Chemical Market Shapes Global Trends
The polymer market remains subdued with minimal price changes and declining demand for LDPE and LLDPE grades, particularly in electrical pipe applications. Crude oil price gains and propylene price increases in Asia signal potential market shifts.
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Daily Market Report
Polyethylene Market Trends: Supply Pressure, Weak Demand & Volatile Outlook
The polyethylene market remains under pressure as weak demand and increased spot availability lead to price adjustments. HDPE prices saw minor fluctuations, while LDPE found support due to supply constraints. Global crude oil trends and scheduled production shutdowns are influencing market sentiment. Demand recovery is expected by mid-to-late February.
Read Story
Price Stabilization Expected in February, Need-Based Purchasing Recommended
In Chennai, PPHP raffia grade is priced at ₹98,000/ton, while in Mundra, injection molding (IM) grade is available at ₹99,000/ton. Rajkot reports lamination grade at ₹101,000/ton. In Ahmedabad, raffia grade is listed at ₹89,750 per metric ton, and in Daman, IM grade is priced at ₹99,000/ton.
Read Story
Polymer Market Steady Amid Supply Constraints and ADD Concerns
Indian polymer prices fluctuate amidst steady PP and PE demand. International suppliers raise prices, while Middle Eastern supply is restricted. Chinese suppliers offer competitive rates. LDPE faces tight supply, whereas HDPE demand weakens.
Read Story
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