HMEL MDPE Price BM (B0148D) in Howrah

Polyethylene prices across HDPE, LDPE, and LLDPE remained weak as global offers fell further and domestic demand softened after festive restocking. Imports increased, supply pressures remained high, and downstream buyers restricted purchases. Despite crude stability, sentiment stayed bearish, with major producers offering additional discounts, indicating continued softness in December.

Polymer markets remain weak, with PP and PE demand subdued and PVC facing fresh downside after India’s decision not to impose ADD. RIL announced PVC price protection, while international PVC offers dropped sharply. Imports are set to slow in December, and most polymers appear near bottom levels, encouraging stocking interest.

Global polyethylene (PE) prices remained largely stable through mid-October 2025, with Asian markets showing marginal declines and U.S. prices holding steady. Supply remained sufficient despite limited demand recovery. Higher crude oil costs offered some support, but overall market sentiment stayed cautious amid weak downstream activity and moderate import interest.

Polyethylene and Polypropylene prices softened in early October amid weak downstream demand, high inventories, and muted buying in Asia. While crude oil strength offered limited cost support, both domestic and imported prices trended lower. Market sentiment remains cautious, with limited restocking expected until post-Diwali demand recovery.

Indian polymer markets showed mixed trends in September 2025. PET and PVC prices rose on strong packaging and construction demand, while PE and PP weakened due to subdued consumption in packaging, automotive, and textiles. Crude oil volatility remains a key factor shaping short-term price movement across polymer grades.

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.

PE prices remained largely stable in July, with minor declines across LLDPE, LDPE, and HDPE. Demand stayed weak due to off-season consumption and cautious procurement. Supply increased as plants resumed operations. While sentiment improved slightly on policy support, strong price gains remain unlikely without a demand recovery.

Polyethylene prices remained stable in East China during early July, supported by improving ethylene margins and slight production disruptions in LDPE. Indian producers raised domestic prices modestly, while global supply adjustments continue. However, downstream demand remains subdued, and the market awaits clearer cues from packaging, agriculture, and macroeconomic trends in H2 July.

Polyethylene prices rose moderately across Asia, led by LDPE amid tight supply and crude-driven cost pressure. However, weak demand from agricultural and pipe sectors capped the upside. Ongoing plant shutdowns globally, including in China, Egypt, and Israel, are reinforcing short-term supply tightness, keeping price sentiment steady despite soft downstream activity.