DAGU PVC K57 (DG700) Ready Material in Mundra

Polymer prices remain largely stable, with minor fluctuations in PVC and HDPE. Weak upstream support, declining PVC demand, and high operating rates have led to a surplus supply. The PVC spot market remains bearish due to sluggish inquiries and market confidence.

India's polymer market is facing oversupply due to increased domestic production, with major players like RIL ramping up capacities. Coupled with stable or declining demand and supply chain uncertainties, prices of key polymers have dropped. Globally, stable ethylene prices and economic changes, such as Mexico's interest rate cut, continue to influence the market.

The polymer market continues to see steady price movements, with minor changes in LLDPE and HDPE grades. Meanwhile, the PVC industry faces challenges such as fluctuating raw material costs and shifting environmental policies, requiring collaborative efforts for resilience. Industry news highlights stable trends in toluene and naphtha, alongside key production updates and investments in biorefineries.

North America continues to dominate the polyvinyl chloride (PVC) resin market due to its robust construction sector, rising healthcare expenditures, and increasing urbanization. These factors are expected to drive steady market growth in the region.

Polymer prices in India show slight declines across most grades, with supply-demand imbalances persisting. Recycling mandates for 2025 drive early demand for recycled polyethylene, but significant challenges remain in collection and processing. Global polymer markets face feedstock shortages, impacting price stability. Industry news highlights maintenance shutdowns and incentive schemes.

The polymer market shows steady activity with specific price adjustments in PVC and HDPE categories. Domestic PVC prices are increasing, driven by anti-dumping duties on imports. Meanwhile, international markets are stable, with moderate demand due to low purchasing sentiment.

The polymer market faces price pressures as demand slows across sectors like construction and automotive. Falling input costs for feedstocks, including ethylene and propylene, have allowed producers to reduce polymer prices.

In the domestic market, Low K (P700/TH700): Rs 81.25/kg Ex Nhava Sheva/Mundra (+1). LG LS100H: Rs 77.25/kg Ex Mundra/Bhiwandi (+1). PVC prices in the European market are expected to rise due to the anticipated surge in upstream crude oil prices and increasing Ethylene costs.

Polymer markets show price variability across grades and locations, with ABS and HDPE prices reflecting current trends. Demand for engineering-grade polymers like ABS and nylon remains weak, with no recovery signs. Meanwhile, stable feedstock prices and shifts in market dynamics indicate a buyer-dominated environment.