Daily Market Report

The polymer market in India remains stable with varied pricing trends across segments. Key developments include steady PVC prices supported by anticipated anti-dumping duties and robust demand growth in the PVC pipes industry. Global supply disruptions, including shutdowns in methanol and LLDPE units, also impact regional markets.

The polymer market remains under pricing pressure due to oversupply and weak global demand. Prices for various polymer types are stable, with some regional disruptions in production influencing the supply chain. Competitive imports and reduced domestic demand continue to affect market margins.

Polymer markets show stability across most grades, with LDPE prices holding steady in Asia. Key market updates include price adjustments by Supreme Petrochemicals and Arya Sasol’s December offerings. The sector faces challenges from oversupply and subdued demand growth projections.

Polymer prices remain stable, with minor drops in PP grades. Global supply faces disruptions from plant shutdowns and extended maintenance. Buyers are leveraging U.S. import discounts as suppliers clear inventories to avoid year-end taxes, presenting opportunities for bulk purchases.

Polymer prices saw marginal decreases in PP grades, while PE prices remained stable despite global competition and softening freight rates. Brazil's anti-dumping investigation on US and Canada PE imports and restarts at key facilities like Chevron Phillips are influencing global supply. Market stability hinges on improving demand and balancing production.

Polymer prices are largely steady, but demand for PC is low as expected seasonal surges haven’t materialized. Market challenges persist with an oversupply and cautious downstream buying. Maintenance activities in China may impact polymer supplies, though stable prices of bisphenol A, phenol, and acetone give minimal support to the struggling PC market.

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.

The PET market is experiencing adjustments in supply and demand due to global anti-dumping measures, with prices in India and China under pressure. Lower naphtha prices in Europe, reduced operational capacity in Asia, and upcoming plant maintenance in India contribute to market volatility. Industry experts foresee further fluctuations driven by regulatory and operational dynamics.

Polymer prices showed varied adjustments in November, with notable reductions in PP Raffia, PPCP, and LLDPE. China’s post-holiday market strength and India’s cautious stance due to oversupply influence demand dynamics, while key plant restarts and freight cost reductions could shift supply availability. JPFL’s BOPP price hike also shapes the current polymer pricing landscape.

Polymer prices for HDPE and LLDPE are stable, though competition from lowered regional export prices may challenge domestic producers. October's active PE market momentum continued into early November, with steady spot prices domestically despite recent drops.

Polymer prices remained largely stable in November, with minor increases in LLDPE and Low K grades, reflecting stable demand and moderate market activity. Polymer demand from the automotive sector remains a positive influence on PP pricing.

Domestic polymer prices in India have held steady with a slight increase in LLDPE. In China, the PVC market faces a supply-demand imbalance, as high inventory and production rates keep prices subdued despite seasonal demand. Rising calcium carbide costs offer moderate support, but weak futures trading dampens sentiment, leading to a bearish market outlook.