Daily Market Report
Tune in to daily market reports on Nexizo to gain insights on the latest market trends.

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Southeast Asian PE Market Faces Weak Demand Despite Cost Support from Rising Crude Oil Prices
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.
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European PVC Spot Prices Slide Amid Weak Demand, China Imports Show Moderate Growth
European PVC prices softened amid weak demand and sufficient supply, while China reported a modest rise in imports reflecting gradual recovery. Feedstock trends remained mixed, with ethylene declining and EDC/VCM firming slightly. The market is expected to stay range-bound with limited volatility and stable-to-soft sentiment across regions.
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PP and PE Prices Decline Across China and India Amid Regional Downtrend
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.
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Weak Raw Material Support and Soft Demand Pressure PET Bottle Chip Market in September
Indian PET prices steadied at ₹88/kg by late September, while China PET bottle chip prices rebounded slightly to 5,900 RMB/ton after early-month weakness. Oversupply and weak downstream demand keep market activity muted. Falling crude oil and PTA costs weigh on margins, limiting the scope for a sustained price recovery.
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Rising PP Supply Outpaces Seasonal Demand Gains, Market Remains Pressured
Polypropylene (PP) prices in India remained flat at the end of September despite seasonal demand pickup. Abundant supply, steady-to-soft upstream costs, and cautious downstream buying continue to weigh on the market. While certain grades see stable retail prices, the overall market remains under pressure with limited bullish triggers.
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PVC Market Faces Supply Pressure Amid Weak Demand and Sluggish Exports
China and India PVC prices stayed weak amid oversupply and muted downstream demand. SG-5 carbide PVC averaged RMB 4,664/ton in China, while Indian spot offers hovered around ₹67,000–70,000/MT. Stable calcium-carbide costs and sluggish exports keep fundamentals soft, with near-term prices expected to remain range-bound.
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Indian Polymer Market Mixed: PET, PVC Up; PE, PP Soft
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.
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China PET Bottle Chip Market Stabilizes with Modest Rebound Amid Supply Cuts and Cost Support
PET bottle chip prices in China witnessed weak performance in early to mid-August, pressured by subdued market sentiment. By August 28th, average selling prices stood at USD 840/ton.
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Polyethylene Market Balanced Between Weak Costs and Rising Demand
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.
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China PP Market Stagnant Amid Supply Pressure and Weak Demand
Polypropylene (PP) prices stayed stable in Asian markets but weakened domestically with a 1% decline in August. Falling crude and propane costs reduced support, while higher output and inventories added pressure. Demand stayed sluggish amid seasonal lows and cautious buying. Experts expect a stagnant market in the near term.
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PP Exports Struggle Amid Asian Price Flood, Oversupply Pressures Intensify
U.S. Polypropylene (PP) export prices weakened this week due to oversupply and competitive Asian cargoes. Demand remains muted in overseas markets, while U.S. sellers face mounting inventory pressure and intensify price cuts. Market sentiment stays bearish with limited short-term recovery expected.
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PVC Prices Hold in Narrow Range as Weak Demand Offsets Early-Week Gains
China’s PVC spot market saw minimal weekly movement, with early gains erased by week’s end. Prices remain range-bound as supply stays stable and demand weakens. Soft dealer offers, low inquiries, and volatile crude oil cap upside potential. Short-term outlook suggests continued narrow fluctuations without strong upward momentum.
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