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4 days agoPPHPPPCP

Weak Demand, High Supply Pressure Keep China PP Market in Consolidation Phase

PP prices remain under pressure amid weak demand and abundant supply. Domestic rates vary across India, with MRPL's lamination grade reaching ₹1,00,000/MT. China’s PP prices dropped 2.06% since early July. Limited cost support and upcoming capacity additions in H2 2025 are likely to keep the market rangebound and volatile.
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7 days agoABS

Muted Demand and Stable Output Weigh on Imported ABS Market

ABS prices declined in China and remained range-bound in India amid weak demand and elevated inventories. Domestic supply is ample due to higher plant operations and restarts. Feedstock costs like acrylonitrile and styrene remain weak. With no clear upward triggers, ABS prices are expected to stay under pressure in the near term.
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11 days agoCPVCPVC

Asian PVC Market Softens Amid Monsoon Lull and Cautious Buying

PVC prices remained flat or softened across Asia amid weak demand, seasonal monsoons, and cautious buying sentiment. China and Vietnam saw price corrections due to reduced construction activity. Indian demand stayed sluggish with adequate supply. Upcoming plant shutdowns may limit supply, but price recovery is expected post-monsoon.
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13 days agoHDPE

HDPE Market Steady in India Amid Global Divergence

HDPE prices in India remain firm across prime and near-prime grades. While Europe saw slight price increases due to tight supply, China witnessed a drop driven by weak construction demand and high inventories. Global sentiment remains cautious, with limited upside unless demand revives or geopolitical tensions ease.
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18 days agoPPCPPPHP

China PP Market Stagnant Amid Off-Season Demand and High Inventory

Indian PP prices remained steady, while China witnessed minor declines amid weak demand and soft feedstock support. High inventories and reduced end-user activity kept sentiment bearish. Supply disruptions from planned maintenance were offset by new capacities. Overall, PP prices are expected to stay under pressure through the rest of July.
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28 days agoPET

Imported PET Prices Weaken on Raw Material Slump and Weak Demand

PET prices dropped last week due to weak raw material costs and sluggish demand, despite a slight price hike by Wankai. Leading Chinese producers have begun output cuts, but high inventories persist. Exports rose in May, though global competitiveness is under pressure from higher freight rates and US anti-dumping tariffs.
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1 month agoCPVCPVC

PVC Market Holds Firm Amid Supply Pressure and Tepid Domestic Demand

PVC prices saw a marginal rise in early July, supported by export demand and energy market trends. However, subdued domestic consumption, rising inventory, and limited downstream activity are capping major gains. While supply remains high due to increased plant operations, the market is expected to stay stable with slight upward potential.
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1 month agoHDPELDPELLDPE

China Polyethylene Market Stable Amid Cautious Demand and Improving Production Margins

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.
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1 month agoPPCPPPHP

India Stable as European PP Prices Dip on Weak Demand, Oversupply

Polypropylene (PP) markets in both Europe and India remain subdued. Despite crude oil strength, oversupply and poor downstream demand are capping prices. European spot and contract rates are stagnant, while Indian PP prices vary by grade. Market players are adopting a wait-and-watch approach ahead of July’s propylene settlement.
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1 month agoHDPELDPELLDPE

Polyethylene Prices Firm Amid Cost Push and Tight Supply, Demand Remains Subdued

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.
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1 month agoPVCCPVC

India’s Booming PVC Demand Clashes with Toxic Import Surge and Regulatory Gaps

India’s PVC market is expanding, driven by infrastructure and agriculture growth. With imports filling the supply gap, low-cost Chinese PVC—often non-compliant with BIS norms—is raising serious safety and quality concerns. Despite robust demand, weak QCO enforcement continues to challenge domestic manufacturers striving for regulatory compliance and long-term market sustainability.
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1 month agoCPVCPVCLDPE

Indian Polymer Markets Brace for Volatility As Middle East Tensions Disrupt Supply Chains

The Indian polymer market remains subdued amid monsoon-driven demand slowdown and global freight issues. While domestic suppliers offer incentives to stimulate sales, geopolitical tensions—especially the Strait of Hormuz crisis—are driving crude prices higher, impacting raw material costs. BIS compliance deadlines are also reshaping sourcing behavior toward certified domestic suppliers.
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