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

%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_1_78b0af3fdb.png&w=3840&q=75)
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.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_425b662378.png&w=3840&q=75)
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.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_6_d2c14e4ff6.png&w=3840&q=75)
PET Prices Under Pressure Amid Weak Cost Support and Tepid Demand
PET bottle chip prices remained under pressure amid weak feedstock costs and muted downstream demand. While domestic production dipped due to maintenance, supply remains ample. Export momentum slowed, and high end-product inventories curbed fresh bulk buying. Crude oil weakness and global trade uncertainties are expected to keep prices subdued.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_5_41ac01de92.png&w=3840&q=75)
China PP prices rangebound amid balanced supply-demand & new capacity pressure
The Chinese polypropylene market continued consolidating in May 2025, with wire-drawing grade PP prices dipping 1.18% to $1,030/ton. Stable production, high inventories, and off-season demand weighed on prices. Despite slight export improvements and tariff optimism, buyers remain cautious amid macroeconomic uncertainty and incoming capacity expansions expected to pressure the market further.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_2_a7d6721e5b.png&w=3840&q=75)
China ABS Market Sees Volatile May Amid Supply Pressure and Export-Driven Mid-Month Rebound
Indian ABS prices varied across brands and cities, reflecting regional differences. China’s ABS market saw initial declines followed by recovery, driven by supply adjustments and improved trade relations with the U.S. Overall, the ABS market is expected to remain stable or slightly weaker in the near term amid balanced demand and supply conditions.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_6_d2c14e4ff6.png&w=3840&q=75)
India's PVC Market Set for Structural Shift Amid Rising Domestic Output, Policy Interventions
PVC K67 prices in Mundra range from ₹64,500 to ₹68,750/MT, with Chinese SG5 grades leading on price. Despite strong 10% YoY demand growth, oversupply and Chinese dumping have pressured international prices, now 25% lower than FY 2022–23. India’s PVC market is poised for structural change, with BIS certification and anti-dumping duties kicking in by mid-2025.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_5_41ac01de92.png&w=3840&q=75)
Chinese PE Market Faces Margin Pressure Amid Stable Demand and Diverging Inventory Trends
In the first week of June 2025, polyethylene (PE) product prices remained largely stable across LDPE, LLDPE, and HDPE categories. Downstream demand from agricultural and packaging films remained supportive, but segments like raffia and injection moulding showed weaker activity. HDPE supply constraints continue due to maintenance shutdowns. Market sentiment suggests limited price upside without stronger demand or feedstock cost increases.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_6_d2c14e4ff6.png&w=3840&q=75)
HDPE Market Holds Ground Amid Supply Disruptions and Weak Buying Sentiment
HDPE prices across Asian markets remained mostly unchanged this week. In India, subdued demand and limited spot imports kept the market quiet, with expectations of better domestic supply from upcoming plant restarts. With monsoon season approaching and Eid holidays nearing in the Middle East, market sentiment remains cautious and volumes tight.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_1_78b0af3fdb.png&w=3840&q=75)
PP Market Consolidates Amid Ample Supply, Weak Demand
PP prices in Delhi remain steady, with PPCP random grades peaking at ₹1,09,000/MT. Chinese PP prices dipped 0.74% in May, reflecting stable but subdued demand. While supply remains ample with upcoming capacity additions, off-season demand and high inventories are capping price momentum. Market expected to stay in consolidation.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_425b662378.png&w=3840&q=75)
PET Bottle Chip Prices Witness Volatile Trend Amid Mixed Market Drivers – May 2025
Chinese PET bottle chip prices saw sharp fluctuations in May 2025, rising to ¥6,185/ton mid-month due to crude and feedstock gains, then easing to ¥6,077/ton amid supply pressure. High inventories, policy uncertainty, and weak demand kept recovery in check. A seasonal uptick may occur if beverage demand strengthens.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FChemicals_1_07379aaddf.png&w=3840&q=75)
Asian SM Rallies on Benzene Gains; Indian Copolymer Market Eyes Seasonal Recovery
Styrene Monomer prices strengthened across Asia despite weak crude trends, with Indian bulk imports priced at ₹82/kg. Domestic Styrene Copolymer markets remained subdued in April, but demand is expected to rebound from June. Upstream benzene prices firmed up, while traders anticipate steady price hikes due to seasonal demand and tighter supply.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_6_d2c14e4ff6.png&w=3840&q=75)
Brazil May Impose ADDs on US, Canada PE; Indian Importers Eye Market Ripple
Brazil’s polyethylene (PE) market is experiencing a surge in prices and demand amid expectations of antidumping duties (ADDs) on US and Canadian imports. Domestic supply remains tight, and distributors are passing on cost increases. Gecex is set to decide on ADDs by 29 May, potentially reshaping Brazil’s import dynamics.
Read Story
© Powered by OFG MANUFACTURING BUSINESSES PRIVATE LIMITED, All Rights Reserved