Crude Above $100, USD/INR Above ₹96 — What It Means for Polymer Buyers

Global cost indicators remain elevated even as both crude and USD/INR ease marginally.

🛢️ Crude Oil: $101.71/bbl ▼ 0.53%
Crude remains above the $100 mark, keeping energy and petrochemical feedstock costs in focus.

💱 USD/INR: ₹96.25 ▼ 0.05%
The rupee has strengthened slightly, but with USD/INR still above ₹96, imported polymers and feedstocks remain relatively expensive.

📈 3-Month Polymer Price Trend

The broader trend across PP, LLDPE, HDPE and LDPE remains higher than July levels.

While prices have cooled from recent September peaks, the 3-month chart shows that much of the earlier upward movement has not fully reversed.

01 October reference levels:
🔵 PP: ₹149.4/kg
🟣 LLDPE: ₹139.4/kg
🟠 HDPE: ₹132.4/kg
🟢 LDPE: ₹164.6/kg

💡 PolyMart Perspective

• Crude above $100 keeps feedstock costs in focus.
• USD/INR above ₹96 keeps import costs elevated.
• Polymer prices have cooled from recent highs but remain above July levels.
• Buyers should also watch producer revisions, demand, supply and inventory before making procurement decisions.

PolyMart — Procure With Purpose.

Disclaimer:
PolyMart does not offer guarantees regarding the accuracy, reliability, or completeness of the information provided on its platform. Users are advised to independently verify any data before relying on it for decision-making purposes.