Crude Above $108: Domestic PP & LDPE Prices Move Higher
Brent crude has crossed $108/barrel, reaching a 3-month high amid continued global tensions.Higher crude prices, along with rising domestic polymer prices, are increasing cost pressure for buyers.PP and LDPE prices have moved higher across key grades.
Market Snapshot
Brent Crude: $108.13/bbl — 3-month high
USD/INR: 95.685 â–Ľ 0.01%
Domestic PP Price Revision
- All PP Grades: â–˛ â‚ą4,000/MT
- TQ & Raffia: â–˛ â‚ą3,000/MT
LDPE Price Revision
- Extrusion Coating: â–˛ â‚ą8,000/MT
- Milk Packaging & Injection Moulding: â–˛ â‚ą3,000/MT
- All Other LD Grades: â–˛ â‚ą2,000/MT
PolyMart Perspective
With crude at a 3-month high and domestic PP & LDPE prices moving up:
- Maintain balanced inventory
- Buy based on actual requirements
- Avoid unnecessary stocking at higher prices
- Keep watching crude, USD/INR and domestic polymer prices
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.
