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Crude Above $110 Amid Supply Concerns; LLDPE Film Prices Rise ₹2,000/MT

Polymer 22 Oct 2026, 9:00 am
Crude Above $110 Amid Supply Concerns; LLDPE Film Prices Rise ₹2,000/MT

Rising geopolitical tensions raise global supply concerns, while domestic LLDPE Film prices increase. China polymer futures show mixed movement.

Crude Oil

$110.18/bbl 🔺 1.18%

USD/INR

₹94.78/$ 🔺 0.34%

China Polymer Futures

USD/MT | Change vs Previous Close

  • PP: $1,232 🔻 $5
  • LLDPE: $1,145 🔻 $5
  • PVC: $667 🔺 $9

Global Supply Concerns

Middle East Tensions Raise Oil Supply Risks

  • Reports of attacks on Saudi energy infrastructure and threats to regional shipping have increased supply concerns.
  • Higher energy, freight and insurance costs could put pressure on India's petrochemical supply chain.
  • No immediate nationwide polymer resin shortage has been confirmed.

Domestic Polymer Price Revision

Effective: 22 October 2026

LLDPE Butene Film (Including Drip)

🔺 ₹2,000/MT Increase

Other PE Grades

➖ Rollover

PP (Including LL Metallocene)

➖ Rollover

PolyMart Perspective

Crude & Geopolitics: Elevated crude prices and Middle East supply risks may keep petrochemical and logistics costs volatile.
Domestic Price Signals: The ₹2,000/MT increase in LLDPE Butene Film indicates grade-specific price pressure, while other grades remain unchanged.
Smart Procurement
: Monitor crude, currency, producer revisions and material availability. Maintain moderate inventory and procure cost-efficient material based on actual requirements.

PolyMart — Procure With Purpose.

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