Crude Rises As Indian Open-Market Polymer Prices Cool
Global cost pressure strengthened as Brent crude moved above $106/bbl, while PolyMart’s domestic open-market trend shows major polymer prices cooling from their recent September peaks.
MARKET SNAPSHOT
🛢️ Brent Crude
$106.96/bbl | ▲ 2.57%
💱 USD/INR
₹96.15 | ▲ 0.28%
A stronger crude market raises the cost-side pressure for polymers, while a higher USD/INR can also increase landed costs for imports.
WHAT CHANGED IN THE OPEN MARKET?
After reaching higher levels around mid-September, PolyMart open-market prices have corrected across PP, LLDPE, HDPE and LDPE in recent sessions.
PP: ~₹153 → ~₹149/kg | ▼ ~₹4
LLDPE: ~₹141 → ~₹139/kg | ▼ ~₹2
HDPE: ~₹136 → ~₹132/kg | ▼ ~₹4
LDPE: ~₹169 → ~₹166/kg | ▼ ~₹3
Prices are approximate levels derived from PolyMart’s 1-month market trend graph.
POLYMART PERSPECTIVE
- Crude above $106 keeps polymer cost pressure elevated.
- Domestic open-market prices remain below recent peaks despite stronger global cost signals.
- Watch crude, USD/INR and domestic price direction before larger 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.
