Domestic LLDPE Film Prices Rise ₹2,000/MT, China Polymer Futures Rebound, Brent Crude at 114$

🛢️ Polymer Market Update | 23 October 2026

Crude Nears $114 as Domestic LLDPE Film Prices Rise ₹2,000/MT

🌍 Global Market

• Brent Crude: $114.00/bbl 🔺1.65%

• USD/INR:       ₹94.82 🔺0.36%

China Polymer Futures

• PP:         $1,242/MT 🔺$16

• LLDPE:  $1,156/MT 🔺$12

• PVC:      $665/MT 🔺$4

Domestic Polymer Price Revision
Effective 22 October 2026

• LLDPE Film (including Butene Film & Drip): ↑ ₹2,000/MT

• XEHD Grade: ↑ ₹1,000/MT

• Other reported PP and PE grades remain unchanged.

🌐 Global Supply Concerns

Middle East tensions and shipping disruptions continue to raise concerns over energy supply, freight and insurance costs, potentially affecting India's petrochemical market.

📊 PolyMart Perspective

🔹 Crude & Geopolitics: Elevated crude and supply uncertainty may increase petrochemical costs.

🔹 Domestic Price Signals: LLDPE Film price increases indicate firmness in selected PE grades.

🔹 Smart Procurement: Monitor crude, currency and grade-wise revisions before making purchase decisions.

💡 Buyer Outlook: Maintain moderate inventory and procure cost-efficient available material based on actual requirements.

PolyMart | Procure With Purpose.

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