Latest Market News
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China Futures Weak, Crude Softens; RIL Announces HDPE & LLDPE Price Protection
China polymer futures closed lower on 18 June 2026, with PP at USD 1,001/MT (-38), LLDPE at USD 943/MT (-32) and PVC at USD 604/MT (-6), reflecting cautious...
Producers Maintain PP Prices Amid Tight Supply and Margin Pressures
Domestic polymer producers have announced no change in PP domestic prices effective 18 June 2026, despite the recent sharp decline in global crude oil prices. The decision is...
Lower Crude and Stronger Rupee Signal Potential Relief for Polymer Buyers
Recent weakness in global crude oil markets, combined with the appreciation of the Indian Rupee against the US Dollar, is improving the outlook for polymer imports. Market participants...
US-Iran Agreement to Reopen Strait of Hormuz: Positive Outlook for Polymer Markets
Lower Crude Oil Prices, Improved Polymer Availability & Stronger Rupee Expected to Benefit Indian Industry The reported US-Iran agreement to reopen the Strait of Hormuz has generated positive...
Polymer Market Weekly Report
India's polymer market remained firm during the week, with four of the five major polymer grades registering price increases. Market Highlights - PP Raffia PP Raffia closed at...
Higher Domestic Prices Face Competition from Softer Global Markets
Domestic PP prices have been increased effective 13 June 2026, while global markets continue to show a softer trend and crude oil prices have eased following reduced geopolitical...
Brent Crude Drops on U.S.–Iran Deal Hopes; Polymer Cost Outlook Improves
Hopes of a U.S.–Iran agreement have pushed Brent crude prices down to around USD 86 per barrel, improving the outlook for polymer feedstock costs and supply availability. Recent...
India May Extend Petrochemical Import Duty Exemption Beyond June 30: Market Awaits Clarity
India May Extend Petrochemical Import Duty Exemption Beyond June 30India is considering extending the current import duty exemption on around 40 petrochemical products beyond 30 June 2026. However,...
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OPAL Revises Polymer Prices Effective 10 June 2026
OPAL Maintains PP Prices, Raises HDPE and LLDPE Rates by â‚ą1,000/MT from June 10, 2026PP: Prices for all Polypropylene (PP) grades have been carried forward with no change....
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Haldia Petrochemicals Announces Upward Revision in Polyethylene Prices
HPL Raises HDPE and LLDPE Prices by â‚ą1,000/MT from June 10, 2026Haldia Petrochemicals Limited has announced a â‚ą1,000/MT increase across most HDPE and LLDPE grades, effective 10 June...
