PET Prices Rise ₹2/kg; Crude Remains Above $100
Global Market Snapshot
🛢️ Brent Crude
$106.39/bbl ▲ 0.66%
💱 USD/INR
₹95.25 ▼ 0.03%
Domestic Price Revision
Pet Prices Increase
🔴 PET: ▲ ₹2/kg (₹2,000/MT)
Effective: 14 October 2026
China Polymer Futures
- PP: 1,235, ▼ $6.
- LLDPE: 1,171, ▲$2.
- PVC: 646, ▼ $10.
PolyMart Perspective
- Mixed Market Signals: Crude remains above $106, but China PP and PVC futures declined while LLDPE edged higher. High crude prices alone do not confirm an overall increase in polymer prices.
- Domestic Price Pressure: Competitive import offers and weak processor demand may limit further price increases in India's open market.
- Monitor Grade-Wise Revisions: PET basic prices increased by ₹2/kg effective 14 October, but other polymer grades may follow different price trends.
- Buy According to Demand: Compare producer offers with open-market prices, maintain moderate inventory and avoid unnecessary stock buildup.
Market Outlook
Mixed To Stable | Grade-Wise Price Movements | Need-Based Buying
PolyMart — Procure With Purpose.
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