PP Prices Rise As Crude Ends Week higher
Domestic PP prices moved higher from 5 September 2026, while PE prices were rolled over. The revision comes as crude oil ends the week substantially higher, maintaining pressure on polymer and freight costs.
Domestic Price Update
PP: â–˛ â‚ą4,000/MT
PE: — Rollover
Effective from 5 September 2026.
The PP revision may strengthen domestic buying sentiment, while unchanged PE prices provide temporary stability for buyers.
Global Market Close
Brent Oil: $95.85/bbl â–˛ 0.35%
USD/INR: â‚ą94.38 â–Ľ 0.11%
The marginal improvement in the rupee may offer limited support to import costs, but elevated crude remains the stronger cost factor.
Weekly Crude Movement
Brent crude increased from $88.10/bbl to $96.28/bbl between 28 August and 4 September, recording a weekly rise of approximately 9.3%.
Oil ended the week substantially higher as renewed U.S.–Iran exchanges kept supply and freight risks elevated. Continued volatility could influence upstream costs, international offers and polymer market sentiment.
PolyMart Perspective
- Higher PP prices may keep domestic buying sentiment firm.
- Rising crude may add pressure to polymer and freight costs.
- Buyers should maintain balanced inventory and monitor fresh producer revisions, crude movements and currency trends.
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.
