Rising Import Offers Keep Polymer Cost Pressure Firm
Southeast Asia HDPE Offers Rise
- HDPE HM: US$1,220/MT 🔺 $50
- HDPE Injection: US$1,210/MT 🔺 $50
- HDPE Raffia: US$1,220/MT 🔺 $50
Higher overseas offers may keep import replacement costs firm and provide support to domestic polymer prices.
Market Snapshots
🛢️ Crude Oil: $95.23/bbl ▼ 0.42%
💱 USD/INR: ₹94.38 ▼ 0.62%
Brent crude has climbed from approximately $86/bbl to $95/bbl in just over a week. Although crude eased slightly today, the broader cost pressure remains elevated.