Rupee Crosses ₹97, Crude Remains Above $100 — But Open-Market Polymer Prices Remain Stable

Global cost pressures continue to build, while open-market polymer prices have yet to respond at the same pace.

Global Market Signals

🛢️ Brent Crude: $102.45/bbl ▲ 2.25%
💱 USD/INR: ₹97.03 ▲ 0.28%

China Polymer Futures: Higher crude prices and currency pressures could influence market sentiment.

Domestic Price Revision

HDPE Pipe Grade: ▲ ₹2,000/MT (₹2/kg)
Effective from 08 October 2026.

What's Next for the Open Market?

With crude above $100 and USD/INR crossing ₹97, open-market polymer prices may experience fluctuations in the coming days.

However, actual price movements will depend on demand, supply, stock availability and producer revisions.

PolyMart Perspective

• Monitor crude, USD/INR, China polymer futures and producer revisions.
• Be prepared for potential open-market price fluctuations.
• Maintain moderate inventory levels and procure cost-efficient materials available in the market.

Key Takeaway:
Global cost pressures are building. Stay informed and plan your procurement accordingly.

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.