Rupee Gains ₹2 In 5 Days, Crude Falls 1.56%, International PE Offers Rise $20/MT

Global polymer markets show mixed signals as crude oil declines, the rupee weakens slightly, and international PE offers move higher.

Lower crude may offer some cost relief, while stronger China futures and higher PE offers could support selected polymer grades. Weak domestic demand continues to limit broad price increases.

Global Market Snapshot

🛢️ Brent Crude: $104.41/bbl  ▼ 1.56%

💱 USD/INR: ₹95.23 ▲ 0.09%

China Polymer Futures | 1-Week Change

PP: $1,255/MT ▲ $34

LLDPE: $1,182/MT ▲ $33

PVC: $640/MT ▼ $9

International PE Offers | Latest Revisions

HDPE HM: $1,300/MT ▲ $20

HDPE Injection: $1,290/MT ▲ $20

HDPE Blow: $1,295/MT ▲ $20

HDPE Raffia: $1,300/MT ▲ $20

LLDPE: $1,240/MT ▲ $20

PolyMart Perspective

Price Volatility: Higher China PP and LLDPE futures, along with rising PE offers, may support selected grades. Domestic demand remains a key factor.

Monitor Markets: Track crude oil, USD/INR, China futures, import offers and domestic producer revisions.

Buy Strategically: Maintain moderate inventory, compare market offers and purchase according to confirmed requirements.

Market Outlook

Stable to Volatile | Selective Price Movements | Need-Based Buying

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.