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Weekly Polymer Market Update: Domestic Polymer Prices Remain Firm

Weekly Polymer Market Update: Domestic Polymer Prices Remain Firm
Polymer September 19, 2026

India’s domestic polymer market remained firm during the week, with four of the five major polymers recording weekly gains. The strength in domestic prices came despite softer crude oil and weaker China polymer futures, indicating that domestic prices continued to hold relatively firm against global cues.

Domestic Polymer Price Snapshot

PP: ₹152.40/kg | Weekly ▲ 0.33% | Monthly ▲ 8.55% | Quarterly ▲ 8.55% | Yearly ▲ 76.80%

LLDPE: ₹140.40/kg | Weekly ▲ 1.85% | Monthly ▲ 7.55% | Quarterly ▲ 4.08% | Yearly ▲ 59.45%

HDPE: ₹133.90/kg | Weekly ▼ 0.67% | Monthly ▲ 4.49% | Quarterly ▼ 10.79% | Yearly ▲ 53.03%

LDPE: ₹167.40/kg | Weekly ▲ 1.86% | Monthly ▲ 7.90% | Quarterly ▲ 3.85% | Yearly ▲ 52.39%

PVC: ₹99.65/kg | Weekly ▲ 0.50% | Monthly ▲ 6.52% | Quarterly ▲ 25.50% | Yearly ▲ 44.73%

Crude Oil Softens Weekly

  • Crude oil stood at $103.87/bbl, down 0.71% on a weekly basis.
  • On longer comparisons, crude remained substantially higher, with the data showing a 14.12% monthly increase, 30.08% quarterly increase and 54.02% yearly increase.
  • The contrasting weekly movement—softer crude alongside firmer domestic polymer prices—shows why procurement decisions should consider multiple market indicators rather than crude oil movements alone.

Key Moments
     LDPE recorded the strongest weekly gain at +1.86%
    HDPE was the only weekly decliner at -0.67%
    PVC led quarterly gains at +25.50%
    PP recorded the highest yearly increase at +76.80%
    Brent crude closed at $103.87/bbl, down 0.71% for the week

PolyMart  Perspective

  • With domestic polymer prices remaining firm while some global cues weakened, buyers may consider maintaining balanced inventory levels and closely tracking upcoming market developments.
  • Key indicators to watch include domestic price revisions, crude oil, China polymer futures, international offers and USD/INR movements.

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.