PolyMart Market Update | 06 July 2026

Polymer prices continued to soften across all major commodity grades this week, reflecting the ongoing correction in the market. PP Raffia witnessed the steepest weekly decline of 9.49%, followed by HDPE BM (7.19%), LLDPE (4.98%), LDPE (3.55%), and PVC (1.30%). The recent price correction is largely supported by declining crude oil prices, which have eased raw material costs and put downward pressure on polymer prices. The broader trend also indicates a sustained correction over the past few months, with major polymer grades falling 7–19% compared to one month and one quarter ago. However, despite the recent decline, current prices remain 16–43% higher than levels seen a year ago, highlighting that the market is normalizing after the highs witnessed earlier this year.  Market Highlights - PP Raffia recorded the highest weekly decline at 9.49%.- All major polymers have corrected 7–19% over the last one to three months.- PVC is currently trading 37.19% below its yearly high, making it the most corrected among the major commodity polymers.- Falling crude oil prices continue to reduce feedstock costs, supporting a softer pricing trend. PolyMart View With crude oil prices remaining under pressure and demand expected to stay moderate during the monsoon season, the polymer market is likely to go softer in the near term. PolyMart recommends monitoring market developments closely and procuring based on actual production requirement. PolyMart - Procure With PurposeDisclaimer: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.