Polymer Markets Stay Firm as Crude Rises and Geopolitical Risks Persist
Global polymer markets remain firm amid higher crude oil prices, US–Iran tensions and firmer sentiment in China. US–Iran & Energy Market 🔺 US–Iran tensions remain elevated, while uncertainty around the Strait of Hormuz continues to keep energy and shipping markets volatile. China Market Update 🔺 PP & PE markets remain firm, supported by stronger Dalian futures and higher crude prices. 🔹 Domestic polyolefin inventories have increased, while demand remains cautious. RIL Price Revision — Effective 20 August 2026 🔺 LD EC & MP: +₹3,000/MT 🔺 LL Butene – Film Sector: +₹1,000/MT 🔹 All other HD, LL & LD grades: Rollover Market Snapshot 🛢️ Crude Oil: $91.98/bbl ▲ 0.39% 💱 USD/INR: ₹95.63 ▼ 0.12% PolyMart Perspective • Need-based buying: Maintain optimal stock levels while watching market direction. • Watch global cues: Track crude, China and geopolitical developments closely. • Plan purchases: Stay alert to further domestic price revisions. 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.