Latest Market News
Global Polymer Futures Decline While Import Duty Extension - Appears Unlikely
Global polymer sentiment remained soft as Chinese futures weakened on 26 June 2026 alongside stable crude oil prices. Brent crude traded at USD 74.41/bbl, while the Indian Rupee remained...
China Helped Stabilize Polymer Markets—But a Bigger Supply Wave Is Coming
China played a key role in stabilizing global polymer markets during the recent Strait of Hormuz disruption. Strong domestic inventories, lower imports, higher coal-to-olefins (CTO) production and selective...
Global indicators continue to support polymer buyers, while domestic PP prices are moving in the opposite direction
Progress in U.S.-Iran negotiations has reduced concerns over supply disruptions in the Middle East. Measures to keep the Strait of Hormuz operational have improved confidence across energy and...
Lebanon Ceasefire Supports U.S.-Iran Talks; Energy Markets Stabilize
A ceasefire between Israel and Hezbollah in Lebanon has improved prospects for ongoing U.S.-Iran negotiations, with U.S. envoy Steve Witkoff heading to Switzerland for the first round of...
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China Futures Weak, Crude Softens; RIL Announces HDPE & LLDPE Price Protection
China polymer futures closed lower on 18 June 2026, with PP at USD 1,001/MT (-38), LLDPE at USD 943/MT (-32) and PVC at USD 604/MT (-6), reflecting cautious...
Producers Maintain PP Prices Amid Tight Supply and Margin Pressures
Domestic polymer producers have announced no change in PP domestic prices effective 18 June 2026, despite the recent sharp decline in global crude oil prices. The decision is...
Lower Crude and Stronger Rupee Signal Potential Relief for Polymer Buyers
Recent weakness in global crude oil markets, combined with the appreciation of the Indian Rupee against the US Dollar, is improving the outlook for polymer imports. Market participants...
US-Iran Agreement to Reopen Strait of Hormuz: Positive Outlook for Polymer Markets
Lower Crude Oil Prices, Improved Polymer Availability & Stronger Rupee Expected to Benefit Indian Industry The reported US-Iran agreement to reopen the Strait of Hormuz has generated positive...
Polymer Market Weekly Report
India's polymer market remained firm during the week, with four of the five major polymer grades registering price increases. Market Highlights - PP Raffia PP Raffia closed at...
Higher Domestic Prices Face Competition from Softer Global Markets
Domestic PP prices have been increased effective 13 June 2026, while global markets continue to show a softer trend and crude oil prices have eased following reduced geopolitical...
