Lower Crude and Falling Import Offers Continue to Ease the Polymer Market, easing pressure from buyers

The polymer market continues to favour buyers as global prices remain under pressure. Crude oil has fallen to around USD 72.10 per barrel , its lowest level in four months, while import offers for polymer granules continue to decline. Several polymer grades from China are now being offered at below USD 950 per MT, reflecting weak global demand. If this trend continues, many commodity polymer prices in India could soon move into the two-digit per kg range, creating better buying opportunities for processors . The Indian Customs Department has also revised the Customs Exchange Rate (effective 03 July 2026) to ₹95.20 per USD for imports and ₹93.50 per USD for exports. These rates will influence the landed cost of imported materials. With the arrival of the monsoon season, polymer consumption is expected to slow, as demand from several industries typically remains lower during this period. PolyMart's Recommendation - Purchase based on actual consumption requirements.- Avoid building excess inventory in a declining market.- Maximize sales of finished goods before increasing raw material stocks.- Continue monitoring global crude, import offers, and 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.