Indian LDPE prices
LDPE prices in Ahmedabad moved slightly higher this week as the market maintained a steady trading pattern with limited fluctuations. Indian LDPE prices increased by Rs 1.00/kg to Rs 177.00/kg from the previous assessment, continuing the gradual upward movement observed over recent weeks. The market also recorded a similar fortnightly increase, indicating stable demand conditions and controlled regional trading activity.
Monthly comparisons reflected a gain of Rs 2.00/kg, although the market remained below the three-month peak level of Rs 188.00/kg. Over a six-month period, prices rose significantly by Rs 54.50/kg from Rs 122.50/kg, while year-on-year comparisons showed gains of Rs 48.00/kg from Rs 129.00/kg. Indian LDPE prices continue to show resilience despite remaining close to the lower end of recent trading levels. Market participants are closely tracking support near Rs 175.00/kg and resistance around Rs 177.00/kg while maintaining measured procurement activity. Current LDPE prices in India suggest that the market is gradually stabilizing after broader fluctuations seen earlier in the year, Ahmedabad LDPE market records another mild weekly gain, LDPE, Ahmedabad Market, Polyethylene, Petrochemicals, Chemical Market, Industrial Chemicals.
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