#polymermarket

Fresh military escalation between the United States and Iran has re-priced risk across the energy and petrochemical complex, and Indian polymer desks are directly in the transmission path. The trigger was a reported attack on three commercial vessels transiting the Strait of Hormuz, after which the US struck Iranian military and maritime targets near Sirik, Bandar Abbas and Qeshm; Iran retaliated against US-linked positions in Bahrain and Kuwait, with missile and drone alerts across parts of the Gulf. Oil flows through the strait averaged around 20.9 million barrels per day in the first half of 2025, roughly 20 per cent of global petroleum liquids consumption.

For India, the analysis worth holding on to is that the risk is volatility first, price second. A crude spike lifts naphtha, then ethylene, propylene, paraxylene and benzene, and only then PE, PP and PET — and that transmission is neither immediate nor uniform.

Why it matters

The PET chain carries dual exposure through PX-PTA and ethylene-MEG; notably, Indian MEG actually fell Rs 8.00/kg this week, underlining that domestic resin prices need feedstock or supply-side confirmation before a sustained rise.

For PE and PP the sharper channel is import parity: war-risk insurance premiums, freight and reduced vessel availability can raise CFR costs for Indian buyers before regional availability changes at all.

The details

One second-layer point, flagged for desk-check: if virgin resin rises while recyclate holds, the virgin-recycled spread widens in favour of India's recyclers — a group that features elsewhere in this edition.

Who is affected

Indian PE, PP and PET buyers face potential import-parity cost pressure through war-risk insurance and freight even before regional resin availability shifts.

Recyclers stand to benefit from a widening virgin-recycled spread if virgin resin prices rise while recyclate holds steady.

What's next

Watch whether the crude spike transmits through naphtha, ethylene, propylene, paraxylene and benzene into PE, PP and PET pricing over the coming weeks.

Continued monitoring of Gulf shipping and insurance costs will determine whether import-parity pressure on Indian polymer buyers intensifies.

The RLLDPE Price Trend has become an important topic for buyers, manufacturers, traders, and procurement teams looking to understand changes in the polymer market. As industries continue to recover from changing economic conditions, RLLDPE prices have shown both stability and short-term fluctuations depending on supply, demand, and raw material costs. 

SEBS 751 continued to trade at firm domestic levels during the latest weekly assessment, with Delhi prices remaining unchanged at Rs 270/kg. Trading sessions stayed relatively stable through the week, and the domestic market avoided any sharp directional swings. Indian SEBS 751 prices continue to reflect the broader upward movement that has remained visible over the recent quarter, supporting the product near the stronger side of current trading ranges.

The market structure still reflects a sustained longer-term rise, with current values positioned significantly above the softer historical zone near Rs 167/kg. Although the product remains below the recent peak around Rs 290/kg, Indian SEBS 751 prices continue to show strong quarterly and yearly comparisons. The domestic market is currently around Rs 72/kg higher than levels recorded three months ago, highlighting the consistency of the recent upward trend. SEBS 751 prices in India also remain nearly Rs 95/kg above the same period last year, reinforcing the firm longer-term market structure. Trading activity during the week remained measured, with buyers and sellers largely operating within a narrow movement range rather than showing aggressive volatility. Daily fluctuations stayed limited overall, helping preserve the controlled market tone visible across recent sessions,SEBS751, SEBS, Petrochemicals, Polymer Market, Market Update, Price Trend, Elastomers, Stable Trading.

Read the full verified update on IndianPetrochem.com.

PA66 prices in Ahmedabad moved lower this week, continuing the softer trend observed over the last two weeks. Indian PA66 prices were assessed at Rs 270.00/kg after declining Rs 5.00/kg from the previous week.

Although the latest movement indicates short-term weakness, the monthly comparison still reflects a gain of Rs 10.00/kg. Over the past three months, the product advanced by Rs 15.00/kg, while the broader six-month trend remains above the earlier level of Rs 238.00/kg. The recent trading range has moved between Rs 238.00/kg and Rs 319.00/kg, indicating ongoing domestic volatility. On a year-on-year basis, the market is lower by Rs 10.00/kg compared with the same period last year. Indian PA66 prices continue to remain within an active trading band, while PA66 prices in India are being closely monitored by buyers and traders for further direction. Resistance is placed near Rs 275.00/kg, while support is seen around Rs 260.00/kg, PA66, Nylon 66, Price Correction, Ahmedabad Market, Polymer Market.

Read the full verified update on IndianPetrochem.com.

PET prices in Delhi experienced a slight decline this week, falling by Rs 6/kg to Rs 162/kg. Indian PET prices have eased marginally after a steady upward trend, reflecting a temporary adjustment in market activity.

Over the past fortnight, prices have declined by Rs 2/kg, while the monthly trend remains positive with a Rs 7/kg increase. The broader outlook shows strong recovery, with a three-month gain of Rs 22/kg and a six-month increase of Rs 67/kg from earlier lows. Year-on-year, PET has surged by Rs 80/kg, highlighting sustained growth in the domestic market. Indian PET prices remain close to the recent high of Rs 168/kg, while PET prices in India continue to consolidate within a defined range.

Support is seen at Rs 155/kg and resistance at Rs 168/kg, suggesting a consolidation phase following recent gains. Market participants may adopt a cautious approach within this range, PET, Price Correction, Post Rally, Market Trend, Polymer Market.

Read the full verified update on IndianPetrochem.com.

SAN continues to exhibit firm pricing momentum in the Delhi market, registering a weekly increase of Rs 10/kg. Indian SAN prices have reached Rs 225/kg, marking a one-year high and reflecting sustained strength in domestic demand and supply dynamics. This steady upward movement highlights consistent market participation and stable trading conditions.

In the short term, SAN has gained Rs 10/kg over the past fortnight and Rs 5/kg on a monthly basis. The longer-term trend remains significantly bullish, with a three-month increase of Rs 55/kg and a six-month rise of Rs 90/kg. Year-on-year, the product has advanced by Rs 71/kg, demonstrating strong recovery from earlier lows. The price range between Rs 126/kg and Rs 225/kg underscores the magnitude of this rebound. Indian SAN prices continue to consolidate near peak levels, while SAN prices in India reflect firm market sentiment.

Support is currently positioned at Rs 215/kg, with resistance at Rs 225/kg. This narrow band suggests controlled volatility and a stable environment for procurement planning, SAN, Styrene Acrylonitrile, Price Increase, Weekly Gains, Polymer Market.

Read the full verified update on IndianPetrochem.com.

POM prices in Ahmedabad held unchanged at Rs 229.00/kg this week, maintaining stability after a Rs 10.00/kg rise over the past fortnight. Indian POM prices remained firm, with the latest weekly reading showing no fresh fluctuation from last week. The current level reflects a steady market tone after recent gains.

The monthly movement showed a Rs 2.00/kg increase, while the three-month comparison highlighted a rise of Rs 69.00/kg from Rs 160.00/kg. On a year-on-year basis, POM was up by Rs 43.00/kg from Rs 186.00/kg. The latest price also matched the highest level seen in the recent year, while the annual low was Rs 160.00/kg. Indian POM prices continue to be assessed around support at Rs 220.00/kg and resistance near Rs 230.00/kg. POM prices in India stayed within a stable trading range this week, POM, Polyoxymethylene, Polymer Market, Stable Prices, Recent High, Engineering Plastics.

Read the full verified update on IndianPetrochem.com.

PA6 in Ahmedabad was assessed at Rs 235.00/kg this week, unchanged from the previous week. Indian PA6 prices stabilized after a Rs 8.00/kg decline over the past fortnight and a Rs 13.00/kg fall over the month. The latest weekly movement reflected a flat market after recent fluctuations.

The broader trend remained higher over longer comparison periods. PA6 was up by Rs 64.00/kg over three months and by Rs 92.00/kg over six months. Year-on-year, the product also showed a Rs 64.00/kg increase. The annual range stood between Rs 133.00/kg and Rs 270.00/kg, showing significant earlier movement. Indian PA6 prices were supported around Rs 235.00/kg, while resistance was seen near Rs 248.00/kg. PA6 prices in India remained steady as buyers and traders reviewed current baselines, PA6, Nylon 6, Polymer Market, Price Stability, Short Term Decline, Engineering Plastics.

Read the full verified update on IndianPetrochem.com.