Indian HDPE prices
HDPE prices have entered a phase of stability in Ahmedabad, holding steady this week after recent corrections. Indian HDPE prices are currently assessed at Rs 159.00/kg, unchanged from the previous week, indicating a pause in volatility and a balanced demand-supply situation in the domestic market.
Over the past month, prices have declined slightly by Rs 5.00/kg from Rs 164.00/kg, reflecting a controlled correction after earlier upward movement. Despite this short-term softness, the broader trend remains strong, with a three-month gain of Rs 28.00/kg from Rs 131.00/kg. Indian HDPE prices continue to demonstrate resilience, supported by sustained consumption trends across downstream sectors. The current price level sits near the lower end of the recent range, which previously peaked at Rs 177.00/kg earlier in the year.
On a yearly basis, HDPE prices in India have surged by Rs 60.50/kg from Rs 98.50/kg, highlighting a strong recovery trajectory. Key resistance is seen near Rs 164.00/kg, while support is observed around Rs 159.00/kg. The market’s current steadiness suggests cautious participation as stakeholders monitor directional cues.
Indian HDPE prices remain stable in the near term, with limited fluctuations expected unless external demand or feedstock dynamics shift, HDPE, Polyethylene, Price Stability, Range Bound, Petrochemicals.
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