LDPE holds flat as trading stays range-bound
LDPE trading has been quiet this week, with prices holding steady after a month of gradual easing. The latest assessment shows a flat weekly outcome and limited day-to-day variation, reflecting a market that has settled into a narrow band rather than extending a directional move.
For the week, Indian LDPE prices closed at Rs 122.00/kg, unchanged from last week. The same steady tone is visible on a fortnight basis, where the comparison also shows no net change. This stability follows a month-long softening that has already been absorbed into current levels, leaving participants focused on confirming the range rather than chasing momentum.
On the one-month view, prices are down Rs 2.00/kg, while the broader comparison versus three months ago indicates the market remains softer than earlier in the quarter. Even so, the pace of decline has slowed noticeably in recent sessions. LDPE has traded near a recent high around Rs 124.00/kg and close to the lower end near Rs 122.00/kg, with small moves and muted volatility supporting the sideways character. Support is indicated near Rs 122.00/kg and resistance around Rs 124.00/kg, which continue to anchor negotiations and short-term purchasing discussions. Track LDPE prices in India with clear weekly and monthly benchmarks for internal budgeting and contract reviews, while Indian LDPE prices remain defined by this tight band., LDPE Prices, Polyethylene Market, Plastic Industry, Price Stability, Range Bound Trading, Commodity Market, Supply Demand, Polymer News, Chemical Industry, Market Update. Read the full verified update on IndianPetrochem.com.
