The Indian polymer market showed mixed trends at the beginning of September 2025, with sharp gains in PET resin and modest strength in PVC, while Polyethylene and Polypropylene showed softness amid subdued buying activity. - Polyethylene Terephthalate (PET) Resin: Prices surged by ₹4.3/kg (~$0.049/kg), supported by robust demand from packaging and beverage sectors. Seasonal uptick in bottling activity and steady raw material costs contributed to the price rise.
- Polyvinyl Chloride (PVC): Prices increased by ₹1.7 per kg, driven by consistent demand from the construction and infrastructure sectors, where pipe and profile applications remain firm.
- Polyethylene (PE): Price performance was mixed. While some grades held stable, others witnessed a decline of ₹1.5 per kg due to weaker demand from packaging film and consumer goods manufacturers.
- Polypropylene (PP): Prices fell by ₹1.2 per kg, weighed down by reduced buying from automotive and textile sectors as well as inventory pressure among processors.
End-Use Sectors Overview
At the start of September 2025, India's polymer market showed mixed trends: PET resin surged by ₹4.3/kg (~$0.049/kg) on strong packaging and beverage demand, while PVC rose ₹1.7/kg with steady construction use.
In contrast, PE slipped ₹1.5/kg on weak packaging demand, and PP dropped ₹1.2/kg amid auto, textile slowdown.
Outlook depends on crude and feedstock costs.
- PET Resin: Bottled water, soft drinks, food packaging, textiles (polyester fibers), and consumer goods.
- PVC: Construction, electrical, automotive interiors, and healthcare products.
- Polyethylene (PE): Packaging films, containers, household products, agriculture (mulch films, irrigation pipes), and industrial goods.
- Polypropylene (PP): Widely utilized in the manufacture of automotive parts, rigid packaging formats, films, household appliances, and a broad range of consumer products.
In the broader context, the polymer market continues to be highly segmented, with Polyethylene Terephthalate (PET) and Polyvinyl Chloride (PVC) maintaining upward momentum, underpinned by resilient demand. Conversely, Polyethylene (PE) and Polypropylene (PP) remain under strain, weighed down by subdued downstream consumption. Looking ahead, the trajectory of prices is expected to hinge largely on fluctuations in crude oil and feedstock values, which serve as the primary cost drivers for the industry.
ALCHEMPro News Desk (VK)
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