Indian HDPE prices
HDPE prices have entered a phase of stability this week, holding unchanged levels compared to the previous week. Indian HDPE prices are currently assessed at Rs 170.00/kg, reflecting a pause after recent upward momentum and subsequent correction from near-term highs.
Over the past month, the market has seen a marginal decline of Rs 1.00/kg, indicating consolidation rather than weakness. In contrast, the three-month trend remains strongly positive, with prices rising by Rs 77.00/kg from earlier lows. Indian HDPE prices continue to reflect this broader recovery, even as short-term movement remains range-bound. HDPE prices in India are currently supported around Rs 170.00/kg, with resistance near Rs 175.00/kg, forming a narrow trading band.
The domestic trading environment remains balanced, with limited volatility and stable procurement patterns. Buyers are aligning purchases with consistent pricing, while suppliers maintain firm offers within the defined range. This equilibrium suggests a stable near-term structure for the polymer market, HDPE, HDPE Market, Polymer Market, Petrochemicals, Market Stability, Uptrend.
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