Indian HDPE prices
HDPE trading activity in Mumbai remained largely stable this week as market prices held unchanged at Rs 156.00/kg. Recent market behavior suggests consolidation after earlier corrections, with buyers maintaining cautious procurement strategies and sellers avoiding aggressive price revisions. Indian HDPE prices have displayed a balanced tone in recent sessions, reflecting controlled volatility and relatively steady spot availability across western India markets. The absence of major weekly fluctuations has encouraged participants to monitor near-term support and resistance levels before taking larger purchasing positions.
Compared to the previous month, the market has eased by Rs 3.00/kg from Rs 159.00/kg. The longer-term comparison indicates that prices have corrected by Rs 14.00/kg over the last three months from Rs 170.00/kg, although the six-month trend still reflects a significant gain of Rs 63.00/kg from Rs 93.00/kg. Indian HDPE prices are also sharply above the year-ago benchmark of Rs 95.00/kg, highlighting a yearly increase of Rs 61.00/kg. The yearly trading range has fluctuated between Rs 91.00/kg and Rs 175.00/kg, keeping the current market near the middle band. HDPE prices in India continue to find support around Rs 156.00/kg, while Rs 159.00/kg remains an important upper reference for market participants tracking short-term movement, HDPE Prices, Mumbai Market, HDPE Trade, Petrochemicals, Market Range, Commodity Update.
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