Indian LDPE prices
LDPE prices in Mumbai remained stable this week at Rs 163.00/kg, reflecting a steady market after recent corrections. Indian LDPE prices have shown no change over the past fortnight, indicating controlled trading conditions and limited volatility.
The market experienced a sharp decline of Rs 10.00/kg over the past month after touching Rs 175.00/kg. Despite this correction, the broader trend remains upward, with prices rising by Rs 51.00/kg over three months. This sustained increase continues to support Indian LDPE prices at higher levels compared to earlier periods. LDPE prices in India are currently trading near support at Rs 160.00/kg and resistance at Rs 175.00/kg, suggesting consolidation within a defined range.
Year-on-year growth of Rs 45.00/kg further reinforces the positive trajectory, even as short-term stability prevails. Market participants are observing steady conditions, enabling structured procurement planning and reduced exposure to volatility, LDPE, LDPE Prices, Price Stability, Post Decline, Polymer Market, Stable Trend.
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