#ppprices

[petrochemindian]

Indian PP prices

The PP market in Chennai has entered a stable phase following a period of correction. Indian PP prices held steady this week at Rs 152.00/kg, reflecting a pause after consistent downward movement over the past month. The absence of weekly change indicates a temporary balance between supply and demand.

Recent trends show a decline of Rs 2.00/kg over the last fortnight and a sharper drop of Rs 16.00/kg during the past month. However, the broader outlook reveals recovery momentum, with prices rising by Rs 47.50/kg over three months. On a yearly basis, Indian PP prices are higher by Rs 48.00/kg, confirming sustained long-term strength despite short-term weakness.

The yearly range between Rs 99.00/kg and Rs 173.00/kg highlights significant volatility, but current levels sit closer to the lower end, indicating potential stability. PP prices in India have recently shown minimal fluctuations, suggesting reduced speculative activity. Indian PP prices continue to reflect cautious trading sentiment.

Support is seen at Rs 152.00/kg, while resistance is placed near Rs 154.00/kg, marking key levels for market participants, PP, PP Prices, Market Stability, Post Decline, Polymer Market, Stable Trend.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian PP prices

PP prices are unchanged this week, maintaining firm levels after a strong rise over recent months. Indian PP prices continue to reflect stability near the upper end of the recent trading range.

Weekly prices held at Rs 167/kg in Mumbai. Over the past month, values have increased from Rs 91/kg, while the three-month comparison shows a rise from Rs 89/kg. The current level is near the recent high around Rs 168/kg, with the broader range extending down to Rs 88/kg. Indian PP prices remain elevated within this band, while PP prices in India continue to track near the upper side of the range.

Volatility has been limited, with trading activity showing minimal fluctuations and no expansion in the price range. The domestic market is holding steady after its recent upward movement, providing consistent pricing conditions, Polypropylene, PP Prices, Firm Trend, Extended Gains, Petrochemicals, Market Trend. Read the full verified update on IndianPetrochem.com.

[petrochemindian]

 PP prices remain stable in a narrow band

PP continues to trade in a tight band, with limited week-to-week movement into February. The latest assessment was unchanged, leaving Indian PP prices steady for near-term budgeting and spot checks. Such conditions keep negotiations centred on small adjustments rather than large resets.

The marker was Rs 103/kg on 02 Feb 2026, flat versus 26 Jan 2026 and up Rs 1/kg compared with 19 Jan 2026. Over the past month from 03 Jan 2026, it is higher by Rs 1/kg. Across the last 30 days, prices held between about Rs 102/kg and Rs 103/kg, showing a clearly defined short-term range. Day-to-day movement stayed contained, reinforcing a predictable domestic marker.

On a three-month view from 04 Nov 2025, the market is up Rs 3/kg, while the six-month comparison to 06 Aug 2025 is down Rs 2/kg. This keeps PP prices in India slightly firmer on the quarter view, but still mixed on the half-year comparison. With Indian PP prices continuing to cluster near Rs 103/kg, volatility remains low and the market tone is neutral, with Rs 102/kg and Rs 103/kg standing out as the month’s key reference points. Trading stayed orderly, with assessments repeating rather than shifting sharply, PP, PP Prices, Polymer Market, Stable Market, Narrow Band.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

PP holds firm as trading remains compressed

Domestic PP markets have entered a holding pattern, with prices showing little movement over recent assessments. Polypropylene closed the latest week at Rs 94.00/kg, unchanged from the previous week. Compared with levels seen a fortnight earlier, prices are marginally higher by around Rs 0.50/kg, but the increase has not altered the broader picture. The current environment highlights that Indian PP prices are moving within a narrow band, with limited daily volatility.

Looking at the month comparison, prices are slightly firmer than early December, when PP was trading closer to Rs 92.50/kg. This places current levels modestly above recent lows. Over a three-month horizon, however, the contrast is softer, as prices around last quarter were nearer Rs 98.50/kg. This longer-term comparison shows that while stability has returned, the broader trend has eased.

The wider trading range continues to frame market behaviour. Highs near Rs 102/kg and lows around Rs 90/kg define the current cycle. With PP now trading near the midpoint of this range, momentum appears muted. Support around Rs 90/kg and resistance near Rs 102/kg have both held without pressure, reinforcing the compressed structure. Within this setup, PP prices in India offer procurement teams a stable reference rather than directional cues, PP Prices, Polypropylene Market, Polymer Industry, Plastics Market, Firm Pricing, Compressed Trading, Supply Demand, Commodity Update, Petrochemical News, Market Trend.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

PP prices consolidate with minimal weekly change

Domestic PP values have entered a sideways phase, with recent data pointing to stability rather than movement. Prices ended the week at Rs 89/kg, unchanged from the previous week, keeping the market calm as December draws to a close.

Weekly and fortnight indicators both show little net change, with Indian PP prices remaining flat compared with levels seen two weeks ago. The month-on-month view is marginally firmer by Rs 1/kg, though this gain has not altered the broader picture. On a three-month comparison, prices are still Rs 6/kg lower than late-September levels. During this period, PP briefly reached levels near Rs 95/kg before easing, highlighting the absence of follow-through on earlier firmness.

Recent trading behaviour has been marked by narrow swings and low volatility. Prices are currently holding just above Rs 88/kg, which represents the recent low. Support is identified near Rs 88/kg, while resistance around Rs 95/kg continues to cap any upward movement. These boundaries have framed price action over recent weeks, Polypropylene, PP prices, plastics market, petrochemicals, polymer prices, commodity markets, plastics industry, market consolidation, weekly update, price stability.For market participants tracking PP prices in India, the current environment suggests consolidation within a defined range. Indian PP prices remain stable, offering clarity for short-term planning without signalling any strong directional shift. Read the full verified update on IndianPetrochem.com.