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HPL revises PE Prices: LLDPE gains, HDPE steady
Hindustan Polychem Limited (HPL) has announced a revision in its Polyethylene (PE) prices, effective January 9, 2025 All Linear Low-Density Polyethylene (HDPE) grade prices have been increased by Re. 1/kg on a basic level. Meanwhile, High-Density Polyethylene (HDPE) grade prices remain unchanged. For detailed pricing information, stakeholders are advised to refer to the official price circular. Indian HDPE Prices, Indian Prices HDPE, Indianpetrochem.
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HDPE (Granules Black) hits new highs in Ahmedabad
The price of HDPE Granules (Granules Black) has witnessed a significant surge in the Ahmedabad market. As of today, the price stands at Rs.89 per kg, up from Rs.84 per kg on December 19, 2024. In India, major producers of HDPE granules include Reliance Industries Limited, a dominant name in the polymer market; Uttam Polymers Private Limited, known for its high-quality production; and Srichakra Polyplast Private Limited, which is gaining traction for its role in polymer recycling. On the global stage, prominent producers include LyondellBasell Industries from the United States, Union J. Plus Company Limited from Thailand, and Borealis AG from Austria, all of which play crucial roles in meeting the growing global demand for HDPE granules. HDPE Granules Black is widely used in a variety of industries. In the automotive sector, it is integral to the manufacturing of components and parts. The packaging industry relies heavily on it for creating films, bottles, and containers, while consumer goods manufacturers use it to produce durable and reusable items. Additionally, HDPE plays a vital role in infrastructure development, particularly in the construction of pipes and geomembranes. The market outlook for HDPE remains robust, with the global market expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2030, driven by increased industrial applications and infrastructure expansion. In India, the growth rate is anticipated to be even higher, with a projected CAGR of 6.1%, fueled by urbanization, a shift towards sustainable packaging solutions, and government initiatives to boost infrastructure. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem.
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Prices of HDPE granules (Granules Black) fall in Ahmedabad market
HDPE Dana (Granules Black) were quoted lower today in the Ahmedabad polymer market.The price of the material has fallen from Rs.78/kg quoted on November 29, 2024, to Rs.75/kg today, marking a decrease of Rs.3/kg. Indian manufacturers such as Reliance Industries Ltd, Uttam Polymers Pvt Ltd, and Srichakra Polyplast Pvt Ltd have played a significant role in stabilizing supply chains, contributing to the price decline. Globally, producers like LyondellBasell Industries (US), Union J. Plus (Thailand) Co. Ltd., and Borealis AG (Austria) have supported market stability by adjusting pricing strategies and maintaining steady supply. HDPE Dana (Grade Granules Black), a crucial material used in packaging, construction, and automotive industries, is expected to ease production costs for businesses, improving their operational efficiencies in light of the recent price drop. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem.
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HDPE (F5400) prices inch down in Bangalore market
HDPE (F5400) prices in the Bangalore domestic petrochemical market experienced a decline today. On November 26, 2024, the commodity's price dropped from Rs.98/Kg to Rs.97/Kg, marking a Re.1/Kg decrease. This decline underscores a fluctuation in market conditions within the petrochemical sector. In India, HDPE production is significant, with several major players in the industry such as: 1. Reliance Industries Limited, 2. Indian Oil Corporation Limited (IOCL), 3. BASF India, 4. LyondellBasell. Key Drivers of Growth (CAGR):1. Increasing Demand for Packaging, 2. Construction and Infrastructure, 3. Sustainability and Recycling and 4. Automotive Industry. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem.
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HDPE (B56003) prices gain in Ahmedabad market
The Ahmedabad market has seen a small increase in HDPE (B56003) prices, with rates climbing from Rs.99/kg to Rs.100/kg on November 11, 2024, marking an increase of Re.1/kg.This price hike is driven by a combination of tight supply conditions and rising demand from downstream industries, particularly in the production of petrochemicals and solvents Indian producer HDPE (High-Density Polyethylene) grade B56003 is a product typically used in the production of high-quality plastic items like containers, bottles, and piping. This specific grade is produced by Indian manufacturers and is widely recognized for its excellent properties, such as good chemical resistance, high tensile strength, and durability.1 - Packaging, 2- Pipes & Fittings and 3 -Containers. While HDPE B56003 specifically refers to a high-density polyethylene grade that may be used in applications like bottles, pipes, and containers, it's reasonable to expect the CAGR for this specific grade to align with the overall HDPE market growth. Indian HDPE Prices, Indian Prices HDPE, HDPE Prices In India, Indianpetrochem.
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HDPE (F5400) crawl down in Ahmedabad prices
Indian Petrochem analysts have reported a cut in HDPE ( F5400) prices in Ahmedabad.The price adjustment of HDPE (F5400) in the Ahmedabad domestic market indicates a slight downward trend. As reported by Indian Petrochem analysts, on October 29, 2024, HDPE (F5400) prices were at Rs.98/kg, and as of today, they have been reduced by Re.1/kg, bringing the cost down to Rs.97/kg. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem.
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Chennai records low HDPE (F5400) prices
Today reflects a decline in HDPE (F5400) prices within the Chennai petrochemical market, indicating a shift in market trends. On October 24, 2024, the commodity's price dropped from Rs.100/Kg to Rs.99/Kg, marking a Re.1/Kg decrease. This decline underscores a fluctuation in market conditions within the petrochemical sector. Indian HDPE Prices, HDPE Prices In India, IndianPrices HDPE, Indianpetrochem.
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HDPE (F5400) prices up in Ahmedabad market
HDPE (F5400) prices in the Ahmedabad market were marginally higher today. According to Indian Petrochem analysts, prices have moved up from Rs.98.5/kg to Rs.99.5/kg. Analysts suggest that this upward trend could be short-lived, depending on how global raw material petrochemical market supplies and domestic demand evolve over the coming weeks. HDPE Prices In India, Indian prices HDPE, IndianHDPE prices, Indianpetrochem.
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HDPE (F5400) prices up in Mumbai
HDPE (F5400) prices in the Mumbai market were higher today. According to Indian Petrochem analysts, prices have gone up from Rs.95/kg to Rs.96/kg, registering a hike of Re.1/kg. Analysts suggest that this upward trend could be short-lived, depending on how global raw material petrochemical market supplies and domestic demand evolve over the coming days. Indian HDPE Prices, Indian prices HDPE, HDPE Prices In India, Indianpetrochem.
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HDPE (F5400) prices take a hike in Hyderabad
HDPE (F5400) prices in the Hyderabad market have spiked. According to Indian Petrochem analysts, prices have jumped from Rs. 98/kg to Rs. 99/kg, a neat little Rs. 1/kg hike overnight. Analysts suggest that this upward trend could be short-lived, depending on how global raw material supplies and domestic demand evolve over the coming weeks. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, indianpetrochem.
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HDPE (F5400) market on a downward trend
The price of HDPE (F5400) in the Bangalore market was quoted low today. Indian Petrochem analysts indicate that this change is due to fluctuations in supply and demand as well as raw material costs affecting the production of this essential petrochemical. Since September 16, 2024, HDPE (F5400) prices have been experiencing a downward trend in the Indian market. On September 17, 2024, the price of HDPE (F5400) further decreased by Re.1/kg, down from Rs.99/kg quoted on September 17, 2024, to settle at Rs.98/kg. Indian HDPE Prices, Indian Prices HDPE, HDPE Prices In India, indianpetrochem.
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Mumbai market : Surge in HDPE (B56003) prices
The Mumbai market has recorded a rise in HDPE ( B56003) prices. This price rise has been driven by a combination of tight supply conditions and rising demand from downstream industries, particularly in producing petro chemicals and solvents. On September 12, 2024, prices of (B56003) in domestic intact in Mumbai were quoted higher from Rs.95.5/Kg to Rs.96.5/Kg a hike of Rs.1/kg, Indian HDPE Prices, Indian Prices HDPE, HDPE Prices In India, Indianpetrochem.
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Mumbai market sees a rise in HDPE (F5400) prices
The Mumbai market has witnessed a significant fluctuation in HDPE (F5400) according to reports from Indian Petrochem analysts. Today, the price of (F5400) has increased from Rs.96/kg to Rs.96.5/kg, a rise of Re.0.5/kg. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem.
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Mumbai HDPE (F5400) prices continue to decline
Indian Petrochem analysts have reported a continued decline in HDPE (High-Density Polyethylene) prices in the Mumbai market, marking the 11th consecutive day of reductions. Today, the price of HDPE (F5400) has dropped to Rs. 93/kg, down from Rs. 94/kg on August 28, 2024, reflecting a consistent downward trend. This ongoing decline, which began several days ago, is driven by changing market dynamics, including fluctuations in supply and demand and variations in raw material costs. The sustained price drop highlights adjustments within the supply chain and the broader polymer market. Indian Prices HDPE, HDPE Prices In India, Indian HDPE Prices, Indianpetrochem.
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Cut in Ludhiana鈥檚 HDPE prices
High-density polyethylene (HDPE) prices in Ludhiana saw a cut today On November 27, 2024, the commodity's price dropped from Rs.99/Kg to Rs.98/Kg, marking a Re.1/Kg decrease. HDPE, a versatile polymer used in the production of pipes, packaging, containers, and industrial components, is a staple for industries in India and beyond. Domestic producers such as Reliance Industries, GAIL India, and Haldia Petrochemicals are facing stiff competition as global suppliers flood the market. The price drop is being attributed to sluggish global demand, oversupply from key international players like SABIC, ExxonMobil, and INEOS, and a recalibration in shipping costs that are making imports more competitive.The global high-density polyethylene (HDPE) market, which includes various grades such as B56003, is projected to grow at a compound annual growth rate (CAGR) of approximately 4.21% to 6.1% during the forecast period from 2023 to 2031. This growth is fueled by increasing demand across industries such as packaging, construction, and automotive. Applications like blow molding, injection molding, and the production of pipes and films are driving HDPE demand worldwide. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem.
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HDPE (E52009) prices journey South in Ahmedabad
Indian Petrochem analysts have reported a notable dip in HDPE (E52009) prices in Ahmedabad. The price, which was Rs 99/kg on October 7, 2024, has decreased to Rs 98/kg today, marking a Rs 1/kg drop. This decline highlights ongoing downward trends in the market, raising concerns for industries that rely on HDPE for lubricants and other products. Analysts will continue to monitor the situation for further market shifts in the coming days. Indian HDPE Prices, HDPE Prices In India, Indian Prices HDPE, Indianpetrochem.
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