Today’s Polymer Price Updates & Quick News

HMEL Announces PE Early Bird Incentive

HMEL - HPCL-Mittal Energy Limited has announced an Early Bird Incentive of ₹2.50/kg on all PP & PE grades.

Applicable for domestic sales from 1st July to 11th July 2026.

Feedstock Offers Update

Naphtha:
C & F Japan: $ 680 (+5)

Propylene :
USA : (Cents/lb)
FD GC: 37.65 (Down)

Europe ( €/Mt ):
CIF NWE: 920 (N/C)
FD NWE: 990 (N/C)

Asia (US$/Mt):
CFR China: 920 (+55)
FOB Korea: 890 (+40)

Ethylene :
USA : ( Cents/lb)
FD GC : 22.00 (N/C)

Europe  (€/Mt) :
FD NWE: 730 (N/C)
CIF NWE: 750 (+5)

Asia (US$/Mt) : 
CFR NEA: 815 (N/C)
CFR SEA: 790 (N/C)

Styrene
USA  (Cents/llb) :
FD GC: 46.00 (N/C)

Europe ($/Mt) :
FOB Rotterdam: 1100 

Asia (US$/Mt) :
CFR China: 960 (N/C)
FOB Korea: 950 (N/C)

(CFR China)
PTA: $ 820 (-15)
MEG: $ 520 (-10)

China Bazaar Futures Opening Alert

PP Futures: 
Opened Lower at 7125 RMB/MT (Closed at 7127 RMB/MT)

LLDPE Futures:
Opened Lower at 6790 RMB/MT (Closed at 6798 RMB/MT)

PVC Futures:
Opened Higher at 4390 RMB/MT (Closed at 4369 RMB/MT)

DOLLAR PRICE - ₹95.39

Dollar Price: Previous Close - ₹95.39 | Open Today - ₹95.39

CRUDE OIL PRICE - BRENT - $72.25 & WTI - $69.01

Brent: Previous Close - $71.8 | Open Today -$71.57

WTI: Previous Close - $68.59 | Open Today - $68.45

GAIL - HDPE & LLDPE POLYMER PRICE DECREASED

GAIL - Gas Authority of India Limited - HDPE & LLDPE Polymer Price Decreased.

HDPE & LLDPE: Up Rs. 10/Kg.

Price Effect Date From 2 July 2026

HPL - PP, HDPE & LLDPE POLYMER PRICE DECREASED

HPL - Haldia Petrochemicals Ltd. - PP, HDPE & LLDPE Polymer Price Decreased.

PP: Down Rs. 12.50/Kg.

HDPE & LLDPE: Down Rs. 10/Kg.

Price Effect Date From 2 July 2026.

NAYARA - PP POLYMER PRICE DECREASED

NAYARA Energy Limited - PP POLYMER PRICE DECREASED

PP: Down Rs. 12.50/Kg.

Price Effect Date From 2 July 2026.

IOCL - PP, HDPE & LLDPE POLYMER PRICE DECREASED

IOCL - Indian Oil Corporation Limited - PP, HDPE & LLDPE Polymer Price Decreased

PP: Down Rs.12.50/Kg.

HDPE & LLDPE : Down Rs.10/Kg.

Price Effect Date From 2 July 2026.

OPAL - PP, HDPE & LLDPE POLYMER PRICE DECREASED

OPAL - ONGC Petro Additions Limited - PP, HDPE & LLDPE Polymer Price Decreased

PP: Down Rs.12.50/Kg.

HDPE & LLDPE: Down Rs.10/Kg.

Price Effect Date From 2 July 2026.

RIL Announces PE Early Bird Incentive

RIL – Reliance Industries Limited has announced an Early Bird Incentive of ₹2.50/kg on all PE grades.

Applicable for domestic sales from 2nd July to 11th July 2026.

Feedstock Offers Update

Naphtha:
C & F Japan: $ 675 (-5)

Propylene :
USA : (Cents/lb)
FD GC: 38.05 (N/C)

Europe ( €/Mt ):
CIF NWE: 920 (-40)
FD NWE: 990 (N/C)

Asia (US$/Mt):
CFR China: 920 (+55)
FOB Korea: 890 (+40)

Ethylene :
USA : ( Cents/lb)
FD GC : 22.00 (N/C)

Europe  (€/Mt) :
FD NWE: 730 (N/C)
CIF NWE: 745 (-5)

Asia (US$/Mt) : 
CFR NEA: 815 (N/C)
CFR SEA: 790 (N/C)

Styrene
USA  (Cents/llb) :
FD GC: 46.00 (Up)

Europe ($/Mt) :
FOB Rotterdam: 1100 

Asia (US$/Mt) :
CFR China: 960 (-10)
FOB Korea: 950 (-30)

(CFR China)
PTA: $ 835 (-20)
MEG: $ 530 (-15)

Global South Asia Polymer Offers

South Asia

LDPE : Down by $ 20 at $ 1430
PVC : Down by $ 25 at $ 725

China Bazaar Futures Opening Alert

PP Futures:  
Opened Lower at 7178 RMB/MT (Closed at 7196 RMB/MT)

LLDPE Futures:
Opened Lower at 6801 RMB/MT (Closed at 6813 RMB/MT)

PVC Futures:
Opened Higher at 4398 RMB/MT (Closed at 4392 RMB/MT)

DOLLAR PRICE - ₹95.07

Dollar Price: Previous Close - ₹95.24 | Open Today - ₹95.27