Today’s Polymer Price Updates & Quick News

Feedstock Offers Update

Naphtha :
C & F Japan: $1130 (+55)

Propylene :
USA : (Cents/lb)
FD GC: 55.00

Europe ( €/Mt ):
CIF NWE: 1415 (+10)
FD NWE: 1415 (+10)

Asia (US$/Mt):
CFR China: 1335 (N/C)
FOB Korea: 1290 (+40)

Ethylene :
USA ( Cents/lb)
FD GC: 32.80 (Up)

Europe  (€/Mt) :
FD NWE: 1600 (N/C)
CIF NWE: 1475 (N/C)

Asia (US$/Mt) : 
CFR NEA: 1400 (+10)
CFR SEA: 1500 (+50)

Styrene
USA  (Cents/llb) :
FD GC: 46.90

Europe ($/Mt) :
FOB Rotterdam: 1690

Asia (US$/Mt) :
CFR China: 1360 (+65)
FOB Korea: 1385 (+65)

(CFR China) :
PTA: $ 905 (+25)
MEG: $ 640 (+35)

China Bazaar Futures Opening Alert

PP Futures:  
Opened Higher at 9440 RMB/MT (Closed at 9130 RMB/MT)

LLDPE Futures:
Opened Higher at 8900 RMB/MT (Closed at 8625 RMB/MT)

PVC Futures:
Opened Higher at 5797 RMB/MT (Closed at 5493 RMB/MT)

DOLLAR PRICE - ₹92.70

Dollar Price: Previous Close - ₹92.95 | Open Today - ₹92.70

CRUDE OIL PRICE - BRENT - $109.24 & WTI - $111.54

Brent: Previous Close - $100.24 

WTI: Previous Close - $111.99 | Open Today - $98.79

JINDAL - BOPP FILM PRICE INCREASED

JINDAL POLY FILMS LIMITED - BOPP Film Price Increased

TT: Up Rs. 10/Kg

NTT: Up Rs. 12/Kg

Matte: Up Rs. 15/Kg

Price Effect Date From 02 April 2026

JINDAL - BOPET FILM PRICE DECREASED

Jindal Poly Film Limited - BOPET Film Price Decreased

BOPET: Down Rs. 7/Kg

Price Effect Date From 02 April 2026

Government of India Announces Zero Import Duty on PP, PE, PVC, PS & PET

The Government of India has announced a temporary tax exemption on 40 categories of imported chemicals and Polymers to support domestic industries. Effective from 2nd April to 30th June 2026, the Basic Customs Duty has been reduced to "Nil" for essential materials like Polypropylene (PP), Polyethylene (PE), Polystyrene (PS), Polyvinyl Chloride (PVC), and Polyethylene (PET) chips, and some others. For more details, kindly refer to the official circular.

Feedstock Offers Update

Naphtha :
C & F Japan: $1075 

Propylene :
USA : (Cents/lb)
FD GC: 55.00

Europe ( €/Mt ):
CIF NWE: 1405 (N/C)
FD NWE: 1405 (N/C)

Asia (US$/Mt):
CFR China: 1335 (N/C)
FOB Korea: 1250 (N/C)

Ethylene :
USA ( Cents/lb)
FD GC: 31.35

Europe  (€/Mt) :
FD NWE: 1600 (N/C)
CIF NWE: 1475 (N/C)

Asia (US$/Mt) : 
CFR NEA: 1390 (-60)
CFR SEA: 1450 (-50)

Styrene
USA  (Cents/llb) :
FD GC: 46.90

Europe ($/Mt) :
FOB Rotterdam: 1690

Asia (US$/Mt) :
CFR China: 1295 (-90)
FOB Korea: 1320 (-90)

(CFR China) :
PTA: $ 880 (-25)

China Bazaar Futures Opening Alert

PP Futures:  
Opened Higher at 8885 RMB/MT (Closed at 8764 RMB/MT)

LLDPE Futures:
Opened Higher at 8493 RMB/MT (Closed at 8380 RMB/MT)

PVC Futures:
Opened Higher at 5301 RMB/MT (Closed at 5256 RMB/MT)

DOLLAR PRICE - ₹93.58

Dollar Price: Previous Close - ₹93.20 | Open Today - ₹93.22

CRUDE OIL PRICE - BRENT - $107.70 & WTI - $104.97

Brent: Previous Close - $100.24 | Open Today - $100.70

WTI: Previous Close - $100.12 | Open Today - $98.79

Feedstock Offers Update

Naphtha :
C & F Japan: $1190 

Propylene :
USA : (Cents/lb)
FD GC: 29.05

Europe ( €/Mt ):
CIF NWE: 1405
FD NWE: 1405

Asia (US$/Mt):
CFR China: 1335
FOB Korea: 1520

Ethylene :
USA ( Cents/lb)
FD GC: 26.70 (Up)

Europe  (€/Mt) :
FD NWE: 1600 
CIF NWE: 1475

Asia (US$/Mt) : 
CFR NEA: 1450 
CFR SEA: 1500

Styrene
USA  (Cents/llb) :
FD GC: 46.90

Europe ($/Mt) :
FOB Rotterdam: 1690

Asia (US$/Mt) :
CFR China: 1385 (-20)
FOB Korea: 1410 (-15)

(CFR China) :
PTA: $ 905
MEG: $ 630

China Bazaar Futures Opening Alert

PP Futures:  
Opened Stable at 9111 RMB/MT (Closed at 9103 RMB/MT)

LLDPE Futures:
Opened Stable at 8614 RMB/MT (Closed at 8614 RMB/MT)

PVC Futures:
Opened Stable at 5352 RMB/MT (Closed at 5353 RMB/MT)

CRUDE OIL PRICE - BRENT - $104.77 & WTI - $102.87

Brent: Previous Close - $103.97 | Open Today - $103.26

WTI: Previous Close - $101.38 | Open Today - $101.81

DOLLAR PRICE - ₹93.77

Dollar Price: Previous Close - ₹93.45 | Open Today - ₹93.53