Today’s Polymer Price Updates & Quick News

RIL Announced PP Deemed Price Protection

RIL - Reliance Industries Limited Has Announced PP Deemed Price Protection (FY 2025-26)

For ≥60% and <80% - Rs.6/Kg - April 2026

For ≥80% and <100% - Rs.7/Kg - April 2026

This scheme is in addition to the previously announced Early Bird Incentive.

Price Protection under the Deemed category has now been withdrawn.

Feedstock Offers Update

Naphtha :
C & F Japan: $1135 (-10)

Propylene :
USA : (Cents/lb)
FD GC: 61.55 (Up)

Europe ( €/Mt ):
CIF NWE: 1795 (-15)
FD NWE: 1910 (+80)

Asia (US$/Mt):
CFR China: 1320 (-20)
FOB Korea: 1305 (-20)

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

Europe  (€/Mt) :
FD NWE: 1695 (-5)
CIF NWE: 1570 (-5)

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

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

Europe ($/Mt) :
FOB Rotterdam: 1680

Asia (US$/Mt) :
CFR China: 1320 (-25)
FOB Korea: 1350 (-25)

(CFR China) :
PTA: $ 930 (-15)
MEG: $ 665 (-15)

China Bazaar Futures Opening Alert

PP Futures:  
Opened Higher at 8900 RMB/MT (Closed at 8963 RMB/MT)

LLDPE Futures:
Opened Lower at 8337 RMB/MT (Closed at 8398 RMB/MT)

PVC Futures:
Opened Lower at 4950 RMB/MT (Closed at 4952 RMB/MT)

DOLLAR PRICE - ₹93.04

Dollar Price: Previous Close - ₹93.07 | Open Today - ₹93.09

CRUDE OIL PRICE - BRENT - $102.15 & WTI - $104.71

Brent: Previous Close - $94.26 | Open Today - $100.94

WTI: Previous Close - $96.57 | Open Today - $102

RIL Announced PET Price Protection

RIL - Reliance Industries Limited Has Announced PET Price Protection from 13 April to 19 April 2026

SUPREME - GPPS & HIPS POLYMER PRICE UPDATE

SPL - Supreme Petrochem Ltd - GPPS & HIPS Polymer Price Update

GPPS & HIPS: No Change

Price Effect Date From 13 April 2026

JINDAL - BOPET FILM PRICE DECREASED

Jindal Poly Film Limited - BOPET Film Price Decreased

BOPET: Down Rs. 8/Kg

Price Effect Date From 11 April 2026

DOLLAR PRICE - ₹93.09

Dollar Price: Previous Close - ₹93.07 | Open Today - ₹92.68

CRUDE OIL PRICE - BRENT - $95.20 & WTI - $96.57

Brent: Previous Close - $96.41 | Open Today - $96.60

WTI: Previous Close - $97.87 | Open Today - $98.08

IOCL Announces PP & PE Price Protection

IOCL - Indian Oil Corporation Limited has announced PP & PE Price Protection.

IOCL will offer price protection on PP and PE from 10 April to 22 April 2026 or until the next price revision.

Note: This protection does not apply to deemed exports and contractual sales.

Feedstock Offers Update

Naphtha :
C & F Japan: $1145 (N/C)

Propylene :
USA : (Cents/lb)
FD GC: 59.65 (Down)

Europe ( €/Mt ):
CIF NWE: 1810 (-5)
FD NWE: 1830 (-50)

Asia (US$/Mt):
CFR China: 1340 (-25)
FOB Korea: 1325 (+5)

Ethylene :
USA ( Cents/lb)
FD GC: 32.45 (N/C)

Europe  (€/Mt) :
FD NWE: 1700 (+10)
CIF NWE: 1575 (+20)

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

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

Europe ($/Mt) :
FOB Rotterdam: 1680

Asia (US$/Mt) :
CFR China: 1345 (+15)
FOB Korea: 1375 (+15)

(CFR China) :
PTA: $ 945 (+20)
MEG: $ 680 (N/C)

China Bazaar Futures Opening Alert

PP Futures:  
Opened Higher at 9200 RMB/MT (Closed at 9117 RMB/MT)

LLDPE Futures:
Opened Higher at 8629 RMB/MT (Closed at 8579 RMB/MT)

PVC Futures:
Opened Higher at 5098 RMB/MT (Closed at 5093 RMB/MT)

DOLLAR PRICE - ₹92.92

Dollar Price: Previous Close - ₹92.45 | Open Today - ₹92.65

CRUDE OIL PRICE - BRENT - $96.40 & WTI - $98.24

Brent: Previous Close - $96.41 | Open Today - $96.60

WTI: Previous Close - $97.87 | Open Today - $98.08