The current quotation is Rs 6.00/kg below the monthly level of Rs 166.00/kg. Over three months, LDPE has declined by only Rs 2.00/kg from Rs 162.00/kg, showing that the medium-term adjustment has been narrower than the monthly movement. Indian LDPE prices nevertheless remain significantly above the corresponding level last year. The current rate is Rs 48.00/kg higher than the year-ago quotation of Rs 112.00/kg.
The annual trading range extends from Rs 110.00/kg to Rs 175.00/kg. At Rs 160.00/kg, the market is Rs 15.00/kg below the recorded annual high and Rs 50.00/kg above the annual low. LDPE prices in India currently have support near Rs 160.00/kg, while resistance is identified around Rs 166.00/kg.
These reference levels can support comparisons between current spot requirements, monthly procurement plans and longer-term price exposure. The latest assessment reflects stable weekly trading, a limited monthly correction and a substantial increase against last year’s lower base. The current quotation remains directly aligned with the stated support benchmark. LDPE, Low Density Polyethylene, Polymer Prices, Stable Market, Weekly Update, Mumbai LDPE
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