Indian HDPE Prices

HDPE prices in Ahmedabad registered a limited weekly decline, moving to Rs 144.50/kg from Rs 145.00/kg previously. The Rs 0.50/kg reduction was also reflected in the fortnightly comparison, showing that the latest movement has been relatively narrow. Indian HDPE prices remain close to the Rs 145/kg region, with the supplied market data indicating only minor near-term fluctuations rather than a large adjustment.
The monthly comparison provides a different perspective. HDPE remains Rs 0.50/kg above the level recorded one month earlier, while the three-month comparison shows a Rs 2.00/kg decline from Rs 146.50/kg. Over six months, values have fallen Rs 13.50/kg from Rs 158.00/kg. HDPE prices in India are, however, substantially higher on a year-on-year basis, rising Rs 48.00/kg from the previous level of Rs 96.50/kg.
The wider historical range underlines the extent of price movement seen in the market. The recent high was around Rs 177.00/kg and the recent low was approximately Rs 93.50/kg. At the current Rs 144.50/kg level, the supplied assessment identifies Rs 145.00/kg as an upside reference and Rs 140.00/kg as a downside reference. These levels provide procurement teams with useful baselines when comparing current offers against recent market movements in Ahmedabad.
Indian HDPE prices remain within a relatively narrow short-term band despite the much wider longer-term range. HDPE, High-Density Polyethylene, Weekly Decline, Fortnightly Decline, Monthly Gain, Six-Month Decline
Read the full verified update on IndianPetrochem.com.