South Asia PE: Price inches up amid tight supply, steady demand / Demand expected to strengthen after Diwali / Supplies, inventories remain tight

Oct 29, 2026

The South Asia polyethylene market gained momentum on the week ended Oct. 28 amid higher crude volatility and rising domestic demand for the coming month. Market players expected demand to pick up for November shipment cargoes. South Asian high-density polyethylene pipe natural at $1,370/metric ton, up $40/mt week over week. "A $50-$60 price increase in HDPE pipe natural is anticipated later this week," a trader said. Sources expected South Asian general-purpose low-density polyethylene prices to remain firm in the near term, citing limited supplier availability in the domestic market. A trader attributed the upward momentum to tight supply, while inventory levels were reported to be maintained largely on a need-to-immediate basis, reflecting cautious buying interest and limited stockholding. South Asian general-purpose, low-density polyethylene at $1,560/mt CFR South Asia on Oct....

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