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

Oct 31, 2026

The South Asia polyethylene market gained momentum in the week to Oct. 28 amid higher crude volatility and rising domestic demand for the coming month. Market participants 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 heard to be maintained largely on a need-toimmediate basis, reflecting cautious buying interest and limited stockholding. South Asian general-purpose, low-density polyethylene at $1,560/mt CFR South Asia Oct. 28,...

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