Polyethylene Market Outlook: PE Prices Dip

South Asia PE: Prices drop on lower discussions / South Asian HDPE film down $10/mt at $885/mt / LDPE prices at $1,070/mt

Jun 06, 2026

Prices in the South Asian polyethylene market edged lower for some PE grades in the week ended Oct. 29, amid lower discussion levels for Middle East-origin cargoes and continued softness in demand. Though some domestic producers shared a stable outlook with a possibility of market activity picking up with the end of the holiday season in India, the price discussions for imports continued to drop. Moreover, some trades for Middle East-origin HDPE material were heard concluded earlier at lower rates. The LLDPE market in the region remained largely stable amid fewer trade discussions and rangebound price ideas. LLDPE film stable from the last assessment at $885/ metric ton CFR South Asia on Oct. 29. "The PE prices have not yet bottomed out, and the rates are likely to trend down...

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