South Asia Polyethylene: Prices rangebound to slightly weaker amid thin buying / India could see competitive offers, better netbacks: source / Festive stocking complete, leading to lower demand

Oct 12, 2026

Several South Asia Polyethylene grades inched down week over week amid thin buying and lower tradable indication. the high density polyethylene film and pipe grade $20/metric ton and $10/mt lower, week over week, at $1,320/mt. also assessed the linear low density polyethylene grades lower amid thin buying at $1,320/mt, down $20/mt week over week. Several sources said that the uncertainty has kept buyers on the sidelines, while additionally, there has been sufficient inventory, said another trader. A Middle Eastern producer said, “Markets are stable, lower tradable indications are also additionally due to some domestic inventories which producers and traders locally seem to want to reduce ahead of the festive season.” Several domestic producers also said that domestic demand is stable to firm, and the international demand could be pressured because...

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