Polymer Price PP ₹105-120 HDPE ₹100-115/kg

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Polymer Industry in India

India's polymer industry is one of the largest in Asia with annual consumption exceeding 18 million tonnes. The country has significant domestic production capacity through petrochemical complexes at Jamnagar (RIL), Panipat (IOCL), Dahej (ONGC), and others.

The packaging segment is the largest consumer of polymers, followed by agriculture (films, pipes), automotive, textiles, and consumer goods. India is transitioning from net importer to exporter for many polymer grades.

Sustainability in Plastics

The polymer industry is focusing on sustainability through multiple initiatives:

Recycling: Extended Producer Responsibility (EPR) regulations mandate plastic waste collection and recycling.
Bio-plastics: Growing adoption of PLA, PBS, and other biodegradable alternatives.
Circular Economy: Chemical recycling to convert plastic waste back to feedstock.
Design: Mono-material packaging for easier recycling, reduced material usage through downgauging.

Polymers & Packaging FAQs

What's PP going for per kg?

PP (Polypropylene) trades at ₹105-120 per kg currently. Homopolymer is ₹105-115/kg copolymer runs ₹110-120/kg and raffia grade for woven sacks is ₹108-118/kg. RIL IOCL and HPCL announce new prices every fortnight based on crude oil and naphtha costs.

And HDPE pricing?

HDPE sits at ₹100-115 per kg. Film grade for bags and pouches is ₹105-115/kg pipe grade is ₹100-110/kg and blow molding grade for bottles runs ₹102-112/kg. Like all polymers these prices move with crude oil and get revised every couple weeks by the petrochemical companies.

What about PVC resin?

PVC resin is actually quite reasonable at ₹85-100 per kg. Suspension grade K-67 (the pipe grade) costs ₹88-95/kg. Cable and profile grades run ₹90-100/kg. Chemplast DCW and Finolex are your main domestic manufacturers.

Which plastics are actually safe for food?

PP (recycling code 5) HDPE (code 2) and PET (code 1) all have FDA and BIS approval for food contact. Look for the food-grade certification mark. PP is one of the few plastics that's microwave safe. LDPE works for cold food only. Definitely avoid PVC for anything you're eating.

What makes polymer prices go up and down?

Crude oil and naphtha are the main feedstocks so when oil prices move polymers follow. Global supply-demand balance matters too - when plants run at low utilization prices climb. Indian companies adjust prices every fortnight tracking international trends and their own inventory positions.

How do I pick the right polymer grade for my application?

Think about three things - what's the end use (food contact needs FDA grade) what's your processing method (injection extrusion and blow molding each need different MFI ranges) and what properties matter (clarity strength barrier). When in doubt ask us - we can recommend the right grade for your specific application.

Is recycled plastic much cheaper?

Typically 20-30% less than virgin. Recycled PP runs ₹85-95/kg versus ₹110-120/kg for virgin. Recycled HDPE is ₹80-90/kg compared to ₹105-115/kg virgin. Works fine for non-critical applications and many products now blend 20-30% recycled content. Not suitable where food safety or consistency is critical though.

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Polymer Prices Today | PP ₹105-120 HDPE ₹100-115 PVC ₹85-100/kg

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Europe’s Chemicals Sector Suffers Another Setback
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Sabic shutting down ethylene plant in England
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Resin Price Report: Active Trading Pushes Prices Higher
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PVC prices slide in November
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Material Insights: Key trends in PE, PET prices
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8