"What moved markets — and why it matters for your next polymer buy." — Credco
January futures for all four major commodities—LLDPE, PP, PVC and MEG—ended lower on the Dalian Commodity Exchange on Thursday, November 5, 2026. January LLDPE futures declined by CNY296/ton ($44/ton), closing at CNY9,106/ton ($1,208/ton without VAT). Trading volume reached 60…
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In October, the domestic propylene market in India saw a significant increase in prices, primarily due to a contraction in supply. This contraction was caused by maintenance activities at key production facilities, which, combined with a surge in restocking demand from downstr…
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Domestic PVC markets across Southeast Asia continued to move higher in November, supported by firmer import offers and rising replacement costs. Local prices recovered most of the losses recorded in early October, with weekly assessments in Vietnam, Indonesia and the Philippin…
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International polypropylene (PP) offers to South Asia, including the Indian subcontinent, recorded a uniform increase of $10/ton across all listed grades. The latest indications showed upward adjustments in PP film, injection, raffia, PP copolymer (CP) and BOPP grades, with al…
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Dalian Commodity Exchange futures showed a mixed performance on Wednesday, November 4, as January LLDPE contracts moved higher, while PP, PVC and MEG futures ended the session in negative territory. Dalian Futures Market – November 4 - LLDPE: January futures settled at CNY9402…
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Turkey’s polypropylene (PP) and polyethylene (PE) markets began November under renewed upward pressure, with initial supplier announcements and higher selling indications suggesting that October’s rally could continue. Despite Brent crude futures falling by more than 7% on Mon…
Read dispatchReliance Industries reported a significant 68% increase in its oil-to-chemicals segment earnings for the fiscal second quarter, driven by improved margins. This comes amid a challenging environment for the Indian polymer market, where domestic demand fell by 3.5% year-on-year …
Read dispatchIndian polymer producers have initiated significant price hikes for key materials such as PVC, PP, and PE as of November 1st. This move comes amidst rising input costs and converter resistance, particularly ahead of the Diwali festival. The increase is led by a larger-than-exp…
Read dispatchIn October, the domestic propylene market in India experienced a significant surge in prices, driven by a notable contraction in supply. This was largely due to concentrated maintenance activities at key production facilities, combined with a spike in restocking demand from do…
Read dispatchEvery rupee shift in PP, PE, PVC or PET ripples through India's packaging, agri-pipe, automotive and FMCG value chains. The Credco Wire tracks the supply shocks, force majeures, crude swings and policy moves that set those rupees in motion — so traders, processors and procurement teams see the why behind every tick on the Credco exchange.
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