This week, HDPE prices in Asia softened across all key regions, with Far East Asia recording the sharpest declines, while Southeast Asia and South Asia also witnessed broad based downward movements across all grades. Sentiment across the region was weighed down by ample supply availability and aggressive offers from overseas producers, which encouraged sellers to accelerate inventory drawdowns through competitive pricing.
An industry source in Asia, on condition of anonymity, informed a Polymerupdate team member, "HDPE prices declined during the week as a large volume of competitively priced U.S.-origin cargoes entered the market, increasing supply availability and intensifying pricing pressure. Comfortable inventory levels and ample material availability in the U.S. encouraged sellers to offer discounts to accelerate inventory drawdowns. Meanwhile, buyers remained cautious, purchasing only to meet immediate requirements amid subdued downstream demand. As a result, trading activity stayed muted, further weighing on HDPE prices.”
In Far East Asia, HDPE blow moulding prices were assessed at USD 900 to 950/mt CFR levels, declining, USD (-100/-130/mt) week on week, while HDPE film prices were assessed at USD 930 to 1030/mt CFR levels, moving lower, USD (-120/-70/mt) from the previous week. HDPE injection prices were assessed at USD 850 to 970/mt CFR levels, softening, USD (-130/-90/mt) compared to the prior week, while HDPE yarn prices were assessed at USD 900 to 1000/mt CFR levels, easing, USD (-120/-100/mt) week on week. The steep declines in Far East Asia appear to reflect the most pronounced impact of discounted overseas offers, with buyers holding back in anticipation of further softening. A trader offer from the U.S. was heard for HDPE film grade at USD 900/mt levels, for shipment in end August/early September 2026. Another producer from the Middle has offered its HDPE film grade at USD 930/mt CFR levels.
In Southeast Asia, HDPE blow moulding prices were assessed at USD 1080 to 1170/mt CFR levels, slipping, USD (-50/-80/mt) week on week, while HDPE film prices were assessed at USD 1050 to 1180/mt CFR levels, easing, USD (-100/mt) from the previous week. HDPE injection prices were assessed at USD 1050 to 1150/mt CFR levels, moving lower, USD (-80/-90/mt) compared to the prior week, while HDPE yarn prices were assessed at USD 1070 to 1180/mt CFR levels, declining, USD (-110/-90/mt) over the week. Competitive offers from overseas suppliers and weaker feedstock signals could have contributed to the sustained downtrend across the region. A producer from Saudi Arabia has offered its HDPE film grade at the USD 1150/mt CFR levels. China-origin material was on offer at USD 1125/mt CFR levels.
In India, HDPE blow moulding prices were assessed at USD 1160 to 1200/mt CFR levels, easing, USD (-50/-70/mt) week on week, while HDPE film prices were assessed at USD 1170 to 1210/mt CFR levels, softening, USD (-50/-70/mt) from the previous week. HDPE injection prices were assessed at USD 1170 to 1190/mt CFR levels, declining, USD (-50/-70/mt) compared to the prior week, while HDPE yarn prices were assessed at USD 1170 to 1200/mt CFR levels, slipping, USD (-40/-60/mt) over the week. In the domestic market of India, Reliance Industries Limited (RIL) has extended price protection for HDPE grade. Prices would be announced with effect from July 2, 2026.
Meanwhile, the Government of India extended the validity of the existing import duties exemption on select petrochemical products until July 15, 2026, keeping the current import-related provisions in force for an additional 15 days. The extension reinforced expectations of continued import availability, weakening buying sentiment and adding downward pressure on prices.
In Pakistan, HDPE blow moulding prices were assessed at USD 1160 to 1240/mt CFR levels, easing, USD (-50/mt) week on week, while HDPE film prices were assessed at USD 1150 to 1230/mt CFR levels, moving lower, USD (-50/mt) from the previous week. HDPE injection prices were assessed at USD 1150 to 1230/mt CFR levels, softening, USD (-50/mt) compared to the prior week, while HDPE yarn prices were assessed at USD 1160 to 1240/mt CFR levels, declining, USD (-50/mt) over the week.
In Sri Lanka, HDPE blow moulding prices were assessed at USD 1200 to 1240/mt CFR levels, declining, USD (-90/-100/mt) week on week, while HDPE film prices were assessed at USD 1170 to 1250/mt CFR levels, softening, USD (-80/-100/mt) from the previous week. HDPE injection prices were assessed at USD 1210 to 1240/mt CFR levels, easing, USD (-90/-100/mt) compared to the prior week, while HDPE yarn prices were assessed at USD 1220 to 1250/mt CFR levels, moving lower, USD (-90/-100/mt) over the week.
In Bangladesh, HDPE blow moulding prices were assessed at USD 1140 to 1230/mt CFR levels, slipping, USD (-50/-60/mt) week on week, while HDPE film prices were assessed at USD 1150 to 1240/mt CFR levels, declining, USD (-50/-60/mt) from the previous week. HDPE injection prices were assessed at USD 1150 to 1220/mt CFR levels, easing, USD (-50/-60/mt) compared to the prior week, while HDPE yarn prices were assessed at USD 1150 to 1220/mt CFR levels, softening, USD (-50/-60/mt) over the week.
On the feedstock front, CFR Northeast Asia ethylene prices were assessed at USD 805 to 815/mt levels on June 30, 2026, unchanged from the previous session but registering a decline of USD (-60/mt) compared to the prior week. The softening ethylene complex further amplified the bearish sentiment in the HDPE market, as producers faced weaker cost support alongside heightened competition from discounted offers.
This news synopsis and insights are generated using Polymerupdate’s advanced Artificial Intelligence (AI) systems, leveraging proprietary data, pricing benchmarks, and domain expertise.The content is intended for informational purposes only and does not represent the official views of Polymerupdate. Users are advised to conduct their own independent research before making any commercial or business decisions.
