The Indian recycled polymer market remains stable and range-bound, with pricing differences primarily driven by regional demand strength. To reflect market direction without disclosing sensitive transactional data, the following analysis presents indicative price bands for commonly traded recycled polymer grades across major Indian regions.

Indicative Regional Price Bands (₹/kg) | Week 2-3 of February 2026

Regional Prices

Price bands are indicative regional benchmarks and may vary based on quality, lot size, and availability.

Regional Market Interpretation

North India

Indicative prices sit in the mid-range nationally, supported by steady off-take and balanced availability. Buying remains need-based, with limited speculative activity.

East India

East India trades at the upper end of national price bands, particularly for R-HDPE and R-PET food-grade material. Demand remains relatively firm compared to other regions.

South India – Core Markets

Core southern markets continue to show price resilience, closely tracking East India levels. Regular industrial consumption and consistent procurement support pricing.

South India – Peripheral Markets

Peripheral markets in South India show noticeable discounts, especially for commodity grades. Indicative prices are typically ₹7–12/kg lower than core markets, reflecting softer demand and higher price sensitivity.

Market Sentiment & Near-Term Outlook

  • Buyers remain cautious but active
  • Sellers are holding price levels in stronger regions
  • No signs of panic selling or abrupt corrections
  • Regional gaps are expected to persist in the short term

Overall, recycled polymer prices in India are expected to remain range-bound, with regional demand strength continuing to define price direction rather than supply shocks.

Disclaimer

All prices are indicative regional benchmarks for analytical purposes only. They do not represent exact transaction values and exclude GST, freight, and location-specific adjustments.

Team PolyMint