The recycled LDPE extrusion market in North Western India remained largely stable during Q1 2025, with prices across black, colour, and natural grades moving within a narrow range. The market showed brief firmness during Q2, but momentum faded quickly, and prices largely flattened through H2 2025.

Relative performance indicators show that natural-grade r-LDPE extrusion recorded the strongest mid-year performance, rising by around 5–6% above Q1 average levels by May, supported by selective restocking. However, the upside proved short-lived, and prices eased slightly before stabilising in the second half of the year.

Colour grades displayed modest resilience during May–July, improving by around 1.5–2% from Q1 levels, but failed to sustain gains and ended the year close to early-year averages.

Black grades remained the weakest performer, slipping by around 2–3% from Q1 levels by mid-year and showing no meaningful recovery thereafter.

Market participants indicated that tighter government compliance measures initially lent support to recycled material prices. However, the impact was offset as virgin polymer prices fell sharply, eroding the cost competitiveness of recycled plastics. In addition, quality inconsistency in recycled extrusion material limited buyers’ willingness to absorb higher prices.

As a result, procurement remained largely hand-to-mouth, and the lack of sustained demand growth kept prices range-bound despite brief mid-year strength.

Note: The analysis reflects percentage change from Q1 2025 average levels and is intended to illustrate relative market performance rather than absolute prices.

These evolving demand–supply dynamics and shifting buyer behaviour across recycled polymers are expected to be key discussion points at Plastic Recycling Conference Asia 2026, organised by PolyMint (formerly AP Industry Conferences), where industry stakeholders will exchange perspectives on market direction, compliance, and growth opportunities.