The Polyolefin Plastomer market in India is anticipated to see mixed price trend in the near future. This month, ChemAnalyst has predicted the prices to fall by 1.3% due to reduction in demand from the flexible packaging sector and fewer automobile purchases. However, the firm forecasted prices to increase by 1.7% in June as companies restock before monsoon disruptions and feedstock Ethylene costs increases.

In April 2025, the Polyolefin Plastomer market in India witnessed a nominal price decrease about of 1% compared to the previous month. This slight decrease in Polyolefin Plastomer prices was mainly due to average demand from major industries like packaging and automobiles, along with steady imports from major foreign suppliers.

The packaging sector, a key user of Polyolefin Plastomer, faced moderate demand during April. Market players stated that flexible packaging manufacturers reduced their production rates because of excess stock and fewer orders due to seasonal trends. While long-term investments continued, such as Jindal Poly Films’ plans to expand, short-term demand for Polyolefin Plastomer remained average. This added to the cautious sentiments in the Polyolefin Plastomer market.

At the same time, the automobile industry in India had shown different results. Passenger vehicle sales were about 3.5 lakh units in April, the highest ever for the month, with a rise of almost 4% compared to the previous year. However, growth varied. Maruti Suzuki saw only slight increase, while Hyundai and Tata Motors faced notable sales reductions. On the other hand, Mahindra & Mahindra reported strong growth, because of its popular SUV models. This uneven performance led to moderate demand for Polyolefin Plastomer, which is often used in lightweight automotive parts.

On the supply side, feedstock ethylene prices showed a downward trend in April, which helped keep Polyolefin Plastomer production costs manageable. Imports from major producers like South Korea and Saudi Arabia also remained stable, ensuring a good supply of Polyolefin Plastomer. However, domestic production was limited, and India continued to depend heavily on imported Polyolefin Plastomer to meet its industrial demand.

Despite stable logistics and consistent import volumes, Indian buyers were cautious. Many companies, especially in the packaging sector, delayed new purchases because they had enough stock and expected prices for Polyolefin Plastomer to decrease further.

Overall, Polyolefin Plastomer market in India is anticipated to experience mixed trends in the coming months because of changes in demand from packaging and automobile sectors. Industry players are closely watching feedstock price trends and import patterns to manage the changing pricing dynamics for Polyolefin Plastomer.