RIL Revises Polypropylene (PP) Prices Downward by ₹12,500/MT
Reliance Industries Limited (RIL) has announced a significant downward revision in Polypropylene (PP) prices for both Domestic Sales and Deemed Exports. The revised prices are effective from 2 July 2026.
As per the latest producer notification, PP Domestic and Deemed Export prices have been reduced by ₹12,500 per Metric Ton (MT) across all polypropylene segments and grades. The revision represents one of the sharpest price corrections in recent months and is expected to impact procurement decisions across the polymer industry.
Polypropylene is extensively used in packaging, woven sacks, raffia, injection moulding, automotive components, household products and industrial applications. Price revisions by India's largest producer typically influence market transactions, inventory planning and overall sentiment across major polymer trading hubs.
The substantial ₹12,500/MT reduction is expected to improve buying sentiment and encourage fresh procurement by processors, converters and traders. Market participants may witness increased purchasing activity as buyers look to capitalize on lower prices. Future market direction will continue to depend on crude oil prices, propylene feedstock costs, import parity and domestic demand.
The latest revision is likely to provide immediate relief to polypropylene consumers while increasing competitive activity across the domestic polymer market. Buyers are expected to closely monitor upcoming producer announcements and international market movements for further pricing cues.
Key Market Highlights
- PP Domestic prices reduced by ₹12,500/MT.
- PP Deemed Export prices reduced by ₹12,500/MT.
- Applicable across all Polypropylene segments.
- Effective from 2 July 2026.
- Expected to improve procurement sentiment across the Indian PP market.
- Significant reduction in polypropylene procurement costs.
- Better purchasing opportunities for processors and converters.
- Potential increase in buying activity across domestic markets.
- Lower raw material costs for packaging and industrial manufacturers.
- Buyers should monitor future producer announcements for additional revisions.
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View Live Prices →Reliance Industries Limited (RIL) remains India's largest integrated petrochemical producer and one of the country's leading suppliers of Polypropylene and Polyethylene products. The latest ₹12,500/MT reduction in PP prices reflects evolving market dynamics and is expected to influence procurement strategies and trading activity across India's polymer industry.
