Demand in Karachi’s open polymer markets on Monday, July 28, 2025, was notably sluggish, with prices generally softer across the board. Polypropylene raffia traded at around PKR 356–358/kg, injection grade at PKR 357–359/kg, and film grade at PKR 365–367/kg. PPCP exchanged hands around PKR 379–381/kg, while random copolymer was priced at PKR 421–423/kg.
On the HDPE front, injection grade fell to PKR 377–379/kg, blow moulding edged down to PKR 379–381/kg, and film grade dropped to PKR 366–368/kg. LDPE film dipped to PKR 407–409/kg, with LLDPE film coming in at PKR 387–389/kg.
Among styrenics, GPPS maintained at PKR 454–456/kg, HIPS at PKR 546–548/kg, while ABS softened to PKR 601–603/kg. PVC was quoted at PKR 315–317/kg and PET bottle resin at PKR 327–329/kg.
Buyers appeared cautious, adopting a hands-off approach amid tepid trading and lackluster sentiments. Market participants noted that reasons for the slowdown included sufficient existing inventories and hesitance toward new purchasing in light of uncertain demand expectations. Weak downstream activity and a conservative mood suggest that unless sentiment shifts or order patterns revive, prices may stay under pressure in the near term.
