Skyline Update: Raw Material Scenario — August 2026
· Skyline Updates
We post a short raw material update here periodically so our regular buyers have visibility into what's driving pricing, rather than being surprised by it. Figures below are from industry pricing trackers as of 1 August 2026 and are directional, not exact procurement figures — always confirm current pricing with us directly before placing a large order.
Polypropylene (PP) Resin
PP — the base feedstock for BOPP film — kept climbing through the back half of July. Domestic producers pushed through two rounds of increases: roughly ₹2,500/MT on PP homopolymer and ₹3,500/MT on copolymer/random-copolymer grades effective 23 July, followed by a further ₹5,000/MT increase from another major producer effective 27 July. As of this writing, no fresh circular for early August has been published yet, so the 27 July levels remain the current reference point. Even with these hikes, Indian PP continues to price below other major regions — trackers still put India at roughly $1.1-1.12/kg against around $1.22/kg in Northeast Asia and near $1.77/kg in Europe, so the domestic cost advantage hasn't gone away.
BOPP Film
BOPP film tells a different story right now. After peaking near $1,970/MT in June following the March rally, the market has settled into a correction — and industry trackers are clear that this softening is coming from the demand side, not from feedstock relief. Converters that stocked up during the earlier price run are now buying need-based rather than in bulk, trader-level inventory has built up, and cheaper import offers from other Asian markets are drawing renewed interest as local prices ease. None of this means PP costs have gotten cheaper for film producers — it means producers are absorbing some of that cost pressure themselves to keep volumes moving, which is squeezing margins further down the chain at printing and lamination converters.
What This Means for Your Ordering
- If you have a large order planned in the next few weeks, current pricing is still reasonably favourable for buyers — film prices haven't caught up to rising resin costs
- Trackers are flagging this as a near-term window rather than a settled trend — analysts expect further softness is possible in the short term, but the direction can flip quickly if converter demand or export orders pick back up
- We'll flag it here again if the trend shifts meaningfully rather than waiting for a fixed monthly date — this section updates as the market moves
As always, Skyline's own quotes reflect our in-house production costs, not just index trackers — if you want a firm number for a specific order size, send us your requirement and we'll quote it directly.
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