Asian PP: Prices rise in line with higher feedstock costs / CFR FE Asia raffia up $30/mt on week / Tight supply in Vietnam supports price uptick

Oct 29, 2026

Asian polypropylene prices strengthened in the week to Oct. 28, in line with rising upstream propylene prices. CFR Far East Asia raffia-grade and injectiongrade polypropylene up $20/metric ton day over day and $30/mt week over week at $1,300/mt Oct. 28. Cost pressures from upstream propylene feedstock remain unchanged, providing continued price support. Traders have also slightly increased their offers, according to market sources. FOB China offers were heard at around $1,370-$1,420/mt across the week. Traders and producers said they had no choice but to pass on the higher costs to downstream buyers, as margins remain under pressure. In upstream markets, propylene CFR China up $10/mt day over day at $1,390/mt. Rising oil prices and futures market trends have bolstered market sentiment in China. In Southeast Asia and Vietnam, prices also...

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