Asian PP: Spikes $50-$90/mt amid firm feedstocks / CFR FE Asia PP hits highest since Nov 2014 / Firm sentiment slows amid crude futures downturn / China PP exports likely fall amid lower PDH plant runs

Nov 05, 2026

The Asian polypropylene market rose by $50-$90/metric ton from the previous week, but the bull run stalled on Nov. 4 amid a sharp downturn in crude oil futures. CFR Far East Asia PP raffia price rose $50/ mt week over week to $1,370/mt on Nov. 4, the highest level since Nov. 18, 2014, when the price was assessed at $1,380/mt. The Asian PP market opened this week on a firm note, supported by bullish crude oil and China's PP futures. However, the firm trend eased on Nov. 4 amid a sharp downturn in Western crude oil futures. Most actively-traded January ICE Brent futures fell $2.49/ barrel from a day before to $101.28/b on Nov. 4. Over the past week, the futures fell by $7.46/barrel. Despite the sharp downturn, the Asian...

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