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South Asian PP: Daily markers stable, weekly markets soften  / Demand subdued, outlook cautious amid economic uncertainties  / Customers await lower prices

South Asian PP: Daily markers stable, weekly markets soften / Demand subdued, outlook cautious amid economic uncertainties / Customers await lower prices

Jun 06, 2026

The Asian polypropylene market was mixed in the week to Nov. 5, with some stability in daily markers but slight declines in weekly assessments. the CFR Far East Asia raffia and injection grades at $785/mt on Nov. 5, down $5/mt day over day, within tradable discussions in the range of $780-$790/mt. The Southeast Asian market witnessed a stable to slightly lower pricing environment. Tradable ideas for PP (raffia and injection) were heard at $810/mt CFR Southeast Asia, aligning with non-dutiable cargoes for November-December delivery. The spread between inflated film and raffia was stable at plus $30/ mt, and the spread between biaxially oriented polypropylene and raffia also remained stable at plus $10/mt. The East China domestic market saw discussions at around Yuan 6,503/mt ex-works, around Yuan 30/mt lower day over...

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