PP Price Trend India June 2026

South Asian PP: Prices move down amid oversupply; weak demand persists / Indian producers expect prices to be near the bottom / Heavier monsoon, floods push back raffia demand

Jun 08, 2026

South Asian polypropylene prices fell in the week ended Sept. 17 as oversupply and subdued buying interest amid a downtrend in prices weighed on discussions, while US import tariffs and a stronger US dollar against the Indian currency further weighed on sentiment. PP raffia/injection grade down $5 from the last assessment at $865/mt CFR South Asia Sept. 17, below the lowest offer heard and corroborated at $870/mt and above the most competitive bid heard at $850/mt. The assessment was also in line with a deal heard at $865/mt and was within tradable indications heard at $860-$870/mt. Ample domestic supply in India, the largest consumer of PP in South Asia, is pressuring domestic producers to attract buying interest with discounts and schemes such as price protection. This, in turn, is weighing...

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