South Asian PP: Prices inch higher; offtake tapers ahead of Diwali / Buyers facing cash crunch amid persistent high prices / Sellers could focus on SE Asia amid better margins

Nov 05, 2026

South Asian polypropylene prices edged up in the week to Nov. 4, led by a slight week-over- week increase in sell-side discussion levels, while tapering buying activity and easing crude oil prices during the week capped any further increase in prices in India, the region's largest consumer of the material by volume, market participants said. PP raffia/injection grade up $10/metric ton week over week at $1,440/mt CFR South Asia on Nov. 4, below the lowest offers heard and corroborated at $1,460/mt CFR South Asia, and within tradable indications heard in a range of $1,430- $1,450/mt CFR South Asia. Separately, a deal heard at $1,420/mt was not considered as it could not be corroborated. Prices of other grades were each assessed $10/mt higher week over week. polypropylene film grade at $1,460/mt...

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