South Asian PP: Prices stable to down amid lower offer discussions / Converters prioritizing stock management ahead of holidays / Restocking demand easing ahead of Diwali holidays in India

Oct 17, 2026

South Asian polypropylene prices were flat to lower in the week to Oct. 14, as the persistent stalemate between buyers and sellers led to lower price discussions from the sell side, market participants said. Moderating demand for certain grades also weighed on discussion levels in the market, participants said. PP raffia/injection grade stable week over week at $1,375/mt CFR South Asia on Oct. 14, below the lowest offer heard and corroborated at $1,380/mt CFR South Asia, above a bid at $1,300/mt and within tradable indications heard at $1,370- $1,380/mt CFR South Asia. Prices of other grades were lower week over week. polypropylene film grade at $1,395/mt CFR South Asia, down $10/mt week over week; biaxially oriented polypropylene at $1,385/mt CFR South Asia, down $10/mt; and block copolymer at $1,415/mt CFR...

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