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Weak demand keeps Asian PP trends steady last week
07
Oct '14
Polypropylene (PP) prices stayed steady during the last week ending Oct 2 in the Asian market, due to weak downstream demand coupled with poor energy market.

Selling offers for PP in F E Asian market kept flat and were assessed in the range of US$ 1480/ton to US$ 1485/ton.

In S E Asian market too, PP trends stayed inert and were quoted in the range of US$ 1590/ton to US$ 1595/ton.

In M E Asian market, PP prices declined marginally and were offered in the range of US$ 1470/ton to US$ 1475/ton.

In the Indian market, selling offers for PP Raffia were also stable at INR 111.08/kg.

Fibre2fashion News Desk - India

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