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Weak demand keeps Asian PP trends steady last week
07 Oct '14
1 min read
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.
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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