In the last fortnight, Polypropylene price increased due expected short term supply shortage. During the first half of the last fortnight, PP Raffia price gained mainly because of higher feedstock values and optimistic outlook for February. In the second half of the last fortnight, PP prices continued to march ahead despite of slow buying trend. At the end of the last fortnight, Chinese market reopened and price of PP Raffia significantly jumped up. In Overall global PP market, speculators were more optimistic for short term price rally in near future.