China Polymer Prices Mixed Post-Holidays

PP prices were pulled lower in parts of Asia last week. PP injection and PP raffia grade prices were assessed at the USD 1255/mt to USD 1260/mt CFR Far East Asia levels while PP film prices were assessed at the USD 1270/mt to USD 1275/mt CFR Far East Asia levels.   “Feedstock propylene prices have declined in Asia while demand for PP too is thin thereby casting a bearish shadow on regional prices of PP. Although there was some buying action seen in China ahead of the start of their National Day holidays next month, in general the buying pulse in the...

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