Polymer Prices Rise in China

Polypropylene (PP) prices ended mostly flat across Asia this week with marginal gains recorded in some parts of the region. In China, inventories were declining due to re-exports, demand was seen to have lifted for select grades. The market action currently is mixed in China. Buyers of PP are unsure about how pricing trends will be next month. On the one hand propylene feedstock rates have slipped while on the other there is talk of diminishing availability due to re-exports. In China, domestic ex works prices of PP injection and raffia were at the Yuan 12450/mt...

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