Polypropylene market shows mild weekly firmness
Polypropylene prices showed a modest improvement this week, with movements remaining controlled and predictable. Indian PP prices edged up Rs 0.5/kg from the previous week, marking a continuation of the gradual firming seen over recent sessions. The change was limited, keeping the overall market tone stable for buyers tracking short-term procurement needs.
On a fortnight basis, prices are higher by Rs 1/kg, while the month comparison shows a gain of Rs 2.5/kg. These shifts have occurred without sharp daily swings, suggesting a steady adjustment rather than abrupt repricing. The recent high near Rs 102/kg remains some distance away, while the lower reference around Rs 90/kg continues to define the downside boundary observed over recent months. Indian PP prices have therefore remained anchored within a narrow and familiar trading zone.
Looking at the three-month context, prices have mostly moved sideways with a slight positive bias. Compared with the same period last year, levels are lower, underlining that recent gains are incremental rather than structural. PP prices in India currently reflect balance, with limited volatility and clear reference points for procurement planning, Polypropylene prices, Polypropylene market, weekly firmness, mild gains, polymer trends.
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