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South Asian PP: Prices stable; buyers await fresh offers next week  / BOPP downstream sales seen moderating from Oct  / Indian producers offer large discounts to push sales

South Asian PP: Prices stable; buyers await fresh offers next week / BOPP downstream sales seen moderating from Oct / Indian producers offer large discounts to push sales

Jun 07, 2026

South Asian polypropylene prices were stable in the week ended Sept. 24 as buyers awaited fresh offers next week to understand the direction of price movement in the near term. Buyers remained risk-off amid an oversupply situation in India and a downtrend in import prices over the past few weeks. PP raffia/injection grade stable from the last assessment at $865/mt CFR South Asia Sept. 24, below the lowest offer heard and corroborated at $870/mt and above the most competitive bid heard at $860/mt. The assessment was also in line with tradable indications heard and corroborated at $865/mt. No deals were heard this week, as most market participants awaited fresh offers, which are likely next week. “The producer we represent rolled over its offer from last week. We are in the...

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