Polypropylene Market Outlook: Prices & BIS

South Asian PP: Stable amid festival lull; Indian market awaits QCO order / Trade activity likely to pick up only after India market reopens Oct 24 / Indian market participants await BIS decision on PP

Jun 06, 2026

Imports Oct 24 South Asian polypropylene prices were stable in the week to Oct. 22 due to a lull in trade activity amid the festival holidays in India, the largest importer of the material in the region, while trade activity remained subdued in Pakistan due to weak demand. PP raffia/injection grade stable week over week at $840/mt CFR South Asia Oct. 22, below an offer heard and corroborated at $860/mt CFR South Asia, above a bid at $800/mt and within tradable indication heard at $830-$850/mt. Market participants in India said that there was hardly any trade activity in the domestic market since Oct. 18, and it is likely to remain this way till Oct. 23. “Trade activity is unlikely to pick up before the start of next week, the soonest...

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