Wednesday 31 July 2013

PP price protections in India fail to invigorate buyers' sentiments

30 July: The latest price protection for PP by Indian producers failed to invigorate buying sentiments among buyers in the country. Buyers' sentiments remained bearish that led traders in the country continue to see  sluggish market conditions. However, the price protections can also be considered as firm indications of the producers not increasing their PP prices in the imminent price revisions. 
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