PP prices moved up considerably during the week ended on November 22, 2013, driven by strong demand conditions.
PP item manufacturers procured the raw material actively on account of demand for their end-products becoming stronger. Most of them operated their manufacturing units at almost full capacities. Demand for the PP material was, thus, continue to remain strong during the week.
During the week, PP prices in the country were not interfered by international price fluctuations. In the South East Asian region, prices of the Injection Moulding grade of the polymer was assessed lower during the week by $5 per metric tonne, at $1,517 per metric tonne CFR.
In the succeeding week, demand for the polymer will remain strong as indicated by the active manufacturing activities going on in the country. And, prices of the polymer are likely to remain at around the rates prevailed in the week under review.
PP item manufacturers procured the raw material actively on account of demand for their end-products becoming stronger. Most of them operated their manufacturing units at almost full capacities. Demand for the PP material was, thus, continue to remain strong during the week.
During the week, PP prices in the country were not interfered by international price fluctuations. In the South East Asian region, prices of the Injection Moulding grade of the polymer was assessed lower during the week by $5 per metric tonne, at $1,517 per metric tonne CFR.
In the succeeding week, demand for the polymer will remain strong as indicated by the active manufacturing activities going on in the country. And, prices of the polymer are likely to remain at around the rates prevailed in the week under review.
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