Polypropylene prices drop in South East Asia, put pressure on China

Import homo-PP prices in China are facing downward pressure from more competitive domestic prices and weakening import prices in Southeast Asia, as per Chemorbis. Higher import homo-PP prices in SE AAsia vs the prevailing import prices to China for the past several weeks, has helped encourage sellers to take a firmer stance on their prices to the Chinese market, while a number of Chinese traders have been actively looking to re-export their stocks to Southeast Asia and other global markets.

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