Indian PP Prices

Mumbai polypropylene values moved higher during the latest weekly assessment, gaining Rs 2.00/kg from Rs 144.00/kg to Rs 146.00/kg. Indian PP prices have now recorded a Rs 3.00/kg increase compared with the Rs 143.00/kg level reported one month earlier. The supplied trading data shows relatively limited recent volatility, with the latest movement extending the gradual rise rather than representing an unusually large weekly adjustment.
Longer-term comparisons show a wider recovery. Polypropylene stood at Rs 134.00/kg three months ago, putting the current level Rs 12.00/kg higher. The six-month reference is also Rs 134.00/kg. Against the year-ago level of Rs 91.00/kg, the market is higher by Rs 55.00/kg. The broader observed range stretches from a low of Rs 88.00/kg to a high of Rs 168.00/kg, placing the current quotation between these two markers. Indian PP prices therefore remain well above the lower end of the annual range despite staying below the recorded high.
For buyers following PP prices in India, support is identified around Rs 144.00/kg, while resistance is indicated near Rs 150.00/kg. These levels can be used alongside weekly, monthly and quarterly comparisons when evaluating domestic quotations and procurement timing. The available data shows a market characterised by relatively small recent movements against much larger year-on-year gains. Polypropylene, Weekly Gain, Monthly Gain, Three-Month Gain, Six-Month Gain, Year-on-Year Gain
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