Polypropylene quotations in Chennai moved higher by Rs 1.00/kg over the latest week, reaching Rs 183.00/kg against Rs 182.00/kg previously. Indian PP prices thus show a modest weekly increase at a level that the supplied report identifies as the recent yearly high. The fortnight comparison is also positive by Rs 1.00/kg. The smaller weekly movement should be read alongside, rather than confused with, the stronger appreciation recorded over longer periods.
The one-month increase is Rs 4.00/kg. Looking further back, the market is Rs 23.00/kg above its three-month comparison point and Rs 30.00/kg above its six-month reference. One year earlier, the Chennai quote was Rs 166.00/kg, making the reported year-on-year difference Rs 17.00/kg. The recorded range runs from Rs 99.00/kg at the low end to Rs 183.00/kg at the high end. These figures describe the historical price relationship; they do not establish why the changes occurred.
For teams following PP prices in India, the stated support level is Rs 179.00/kg, and the reported resistance level is Rs 183.00/kg. Indian PP prices currently sit at that resistance reference according to the quoted market snapshot. Procurement comparisons should retain the same city, unit and measurement period when reviewing these levels. The weekly rise and yearly range together show how a small current adjustment can coexist with a much wider historical spread. The report supplies price observations, not transaction volumes, demand estimates or forward quotations.
Polypropylene, PP, Weekly Gain, Fortnightly Gain, Monthly Gain, Six Month Gain
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New Delhi, Marketing, Indian PP Prices
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