In April xxxx, prices for the Polypropylene Filament Yarn (PPFY) experienced the mixed price trend in the Asian-Pacific market. Input costs, trade policies and the demand dynamics mainly shaped the price trend. While Chinese PPFY market struggled with the higher tariff and low production cost, other markets like India got some opportunities to grow.
Chinese market saw a dwindling market trend for the PPFY, due to the weak feedstock market and the low demand conditions. Prices for the key feedstock for PPFY, Polypropylene (PP) declined by xx in the Chinese market, though the market experienced enough weekly fluctuations. Additionally, the elevated trade tension impacted on the market demand conditions significantly.
As China remained the main target for the US President Trump. Starting from the xxx on February x, the tariff on China reached up to...
