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In November 2025 Asian Polypropylene Filament Yarn (PPFY) market price witnessed a bearish trend. This was due to the insufficient cost support from feedstock and limited demand from downstream industry. It is also encouraging to know that the fluctuations in the raw material polypropylene (PP) have also contributed to shape this price trend for PPFY amid soft upstream crude oil prices. The PPFY supply remained abundant during the month, market participants noted higher availability of inventory levels, and local marketers were keen on destocking as the year drew to a close. While demand conditions were influenced by the seasonal factors, and the cautious procurement behavior during the year end period.
In the Indian market, PPFY price witnessed a bearish trend in November xxxx. As per the ChemAnalyst database, the PPFY price declined by x.xx (Ex-Mumbai) during the month, indicating a negative market trend. This is mainly due to the insufficient cost support from the feedstock side and limited demand conditions. Prices for the key feedstock PP (Polypropylene) decreased by x.xxx month-on-month basis, weakening the PPFY price economics.
Cost support from the upstream crude oil price remained minimal, restricting any aggressive changes in the downstream value chain including PPFY prices. Additionally, the strategic move in crude oil import, Indian market shifting towards Russian crude imports at discounted prices, also saved the domestic market from the price escalation of its petro-products including PPFY. According to a recently published data from the Petroleum Planning and Analysis Cell (PPAC), Production of petroleum products was xx.x...
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