Polypropylene prices reduced by 3.96% in the first week of September then remain stable for next two consecutive weeks. The consumer concern was witness as downstream sector renewed order despite making new. The Indian government's introduction of a Minimum Import Price (MIP) on Virgin Packaging Board (VPB) that forced local manufacturers to increase supply prices but fail to impact the market. Hassle-free domestic port clearance made smooth unloading of Polypropylene but small delays from China constraint import supply. The flexibility of the government on GST-related packaging adjustments, which permitted packaging materials to be utilized until December, alleviated short-term waste and compliance hassles.
