In the US market for Polypropylene (PP), the last week of March xxxx witnessed a notable increase in prices, rising by approximately x.xx. This surge was primarily fuelled by heightened demand from downstream industries, particularly as the summer season approached. Concurrently, robust purchasing activities within the country further contributed to the upward pressure on prices. However, a significant factor influencing the price hike was the surge in exports to overseas markets during this period, which bolstered a bullish trend domestically. Consequently, the average price for PP Copolymer Grade DEL Houston stood at USD xxxx/MT throughout the week.
Meanwhile, in Mexico, PP prices saw a significant uptick of approximately x.xx following a decline in the previous week. This increase was largely attributed to heightened demand from the downstream automotive industry, which experienced notable improvement throughout the week, particularly evident in surging car sales. Despite the increased demand, the...
