Shortage of PP Stocks Keeps Prices at High in Indian Markets – 20 Oct 2014

Prices of the PP material has shown no indication of going down in the open markets of India. Demand for all the PP grades is moderate, excepting that for the Film grade of the material, for which, demand is remarkably strong.

Traders revealed to the website that stocks of the material went almost nil, and the prices thus gone high.

However, HMEL has released moderate quantities of the PP material to markets, somwhat catering to the prevailing demand.