PP fibre prices edged up in line with reports about limited availability for this product. Middle Eastern fibre prices gained $10/ton on both ends, while Iranian fibre offers firmed up $30/ton on the low end week over week.
A large packager stated, “Two global producers are now being sidelined from the PP market. They appear to take a firmer stance, saying they do not have much to offer and therefore, they don't need to lower more.” Import PP prices in Turkey moved below China around two weeks ago.