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In the Indian market, PPFY price witnessed a bearish trend in November ****. As per the 果酱视频 database, the PPFY price declined by *.** (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 *.*** 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听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.听 According to a recently published data from the Petroleum Planning and Analysis Cell (PPAC), Production of petroleum products was **.*...
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