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On 5th September, Polypropylene (PP) prices in USA remained stable, despite rise in feedstock propylene rose. Downstream demand weakness, particularly in packaging, was counterbalanced by strong industrial offtake in motor vehicles, healthcare, and raffia segments. Producers maintained margins through tactical sales distributions, company actions such as Procter & Gamble's price increase and Kraft Heinz's restructuring affected downstream sentiment. Steadily rising plastics prohibitions in nine US states put a leash on packaging demand, though solid domestic production and consistent exports kept the market balanced.
Key Highlights
Consumer prices for FMCG have risen succeeded change in the U.S. administration. Since May, overall living expenses and manufacturing costs in the country have increased due to higher import tariffs.
On the demand side, polypropylene dynamics continued to be uneven by sector. Automotive, healthcare, and industrial applications maintained steady utilization of copolymer and specialty grades, providing a floor against packagingx;s weakness. Plastics bans in x U.S state increased the level of seasonal downtrend and inventories. Corporate...
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