The North African polypropylene market saw prices increase this week to close Wednesday at $1,520-1,525/ mt CFR. The increase was attributed to buyers having low stocks and still needing to buy material. However, the upside to price arising from this need-based buying was restricted by an element of caution from buyers. Sources said the caution in trading activity was perhaps due to an expectation prices could decrease further. In general, some sources felt there was no significant change in market fundamentals.
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