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Macro environment supports China PP market
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Relevant information
PP granule output up on year in Jan-Nov
PP powder prices slightly rise on supports
Dec PP output expected to rise on unit operations, restarts
PP supply expected to rise significantly in following month
Rising plastic output fails to drive up PP market
PP powder prices stable-to-falling on low costs
China’s PP output losses increase in Oct
PP market stays tepid on weak demand
Narrowing spread btw PP powder and propylene weighs on margins
